Non Profit Strategies for Mosque Financing

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Masjid / School / Community Center

Established Organization
Up to 20 years with 20% down payment, 10 year Balloon Payment
Up to 12 months no payments during construction
No Personal Guarantees possible
$300K - $7 Million

New Organization
Up to 20 years with 20 – 30 % down payment
Will Require Personal Guarantees
$300,000 - $1 Million

Strategy for Non-Profits

Maintain Good Records
Organization Documents  - 501(c)3
Have a Board
Keep up to date Membership Database
Set up Monthly ACH debits for donations
Have a comprehensive fund raising plan with scheduled events