General

MEMO: Mid-Year Funding Needs

by: Living Water International
May 29, 2015


This year through your support, Living Water International has made commitments to 1,150 communities. But we are currently running behind our financial goals for the year. We must make up the shortfall by June 30 in order to reach every community! Please read the following internal memo to better understand our urgent funding needs. Thank you for your support of Living Water. We count your partnership as a tremendous blessing!

MEMORANDUM

TO: Mike Mantel, CEO

FROM: Zack Aspegren, SVP Development

Mike,

As you know, even after making significant budget cuts at the beginning of this year, we are still facing a difficult fundraising environment. This has led to us being behind our pacing at the mid-point of the year. In order for us to stay on target and meet our commitments to 1,150 communities, we urgently need to receive a significant number of additional donations during the month of June.

Many of our most faithful donors work in the energy sector. While the drop in oil prices has had a positive effect on parts of our economy, it has certainly been negative for many in oil and gas. I read a recent article that indicated “at least 75,000” have lost jobs as a result of the drop in oil prices.

We are also seeing an increase in giving to political campaigns early in 2015. This generally does not affect giving until the actual election year.

I am so grateful that Living Water has faithful supporters who have always given sacrificially to our ministry. I know that God will provide beyond what we can hope for or imagine. 


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