Children's Museum Torches Its Mortgage
The Upper Peninsula Children’s Museum celebrated its 15th birthday earlier this year.
And now it’s taken a big step toward guaranteeing its long–term survival.
It’s held a fundraising campaign called ‘Torch the Mortgage’.
The museum’s mortgage term was originally due to end in July 2013.
But 55 donors have each given a thousand dollars, allowing the mortgage to be paid off more than a year ahead of time.
The museum is honoring its donors at a private reception tonight.
Director Nheena Weyer Ittner says they’ll still have to fundraise at the museum.
But she says the payoff of the mortgage will be a big help, because it won’t have to raise nearly as much money to support its programs anymore.
The reception is taking place right now at the museum, and we’ll have more about it tonight at 10 and 11.
Posted by: Mike Hoey