ISWV Announcement : Community Update & Event Postponement
In the Name of God, the Most Compassionate, the Most Merciful
December 15th, 2023
As-Salaamu `Alaykum ,
As we approach the close of this year, we're grateful for the strides we've made toward revitalizing our programs for all age groups post-COVID. A decade on, the ISWV Board remains committed to propelling our organization into its next phase of growth. Our focus as we step into 2024 revolves around several key areas:
- Governance and Structural Development
- New Building Expansion to Meet Present and Future Needs
- Recruitment of an Executive Director
- Team Expansion & Committee Leadership Enhancement
- Fundraising Initiatives
In August 2023, the ISWV Board formed a Real Estate Purchase Committee, initiating steps toward potentially acquiring Temple Aliyah. Here's a snapshot of the journey so far:
- September 2023: Sent a Letter of Intent (LOI) proposing $7.86 million.
- October 2023: Received feedback indicating Temple Aliyah's expectation of offers between $10 to $11 million.
- November 2023: Responded with a revised offer of $9 million.
- December 2023: Expecting a counter offer from Temple Aliyah by early January 2024.
Additionally, in October 2023, the ISWV Board decided to organize an end-of-year GALA for our New Masjid Project, aiming to raise seed money. However, despite ongoing negotiations, progress hasn't reached the desired stage.
Our End-of-Year Benefit Gala scheduled for Sunday, December 17th, was planned with the anticipation of being further along in the purchase process. As we await the counter offer, the ISWV Board has chosen to postpone the Gala to a later date once we're closer to finalizing the deal, InshaAllah.
Rest assured, we're tirelessly working to secure a new home for our community. Should negotiations with Temple Aliyah not succeed, our Real Estate Purchase Committee will continue exploring alternative options.
During this crucial phase, please keep the masjid and our community in your prayers. If you have any questions, please don't hesitate to reach out.
Jazakum Allaho Khairun,
WSalaam,
ISWV Board
The Islamic Society of West Valley relies on your donations to provide high quality classes, events, and other services to the community.
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