October News Regarding the Foundry Management Board

Tuesday, November 18, 2014

Update on Foundry Management Board Meeting

October 28, 2014

The Foundry Management Board, a nine-person group of elected laypersons, meets monthly for discussion and decision making regarding the strategic direction of the church. This report contains highlights of the October meeting with an official set of minutes available on Foundry’s webpage.


Financial Matters occupied the majority of the Management Board’s attention. The Board discussed:

Standardizing financial procedures: A manual of standard operations procedures for handling monies at Foundry is being developed by the Board’s Finance Committee. To be completed by February 2015, the manual of approximately 45 pages will include a definition of capital and operating reserves, and processes for withdrawing from those reserves. The Board approved an interim policy regarding transfers between funds until the manual is completed and adopted.

Budget needs for 2015:  The 2015 budget now under development anticipates a slight decline in spending from 2014 levels. Because of unanticipated revenue declines in 2014, however, additional resources would be required to meet those expenses in 2015. The easiest way to do so would be for 80-100 Foundry members who gave—but did not pledge—this year to do so for next year, and for Foundry members who have pledged in the past to increase their giving.

After the stewardship campaign concludes, the Board will consider adjustments to the budget based on projected revenue; church goals set for 2015 developed through house meetings with Rev. Ginger Gaines-Cirelli and congregational feedback at a Holy Conversation; and other factors, so that Foundry operates in a fiscally responsible way.

Stewardship Campaign: Board members will (a) help the Stewardship Ministry Team staff a table in Fellowship Hall on November 2, 9 and 16; (b) make their own commitments as soon as possible; and (c) talk with individual members about making their pledges. Dan Vock, Board president, will write a letter, both encouraging and realistic about need, to be sent to members and posted on Foundry’s website. The Board also approved a three-year planned giving plan to encourage Foundry members to consider legacy giving as part of their stewardship. 

Mission Possible Update: Paul Hazen, chair of the Mission Possible Committee, reported on the loan status, architectural contract and planned giving. The congregation voted in June to authorize the Management Board to enter into loan agreements and contracts for Phase One of Mission Possible. Dan Vock has signed the loan letter of intent, and closing of the loan is imminent. Contracts with architects are next.

Report from Senior Pastor: Ginger reported (1) she is using data from house meetings for a report that will be shared during a Holy Conversation with the congregation on November 9 from 12:30 to 2:00 p.m.; (2) the Rev. Dr. James Harnish, who recently retired from Hyde Park United Methodist Church in Tampa, Fla.,  will facilitate the Board’s visioning retreat with senior staff in January; (3) newscaster David Gregory,  whose family visited Foundry last Sunday, will interview her for a book on his faith journey; and (4) she will be one of five editorial board members responsible through the Abington Press for a new women’s devotional Bible, which will have a progressive feminist perspective.


- Submitted by Barbara Cambridge on behalf of the Mission Possible Communications Ministry Team