Financial Committee Minutes 2-12-08

Financial Committee Minutes

February 12, 2008

HIGHLIGHTS:

• This meeting focused on completing the Ministry Guide Sheet in anticipation of our Capital Campaign.

In attendance: Donald B, Bill B, Joe B, Dick B, Carole and Paul B, Ross L, John O, Pastor David Newhouse and Susan C.

Approval of Minutes: Don moved, and Paul seconded, that we approve the minutes of the last meeting. Approved.

Capital Campaign: Prior to beginning work on the Ministry Guide Sheet, Pastor Newhouse described a Capital Campaign for the committee since some members are new to Epworth as well as the Finance Committee. We reviewed that EUMC has not had a capital campaign since 1998, and that we need to raise money to meet our plans and goals. Last month we had discussed raising $500,000. However, we revised that figure to be $1,000,000.

Shall we handle the Capital Campaign internally or hire professionals? There are pros and cons for both. Pastor David, Joe and Susan will contact various professional organizations to find out what each has to offer. Susan will also contact Pastor Paul at Cornerstone UMC about their contact information. After gathering this information, they will meet to pare the list to 3 companies, and invite them to present to the committee. After hearing from these companies, we will be better able to determine whether to handle the campaign ourselves or use professionals.

Ministry Guide Sheet: See attached for what has been determined so far.

Coffee Hour: Finance Committee is responsible for Coffee Hour for the month of March. March 9 and March 16 have no one signed up, and March 30 still needs someone for first service. Please let me know when you will take the opportunity to contribute to this Ministry of Fellowship.

Adjourned at 8:40. Next meeting is Tuesday, March 11 at 7:00 PM.

Respectfully submitted,

Susan C, Chair