Fundraising Challenge

(1) Pay off the Mortgage ! The mortgage on Oakland has been reduced to $90,000, of which we have $83,000 in pledges. We need $7000 more to meet our goal.

(2) Match the Grants ! The next steps involve raising funds for the renovation and restoration of the Oakland Tavern, and creating vehicle access and parking. We have two matching grants requiring $70,000 and another pending request for $50,000 to be matched. Our budget for renovation, restoration and driveway access is estimated to be $315,000. We need to raise $120,000 in community donations for 2006. A committee of the Oakland Board is meeting with the architects to create bid documents for renovation and restoration which will begin in 2006. The plan is to be open in 2007 for the Nelson County Bicentennial celebration.

Fundraising Progress: Goal for Phase One of the Capital Campaign Met in 2005. Nelson County's first museum of history is beginning to germinate from a seed that was planted on November 16, 2004. With the purchase of a historic house called Oakland, the Nelson County Historical Society (NCHS) invested in the first artifact of its sister organization Oakland - The Nelson County Museum of History. A joint capital campaign was launched to pay for the principal and interest of a $275,000 mortgage, and to make renovations for use of the building as a temporary museum and office space. The initial goal for Phase One of the joint capital campaign was $500,000. A year later, that goal has been reached and superseded, thanks to the 280 donors! It has been a heartening display of generosity from those who live nearby or have roots and relations in Nelson County Here is the breakdown: