Case Statement 2026

Why Now? Construction is progressing on schedule, with opening day set for August 2027—just 18 months away. We need to secure the remaining €6.5 million in commitments by July 2027 to ensure we can order equipment, install technology infrastructure, and hire additional exceptional faculty as needed well before students arrive. Thanks to early commitments and years of disciplined financial planning totaling €3.5 million toward our campaign goal, we have strong momentum. Now we need partners at every giving level to complete what God has started. Financial Stewardship The impacts of COVID-19 and geopolitical conflicts in Europe led to economic instability and dramatically increased construction costs. Through strategic value engineering and phased planning, we maintained our commitment to educational excellence while managing project costs responsibly. ICSV qualified for construction financing based on substantial equity participation, a comprehensive 10-year business plan, and strong enrollment trends—demonstrating to our banking partners our creditworthiness and long-term sustainability. Total Project Funding Structure: • ICSV equity investment: €3.5 million (from years of prudent stewardship and early fundraising) • Construction loan facility: €48 million (secured through demonstrated financial strength) • Campaign goal: €10 million in donor commitments • Already committed toward campaign: €3.5 million (35% of our goal) 9