Project Finances

Project Finances

We've already received generous support from the Christian community across Canada, with substantial gifts coming from as far away as Hong Kong.

  • 229 churches across the country have either given or pledged.
  • Upwards of 2000 individuals have committed.
  • The majority of Ambrose faculty and staff have given a gift or signed a pledge to give a percentage significantly  higher than the 33%  national average attributable to school campaigns.

Ambrose Campus - Expenditures & Revenues

    Expenditures 
 

      Construction

  • Academic Building                            12.1 M
  • Library                                               7.3 M
  • Student Residence                            7.3 M
  • Gymnasium/Performing Arts              4.8 M
  • Site Services                                      2.5 M
  • Furnishings and Equipment               2.0 M

    Total Expenditure                                   36.0 M

    Revenue Sources
 
  • Cash received and Pledged              19.25 M
    • Cash        7.95 M
    • Pledges  11.3  M
  •  Funds to be raised*                          16.75 M

    Total Revenue                                        36.0  M

* In the event that we are unable to raise $36.0 M before we open our doors in September 2008, the university college has set aside 4 acres of land for sale, and has made provisions to turn current rent into mrtgage payments.  Our goal is to finish the campaign debt free, and mortgage free to avoid selling precious land.  Our vision is to begin live on our new campus with money in the bank ready to begin planning phase two of Ambrose University College.