The Rummage Sale is On! …and needs YOU!

I’m so happy to share that we have found both dates that will work and a Lead Team of three church members who have agreed to lead our Rummage Sale this year.  Which means….the Rummage Sale is on!

The dates for the sale will be August 4th through 6th.  (There may be an opportunity for an August 3rd pre-sale, but that’s something the Leads will be assessing.) 

The Leads Team is: Pam Stevens, Sara Steen and Julie Estlick.  (Thank you!!) 

What we need: They will next be looking to ensure they have Room Managers for all of the rooms, as well as a few other key roles.  If you are willing to be a Room Manager, or are just wanting to learn more about how to help us have a great rummage sale this year, please contact Pam Stevens directly at pamelahope@aol.com.  We will be posting job descriptions and time requirements for these roles in the next few weeks so look for that as well.

We are so grateful to our Rummage Sale Visioning Task Force of Pam Stevens, Sara Steen, Angie Noden, Diane Banta and Eve Enright to helping us find a new vision for how to have success in our Rummage Sale.  From their conversations and plans, we’ve come up with some changes we’ll be trying out this year – from trying out a “Share the Plate” model to scaling back the size of the sale, to having a more intentional leadership structure.   You can find out more in this blog post (from the April 5th Extra).

In the meantime, start saving up your GREAT stuff you no longer need! Though we won’t be taking clothing or electronics this year, we would love to receive those wonderful finds that will make someone really happy! Look for more information on this blog, in the Extra, and in church on all the ways you can help make this year’s sale a great success.

Financial Update from Scott Denning, Treasurer

 

Spring is in the air (and snow is on the lilacs!), so it’s time for an update on the financial state of the church from your intrepid treasurer.  Below, I will review the current year’s finances, as well as the outcome of our annual Stewardship campaign and highlights of next year’s proposed budget.

IMPORTANT: we will hold a Budget Hearing on Sunday May 7 from 10:40 to 11:30 AM (between second and third services). Please come to this meeting, where we will present the details of the proposed budget. This is your best opportunity to get your questions answered before we vote on the proposed budget at the annual Congregational Meeting on June 4.

Current Year’s Finances:

We are 10 months into our current church year, and we’re doing very well. Pledge collections continue at a near-record pace. We’ve now collected 80% of our annual budgeted pledge (vs 70% this time last year). Spending is exactly what we’ve budgeted: 76% of this year’s budget, compared to 73% this time last year.  We project that we will end the church year on June 30 with a balance within 0.5% of our annual budget.

One of our budget priorities this year was to augment the church’s reserve account. Think of this as our “savings” account from which we draw when expenses exceed income in a particular month, and which we pay into when expenses are less. Our written policies specify that the reserve account should be 10% of our annual budget. The reserve account was pretty much wiped out in the Great Recession, and we’ve been slowly building it back up. The reserve account will be about $50k at the end of this church year on June 30.  Our target is $76k (based on next year’s proposed budget), so we’re getting there but have a ways to go.

Until we can grow our reserve account back to the 10% level, one of the most important ways you can help the church meet its monthly bills is to pay your pledge regularly. If you haven’t already done so, please consider setting up automatic monthly payments rather than paying in unpredictable lump sums. See Carolyn at the church office for details.

Stewardship Campaign:

Thanks to all of you, and especially to our wonderful Stewardship Team who made this year’s campaign very successful. We have pledges of over $660k for the church year that begins on July 1. This is up more than 7% over last year — a very healthy increase! For the first time ever, more than 400 households pledged this year, including 336 member households as well as 78 nonmember households. This represents a total of about 750 people! You can read more details here.

Next Year’s Proposed Budget:

Considering your generous pledge plus additional revenue from plate collections, contributions, fundraisers, and various other sources, we project total income of about $760k for July 1, 2017 through June 30, 2018. Therefore we will propose a budget in that amount. Almost 94% of next year’s budget is supported by pledges and donations!

Next year’s proposed budget includes small salary increases for most of our staff as we continue toward our goal of paying everybody at the midpoint of the guidelines of the denomination for our region.

We are very excited to include a request for a part-time Membership Coordinator (a new hire) in the proposed budget!  As our Three Services Experiment has made clear, we are attracting a lot of new members and friends. Most other large UU congregations have found that the expense of hiring a Membership Coordinator literally pays for itself in a few years through growth in pledging. As more people join our community, this new staff person will ensure that all are welcome and well integrated into the Foothills UU family.

Please bring your questions, comments, and concerns about next year’s proposed budget to the Budget Hearing on Sunday May 7 at 10:40 AM. See you there!

Budgeting Update from Scott Denning and Erik Martinson

This update is a part of a Governance Update being sent by email to all Foothills members.

Every year, the church prepares a budget in the spring for the church year starting on July 1, projecting monthly income and spending 15 months in advance. Our budgets are balanced, so we spend only what we earn.

Nearly all of our income is from the pledges of financial commitment made by members and friends of our community.

The budget for next fiscal year has been prepared by the Finance committee, affirmed by the board, and will be voted on for final approval by the members of the congregation at our annual meeting on June 4.

A hearing to introduce and discuss details of the budget will be held on May 7 at 10:40am. Highlights include an overall increase to the budget of nearly $43,000 made possible by a projected pledging increase of over 8%!

Most of the additional income will be invested in our human resources, including a new part-time coordinator position for membership, as well as salary adjustments to reflect current UUA compensation guidelines for our ministers and staff.

Please plan to attend the May 7 hearing to inform your vote as the budget presentation at the Annual Meeting will be abridged.

Stewardship Campaign Update April 2017

foothills-heartflame-logo-2-1-17-answering-the-call-o-love-1The Stewardship Team would like to thank you for Answering the Call of Love!  We are wrapping up our Stewardship Campaign, Foothills’ annual fundraising drive.  And once again, you’ve come through for a successful campaign. The most exciting news is that we have surpassed 400 pledge units for the first time in our church’s history!  We have 414 households making financial commitments for the support of our church and our work in the community and beyond.  Thank You!  This includes 49 new pledge units, which is up from last year’s 39.  Thank You, New Folks!  And our total so far … drum roll, please… is $659,874!  This is an increase of 7% – very exciting – and that amount will rise throughout the year.

Your financial commitments range from $20 a year to $20,000 a year!  WOW!  Our average pledge is about $1,600.  Our new pledgers averaged $791.  336 of our pledge units are Members; 78 are Friends.

You should have received a letter in the mail last week confirming what you indicated your financial commitment is.  If you didn’t respond to our initial request, we kept your amount the same as last year, as has been our policy the last several years.  Please take a look at it.

For those of you who are data nerds, we will be crunching the numbers further in the next few months, and more statistical information will be available.  We are encouraged by the trends we’re seeing.  Thank you for your generosity!  I hope you feel, like I do, that being a part of the culture of abundance here at Foothills feels good. Together, we are truly making a difference for our congregation and our community.  Thanks again for Answering the Call of Love.

With Gratitude,
Kay Williams, Chair – and the Stewardship Team:
Andrea Bazoin, Jim Lathrop, Peg MacMorris, Brendan Mahoney, and Lynn Young

Rummage Sale Update

The Rummage Sale Task Force has been working over the past couple of months to re-envision the Rummage Sale, to address the various issues and concerns that have come up over the year – mostly related to lack of space, struggles to find sufficient volunteers, and an overall stress some have felt in trying to sustain such a big project.

We’ve decided to try scaling back the sale, primarily by doing the following:

  • Reducing the time it takes for set up and sell to 10 days
  • Eliminating and and sale of adult clothing
  • Eliminating collection and sale of electronics
  • Eliminating sales on Sunday. Sunday will be all church cleanup
  • Training additional personnel on non-global pricing to expand number of folks who can do pricing, provide consistency and reduce rework
Additionally, we are looking to enhance the mission focus by connecting it more explicitly to courageous love.  We are exploring the possibility of “sharing the plate” with a selected community partner, and also partnering with that organization for help in setting up and/or clean up of the sale.

 

Additionally, we are establishing a 3 person Lead team – and we are very much in need of 2 additional folks to fill in this role . Without finding people for this team in the next week or so, we will not be able to proceed with a sale this year.  If you would like a great opportunity to make a meaningful difference in our community, and want to learn more about the Lead team, please contact Gretchen at gretchen@foothillsuu.org and she’ll send you the job description and basic time requirements.
We are very hopeful that we can continue this wonderful Foothills tradition!

It’s time to Answer the Call of Love – from Kay Williams

Foothills HeartFlame logo 2.1.17 ANSWERING THE CALL O LOVE (1).jpgIt’s time. Time to help support all of the important work that Foothills is doing to unleash courageous love in Northern Colorado and beyond. It’s time to affirm what Foothills means to you and your family personally.  And, it’s time to thoughtfully consider your financial commitment and the ways that love calls each of us, and all of us together to respond to the challenges and hopes of our world today.

It’s time to answer the call of love.

We ask all friends and members to keep an eye on your snail mailbox during the next few days – you’ll find information on the ways we’ve been growing, and the ways we are all needed to respond to the needs of today – to meet the rising fear and hatred with a bolder, more courageous love.

To dive in now, be sure to check out our website to see where we have been and where we are going as we discover what it will mean to Answer the Call of Love.

Thank you for your generous support of Foothills and for making all that we do together possible – Kay Williams, Stewardship Team Chair

P.S. If you’ve been preparing your taxes, and thinking you would like to save money on them next time, click here to learn how your pledge of financial commitment to Foothills can provide you with tax advantages for next year.

2 New Ways to Save Taxes & Pay your Pledge – from Cherry & Leonard Sokoloski

TWO WAYS TO SAVE TAXES WHEN PAYING YOUR PLEDGE OF
FINANCIAL COMMITMENT TO THE CHURCH

 If you’re planning how to pay your financial commitment to Foothills for 2017-18, here are two ways to fulfill your commitment and SAVE ON TAXES!

1.      Give appreciated securities (stocks or mutual funds). When you transfer securities DIRECTLY to the church, you avoid capital gains tax, and you are able to give the appreciated amount as a gift. If you sell the securities yourself and give the proceeds to the church, you lose this tax benefit.

2.      Donate part or all of your RMD. If you are older than 70 ½, and you have an IRA, you must take a “required minimum distribution” from your IRA each year. This is taxable income. However, under current tax law, you are allowed to use part or all of your RMD as a charitable gift. That portion will not be taxed.

Important info about a gift from your IRA: The IRS does not allow you to avoid taxes on your RMD and also deduct the gift as a charitable donation. Only one or the other. Therefore, this option is most useful for people who do NOT itemize on their tax return. Please contact Cherry Sokoloski (below) for more information, and also consult with your CPA or other tax advisor.

If you plan to pursue one of these options, please let Cherry or the church office know so we can explain the process.

Remember, to receive the tax benefit, you must transfer securities directly to the church, instead of selling them first yourself. The church will then sell the securities. In the case of a gift from your IRA, it can be cash or securities, but again, it must be transferred directly from the IRA to the church.

Your friendly coordinator for gifted securities,

Cherry Sokoloski:  970-484-5705 or LCSoko@Q.com

Church office: 970-493-5906