Our fundraising for the 5057 project is like running a marathon, and we have a short, steep hill to climb right out of the gate. That hill is our first $10,000 payment to Feather River Rail Society (FRRS) and we have a little less than 3 weeks to get there.
We’ve had a slow start in fundraising because of delays in researching the cost of the overall project, which we now estimate to be about $125,000 (this includes the purchase price, painting, and transportation to South Cle Elum). There is a big learning curve for a project like this and the people at FRRS have been very helpful in assisting us with the planning.
Because of the slow start to our fundraising efforts, we requested a time extension for the first payment. However, FRRS is unable to delay the first payment because they have financial obligations of their own they need to meet. We need to raise the rest of the first $10,000 payment by their next board meeting (April 14) or they will pursue other options, which we understand include possibly selling it to a buyer ‘out east’ or selling some of the marketable mechanical parts of the locomotive.
Right now, we have almost half of the first $10,000 payment we need to purchase the 5057. With your help, we can achieve this first milestone and keep moving toward our ultimate goal of getting the 5057 back to Washington. If you support this project, please donate today.