Financial Status
Below is a quick report of the history of the donations requested, received and the use of the funds.
| 2026 | |
|---|---|
| Renovation Costs (Revised) | 3.0 Million € |
| Renovation Costs (2023) | (1.9) Million € |
| Increased in costs due to fire protection, opening up the basement, and inflation in labor and materials | 1.1 Million € |
| Clearing out and on-going maintenance | (0.02) Million € |
| Remaining donations available for renovation | (0.89) Million € |
| Additional donations received as of end of April | (1.0) Million € |
| Costs to obtain permits, architect; professional services already paid in 2025 | (0.14) Million € |
| Amount needed to complete renovation | 0.97 Million € |
| 2023 | |
|---|---|
| Total Donations received (Actual) | 2.47 Million € |
| Amount paid to purchase the property | (1.56) Million € |
| Remaining Funds | 0.91 Million € |
| Oct 2022 | |
|---|---|
| Property Purchase price | 1.56 Million € |
| Estimated Renovation Costs included car parks | 1.90 Million € |
| Announcement for property purchase and Phase 1 renovation (1.56 MIl€ plus 0.50 Mil €) | 2.06 Million € |
| Donation received and pledged | 1.35 Million € |