future

Securing the Future Campaign

Hospice of Laurens County became a victim of the national banking crisis that hit our country in 2009. Funding for the building of the Hospice House was secured through a commercial bank in the form of a bond in 2007. Just two years later, the bank found itself in a much weakened position, and its credit rating was reduced. When this reduction occurred, the holder of the bonds was forced to call the bonds.  Hospice had also entered into a complicated swap agreement designed to reduce the volatility of the bonds. A new bank was found to finance our bonds, and the swap agreement had to be bought out. The total cost of this refinancing, including the buy-out, was $500,000. It was covered by a short term loan. Though Hospice is able to meet its commitment with this loan, it does put a strain on our operating accounts. Focused on preserving the strength of Hospice of Laurens County, a steering committee was formed. They have worked diligently to raise funds to alleviate this debt. To date, over $165,000 has been raised in donations and pledges. Every gift is appreciated, regardless of the amount. We have, however, developed the following levels of giving for this campaign and appreciate those who have already made commitments in the following levels:

Saints    ($100,000 up)Friends  ($5,000-$9,999)

    Aaron Industries

Ambassadors  ($50,000-$99,999)   Tommy and Kay Addison

   Charles and Mary Buice

Patrons    ($25,000-$49,999)                    Chuck and Jane Compton

Daniel Compton              Russ and Barbara Emerson

Collie and Joy Lehn       Barbara Frady

           Lykes and Susan Henderson

Benefactors    ($10,000-$24,999)    Walt Hughes and Patsy Sadler

Frank and Linda Brown         Tim and Kelly Mahon

Dan and Pat Hartley       Jake and Bootsie Rasor

Dick and Catherine Swetenburg  Bill Stringer

    Jimmy and Susan Todd

           Richard and Mary Townsend

           Stan and B.J. Turner

The committee, Collie and Joy Lehn, Bill Stringer, Russ Emerson, Dan Compton, Holly Saunders, Renee   Underwood, Lykes Henderson, Mary Townsend, Jane and Chuck Compton, Patsy Thomason, Bob Link, Marc Coker, Susan Todd, Tim Mahon, Joanne Thomason, and Jay Wilson, invite you, the family and friends of Hospice of Laurens County, to participate in this endeavor. They hope that you can see yourself in one of the above mentioned levels, as we all strive to secure the future of Hospice of Laurens County. Contact any member of the committee or Linda Brown at the hospice office if you are interested in helping with this campaign. Below is a pledge form for your convenience.