Purchasing Shakori Hills
Shakori Hills only exists because of your support.
With help from hundreds of contributors, our down payment goal of $75K was reached in 2013 after a three-year campaign.
As a joint venture, the Shakori Hills Community Arts Center and Fingerlakes GrassRoots Festival organizations completed the purchase on December 10, 2013.
The Shakori Hills Community Arts Center is a local non-profit benefiting rural North Carolina and which hosts the Shakori Hills GrassRoots Festival. Fingerlakes GrassRoots is a non-profit based in Trumansburg, NY that produces the four GrassRoots Festivals.
The land purchase is particularly significant in terms of community-building because of how it was funded – a bank was never approached. Since it’s inception as “Shakori Hills,” two different supporters, Anne Winfield and Robert Michener, have owned the land, essentially holding it while the money was raised to pay for it.
Once the down payment was raised, Carol Hewitt, a longtime volunteer and organizer at Shakori Hills, and founder of Slow Money NC assembled a group of more than 30 individual lenders to cover the remaining $620,000. This group of lenders acts as a bank for this “community mortgage,” and will be repaid with a competitive interest rate over ten years.
All donors who contributed to the “Buy-the-Farm” Campaign were commemorated with an art installation at the May, 2016 GrassRoots Festival. The Bridge of Souls commemorative ceremony was held Saturday, May 7th at 1:30pm.
We hope you have enjoyed reflecting on where we’ve been and where we are; we wanted to paint a picture of what we’ve been working on the last several years and help you to have a realistic understanding of what you, the community, have helped create.
Land Purchase News Coverage
-Indy Weekly, February 10, 2010
-Indy Weekly, April 16, 2014