Family gives $1 million to Falls Creek, Reduces construction project debt
An Oklahoma Baptist family has given $1 million “to help erase the debt on the Falls Creek construction project,” it has been announced by Anthony L. Jordan, BGCO executive director-treasurer.
The family, which desires to remain anonymous, cited God’s blessings and a desire to share those blessings by investing in the lives of current and future generations of young people who will use Falls Creek.
“We are so thankful to God for what He has done through this dear family. Only Heaven can truly count the impact this gift will have for Kingdom work,” Jordan continued.
Following the announcement, Jordan talked about the financial impact the gift will make on the amount remaining to be raised to complete funding of the $33 million, eight-year project. He stated that slightly more than $4.7 million is still needed (See chart on page 6) and efforts continue to secure additional gifts.
“I would be less than honest if I didn’t admit I’ve had times of deep concern over this debt. When that happens, God reminds me there is no place on the face of this Earth where more young people are consistently confronted with the fact that He loves them and has a plan for their life. He reminds me that He has not brought us this far to abandon us now,” Jordan said.
Also important to the overall project funding is the need for Oklahoma Baptists to “remain faithful in making payment on their pledges to Falls Creek,” said Steve Thomas, BGCO director of stewardship advancement. Thomas said a few donors mistakenly thought that since the new tabernacle was completed, all monies needed had been received. Not realizing the convention had borrowed interim construction funds from First United Bank and the Baptist Foundation of Oklahoma, they stopped pledge payments.
“Once we explained the total outstanding pledges served as collateral for the loans, they immediately started payments again,” Thomas commented.
He also said many donors with previously paid-off pledges have made additional gifts or pledges to reduce the debt.
Since the new tabernacle opened in May 2007, more than 160,000 people have attended camps, conferences and events at Falls Creek, including more than 130,000 students and sponsors for summer encampments. During that time, 15,690 decisions for Christ have been recorded.