Our debt reduction plan is in the final stages. You can click here to learn more about the history of our debt situation. The tremendous support from all of our financial partners and supports have allowed NSBP to be on the doorstep of being free from this hotel debt. As a result of our fundraising activities, including our online fundraising campaign, we have paid over $80000 towards the $100000 agreement.
At the end of July 2019, we made a $50000 payment to the hotel toward our debt settlement. Combined with the other payments we have made over the years, we only have $18000 left to pay on the debt as of July 31, 2019. Our current agreement dictates that we pay $2000 per month, so NSBP would complete the debt repayment agreement with the hotel and be free from this debt within a year.
We would like to express our deepest gratitude to everyone that made any donations to help our organization eliminate this debt. We are so close to completing our payments and being free from this burden. We are extending our donation campaign until September 1, 2019. Our hope is that we can be free of this debt in much less than nine months. Please help us reach this goal by clicking the donate button below or the one at the top of the page. Once again, thank you for your support of the National Society of Black Physicists.