Dear Adobe Family:

Thank you so much for your generous donations. To date, we’ve accrued roughly $45,000 which is invested in a Treasury backed Money Market fund currently paying 5.02%. This amount enables us to accelerate our mortgage payout by two years.  Our outstanding balance on the mortgage is $72,000 at a fixed interest rate of 4%. 

Our job is to be good financial stewards.  The Board is now considering some substantial repair and maintenance needs using some of our reserve funds, as well as reviewing ways to leverage other hard assets. And most important, we're committed to the ongoing work to strengthen our club management.

Thanks to you and these additional funds earmarked for our mortgage, we can move forward with more confidence and consideration regarding the future of Adobe.  We’ll be back in touch regarding the next phase in our growth plan this fall.

Meanwhile, if you haven't contributed to our campaign and would like to, all donations are tax deductible. Please contact Ram at ramsun@comcast.net for more information.
 
We are so grateful.
Best regards,
The Adobe Board of Directors

Dear Adobe Family:

Thank you so much for your generous donations. To date, we’ve accrued roughly $45,000 which is invested in a Treasury backed Money Market fund currently paying 5.02%. ..........