August Update from the Board

The Board held its regular monthly meeting on August 20 as well as a special meeting on August 23.  At the August 20 meeting, Board members continued their discussion of Widening the Circle of Concern, a report by the UUA Commission on Institutional Change.  The Board also took the following business actions.

  • Approved the July Treasurer’s Report and minutes from two July Board meetings.
  • Revised the compensation for the two-year, half-time ministerial intern expected to start in September.  The compensation will be $18,000 for the two years.  This figure is in line with the amount we paid our last ministerial intern and reflects the amount BVUUF has been budgeting.
  • Accepted the Building Finance Report for July, which was full of good news:  Building pledges received to date total $2,042,227.  Twenty-six pledge units have paid more than the amounts they pledged, and most members have paid or are paying their pledge amounts.  Also, we still have about a third of the building contingency fund.  Barring unexpected expenses, the contingency fund can be used to pay part of the long-term building loan of $709,000.  With this development, and because interest rates have declined, monthly payments on this loan in the years ahead are likely to be far lower than projected.
  • Adopted a Board Covenant for 2020-2021.  This Covenant provides guidelines for how Board members will work with each other.  

At the special meeting on August 23, the Board approved a fundraising request from the Social Justice Council.  The fundraiser will seek donations to benefit the charity RIP Medical Debt.  Each dollar raised will eliminate $100 of medical debt for residents in Boulder, Weld, and Broomfield counties.

For more information about any of these items, please contact Gloria Pearlstein, at secretary@bvuuf.org.

Next Regular Board Meeting:  September 17, 2020, 6:30-8:30 PM, via Zoom