Updated costs for cupolas and floor
For project execution between 2025 and 2026, according to the estimations of the existing technical studies -carried out by experts in preservation and restoration of cultural heritage from “Fundación Iglesia de la Compañía de Jesús”, Ecuador- the internal restoration of La Basílica requires the following investments (in US Dollars):
* Internal restoration of six cupolas: $ 130,524.06 USD
* Wooden floor restoration (1000 m2 surface): $ 19,085.22 USD
* Operating Costs: $ 32,446.08 USD
* Subtotal: $ 182,055.35 USD
+10% (long term sustainability approach): $ 18,205.54 USD
Total Interior Cupolas and Floor: $ 200,260.89 USD
Updated costs including safety for cupolas and a system for guided visits
Due to the touristic projection and the local economic impact, besides the internal restoration of the six cupolas of La Basílica -their decorative and figurative painting- and the wooden floor, we have considered the installation of external security, making it possible for tourists to enjoy walking tours to the cupolas. The total costs (estimated for years 2025 and 2026) are as follows:
* Subtotal Interior Cupolas and Floor: $ 182,055.35 USD
* Safety for Cupolas and system for guided visits: $ 48,034.40 USD
* Subtotal: $ 230,089,75 USD
+10% (long term sustainability approach): $ 23,008.98 USD
Total: $ 253,098.73 USD
Initial (desirable) objective of the fundraising initiative (updated)
To rise $ 253,098.73 USD, deposited in the two bank accounts of Unidad Educativa San Felipe Neri, Riobamba, Ecuador, exclusive for the internal restoration of the Basilica of the Sacred Heart of Jesus of Riobamba, Ecuador ($ 230,089,75 USD in the main account, plus an additional 10%, $ 23,008.98 USD, in an account for long term sustainability) by means of various sources of economic contributions, and the procedures and activities detailed according to the fundraising project planification elaborated by GDVA Foundation, Inc., within an expected period of nine months, and with a 60% of the total amount available to begin the restoration works of the cupolas after an expected period of six months.
Please note that these are expected lead times and intended for the fundraising initiative only. The restoration works will depend on available funds and might require by themselves longer completion times.
Pipe Organ: important note
It is very important to mention the pending restoration of the organ, a Casavant Frères Ltée. (Opus 725, 1917), with Organ ID 62631 (https://pipeorgandatabase.org/organ/62631). Prices to restore this instrument are subject to high variability and could become very high between initial quotes from different experts. Therefore, this valuable item will not be included in the current budget, but we anticipate that, once the restoration of the pipe organ of La Basílica is completed, it will be a symbol of cultural integration.