Donor Pays Off Mortgage For Food Bank


Mortgage burning celebration planned

FoodBankIn a bold and generous move, an anonymous donor recently paid off the $300,000 mortgage for the Foothills Food Bank & Resource Center. The food bank’s executive director Pam DiPietro says the donation will save the northern foothills food bank $36,000 in payments annually for the facility it purchased in December 2012. The food bank plans a mortgage burning celebration Saturday, March 22 at 10:30am at its complex, which is located at 6038 East Hidden Valley Road in Cave Creek.

While DiPietro says the organization is extremely grateful, the need continues to grow.

“While this was an incredible donation, our food bank anticipates an increase in the number of people who will need our help due to recent cutbacks in food stamps,” says DiPietro. “Since moving to our new facility, 426 more individuals have asked for our help, and since January, we have seen an additional 47 individuals request assistance along with the 8,000-plus people we already serve. So, we continue to be in dire need of food and monies from the public at-large.”

The new building effort got underway in March 2008, when a food bank volunteer suggested the Cave Creek resource center purchase a building and pledged $100,000 to begin a capital campaign. Donations helped renovate the purchased building so it would be ready for move-in in June 2013. The generous donation by the donor allowed Foothills Food Bank & Resource Center to clear its mortgage debt by February 2014.

To donate to Foothills Food Bank & Resource Center, visit www.foothillsfoodbank.com or call 480.488.1145.

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