Dear Friends,
For those of you who are interested and have been following the progress of our efforts to establish the physical monastery, I have both good and bad news to report.
First, the bad news...
After meticulously preparing the extensive paperwork required to apply for the church loan, we finally submitted our request for a relatively large amount of start-up capital. This initial funding would be used to A) establish the physical monastery in the United States and B) also establish an esoteric research center on the island of CuraƧao through which the Holy Imperial Russian Orthodox Church and Holy Monastic Order En Deus could operate from on an international level. Unfortunately, the request appeared to be too high for the current real estate market. The lender was just too uncomfortable and declined.
Now, the good news...
We have resubmitted the request asking for less funding. If this new amount is approved, it will at least provide us with the means to establish the physical monastery here in the United States. We can then work on other phases of the project at a later date. Please pray that we will soon see an end to our waiting. There is so much work to be done and a physical location is essential to the success of this work.
All my blessings,
Patriarch Nicholas III
Holy Imperial Russian Orthodox Church
Holy Nicholean Catholic Church
Abbot
Holy Monastic Order En Deus
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