Subcommittee Co-chairs

• Dan Costello | This e-mail address is being protected from spambots, you need JavaScript enabled to view it ; 703.850.6328 Cell or 202.393.8673 Work
• Jaye Lopez | This e-mail address is being protected from spambots, you need JavaScript enabled to view it ; 202-531-3844 Mobile

Attendance at Meeting on May 27th:

Dan Costello; Jaye Lopez; John Carter (not present); Aaron Adkins; Byron Smalley; Greg DuRoss; Ron Wilson; Kurt Jacobs (not present; Pepin Tuma (not present); Drew Boatner; Ivan Santos (not present)

Topics Addressed at Last Meeting on May 27th:

Reviewed our progress to date, especially our initial and follow-up contacts with people we will need to consult with, including real estate professionals and developers

Reviewed a number of task areas in some detail, including potential sale of parish assets (the Rectory, appraised value of $1.6 million in May of 2007); development options (we are only at the conceptual stage, and still need to discussion options with a developer who shows genuine interest in our parcel of real property); debt (discussions to be had with the Diocese); external fundraising sources (whether House/Senate members would be amenable to sponsoring an event featuring FDR’s connection to St. Thomas’ Parish; Alumni newsletter, multi-purpose in nature, on-going communications, not just current discernment process); and grants (research community funding organizations, especially private “bricks-&-mortar” orgs)

Continued to make and refine assigned task areas to individual committee members

NEXT MEETING:

Monday, June 2nd, at 7:00 pm; St. Thomas’ Parish – Guild Room

Agenda Items for next meeting:

• Review progress to date

Feedback needed from parishioners: Our committee’s goal is to take a financial inventory of all parish assets and potential revenue sources potentially available to the parish. We will research all feasible options with the intention of providing reliable and quantifiable facts and analysis to the Discernment committee, Vestry, and Parish members so they can make an informed decision on the future growth of the parish.

We would encourage everyone in the parish to review the Finance committee’s charge and provide any information or resources which may assist with our review. And we would encourage anyone to join the Finance committee to lend their time and talents to the process.