Castle Rock Capital Campaign
The Castle Rock Capital Campaign was established to purchase a business—Castle Rock Mini Storage—that will generate profits to underwrite rent and utilities at our two-story building in Sedona, Arizona, called the Red Western Tower. The Red Western Tower building houses Diamond Cutter Institute (DCI), Sedona College of International Management (SCIM), Asian Classics Institute (ACI), and Diamond Cutter Press.
The purchase of Castle Rock Mini Storage will generate a net profit of $175,000 each year. We will use this income to pay for overhead expense and maintenance of the building. This means that DCI, SCIM, ACI, and Diamond Cutter Press can use the money they raise each year for programs, and will not have to use it to pay rent in the Tower.
It will cost $5M to purchase Castle Rock Mini Storage.