The Oshkosh Food Co-op has surpassed the half-way mark in its capital campaign to open a community-owned grocery store at the corner of Jackson Street and Pearl Avenue. On February 25th, the co-op announced it has raised $804,136 toward its $1.6 million capital campaign goal.
“We are thrilled that more than 220 member-owners, organizations and community champions have contributed to this campaign,” said Brenda Haines, Oshkosh Food Co-op Board President. “We are seeing a surge among member-owners, businesses and community leaders who are interested in seeing this project happen. We need our member-owners and community to help us take this campaign across the finish line and we believe they will.”
The Co-op has leased 8,000 square feet of space from Merge Urban Development on the first floor of the proposed BRIO Building and must complete its fund-raising by March 31, 2020 in order to move forward with its plans for this site.
Anyone wishing to support the campaign can do so by making a tax-deductible, charitable gifts through the Oshkosh Area Community Foundation. Co-op member-owners who are at least 18 years of age and Wisconsin residents can make loans to the campaign.
“It’s exciting to see community members investing in this project,” said Susy Vette, Oshkosh Food Co-op Board Member. “They’re committed to bringing healthy food options to Oshkosh’s central city, supporting local farms and producers and building a community space that brings people together. Our fund at the community foundation makes it possible for anyone who believes in this work to support the project.”
More than 1,160 people have purchased an ownership share in the co-op, with more than 30 people becoming co-op owners in the past month alone.
‘We are getting new members from all over the Fox Valley. We cannot wait to reach our goal and bring more people to central Oshkosh for their shopping,“ said Lizz Redman, Project Manager.
The contents of this release and any prior or subsequent communications from or with the Oshkosh Food Cooperative, or any professional associated with Oshkosh Food Cooperative, are not legal, accounting or professional tax advice. Oshkosh Food Cooperative and its directors, officers and any other representatives of the Co-op do not assume any responsibility for economic or tax advice or consequences concerning this investment.