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UP-words for Juoy 15, 2007 |
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Written by Jeanne Knepper
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Friday, 13 July 2007 |
CONNECTIONS
UPUMC
• Unbinding the Gospel, Adult Sunday School meets Summer Sundays, 11:30pm, Errol Stephenson Hall.
• UMW Bake Sale, Sunday, July 15, after church.
• Lunch Bunch, Old Spaghetti Factory, Tuesday, July 17, 12:30pm. See Bev Read for reservations.
• Trustees meet Tuesday, July 17, 6:30pm, Errol Stephenson Hall.
• All church Potluck, Sunday, July 29, after worship.
• All-church Beach Retreat at Camp Magruder, Friday-Sunday, August 3-5. See article and sign up.
THE LARGER CHURCH
• Nature Detectives Camp for our Sunday School Children, August 8-11, Suttle Lake Camp.
THE COMMUNITY
• Game Days, First and Third Sundays, 2-5pm, University Park Coffee Shop, including today.
• Portsmouth Neighborhood Association Event, Walking the Neighborhood, Tuesday, July 24, 7pm, Clarendon Elementary School.
FUTURE EVENTS, FOR YOUR CALENDAR
• Orientation meeting for Cruise, Wednesday, August 1, 7pm, Errol Stephenson Hall.
• Third Annual North Portland Pride Festival, Sunday, August 12, Noon-4pm, UPUMC.
• UPUMC FUNd-raising Cruise, September 16-23, 2007. Talk to Betty Cruson to sign up.
WEEKLY AT UPUMC
• Choir practices Sundays at 9:30am, Tuesdays at 6:30pm, Sanctuary.
• Men’s Group, Tuesdays, 10am, Narthex.
• Alcoholics Anonymous, Narthex, Sundays, Tuesdays and Fridays at 8pm, weekly.
• Overeaters Anonymous, Wednesdays at 7pm.
• Morrison Center Program, Thursdays 5-9pm, beginning June 21.
STAYING IN TOUCH
Edna Riddle, Sunrise Adult Care Center, 11945 SW Butner Rd., Portland OR 97225; 503-841-1295.
Harriet Bonhorst, Pioneer Tower, 515 P Street #202, Sacramento, CA 95814; phone: 1-916-446-4863.
Erica Martinez, 182 E Nevada St. Ashland, OR 97520. Cell phone: 1-503-791-3680.
Jeanne Pulliam, 8603 SE Causey Ave, Apt 202; Happy Valley, OR 97086-2604, Telephone 503-594-2539.
Aleena Sologar, 775 Cascade St. #1316, Oregon City, OR 97045, her son Jonathan’s home. Phone, 503-387-3813.
HOLDING IN PRAYER
Dana Brandt—cancer, chemo—at home.
Dick Burdon—surgery on July 16—at home.
Jerry Culver—medical testing—at home.
Carolyn Hammett—recovering from surgery—at home.
Phil Herbach—awaiting hip surgery on 7/17—at home.
Aleena Sologar—recovering from a fall—at her son’s.
PLEASE DON’T GO HUNGRY. WE HAVE FOOD IN OUR PANTRY, LOCATED IN THE HALLWAY LEADING TO ERROL STEPHENSON HALL. TAKE WHAT YOU NEED.
SUNDAY CONCERTS IN MCCOY PARK
During July, there will be free Sunday concerts at the park, 6-8pm. The schedule is:
July 15—Son Trio, traditional Cuban
July 22—The Fabulous Essentials, classic rock
July 29—Portland Festival Symphony Orchestra
PENCILS FOR KIDS
Do you remember the excitement of getting your new school supplies each fall to start the new school year? Do you know that buying school supplies is a challenge for many of the families of school children in North Portland? There are 4,384 children enrolled in North Portland Public Schools in the Roosevelt cluster, the area UPUMC is in. We are a big part of a neighborhood effort to make sure that every one of those students starts school with the school supplies they need. Our own Lisa Horne is coordinating the collection of school supplies. Our part of that grand adventure is to collect as many pencils as we can. Watch for the back to school sales and start to collect those pencils. Bring them to the altar as our gift to God and to the kids of our community. Let’s show ourselves, once again, that we are the church that can, and does. We will collect through July and the first part of August.
WALK AND WIN AN IPOD
The Portsmouth Neighborhood Association will host a Neighborhood walk on Tuesday, July 24, 2007 at 7pm. Residents will walk through the neighborhood to discuss our community assets and what we’d like to see improved. Walkers will be joined by City Commissioner Sam Adams, Metro Councilor Rex Burkholder, County Commissioner Jeff Cogen, State Representative Tina Kotek and Crime Prevention Coordinator Havilah Ferschwilder. Afterwards, there will be a drawing for an IPOD Nano for a Portsmouth resident. For more information, talk to Scott Jensen.
ALL CHURCH BEACH RETREAT AUG 3-5
Camp Magruder had some time available to groups, and several people asked if it would be possible for us to plan an all-church retreat on short notice. I spoke with the office manager at the camp and have reserved the weekend of Friday, August 3 to Sunday, August 5. Beutler Hall has two big sleeping rooms with bunkbeds, a large central room, a kitchen, two bathrooms and a shower. All of the rooms are on one level. The cost for the retreat is $100 per person, which includes all food and lodging. There will be scholarship help available, so do not let the cost deter you. We do all of our own cooking and we provide our own bedding, towels and toiletries. This is a time away to rest, relax, play and get to know one another better. There is a sign-up sheet on the Narthex bulletin board. Please sign up now. There is some scholarship assistance available. Let me know if you could use some help.—Marcia
UPUMC ENDOWMENT INVESTMENTS
The finance committee met on July 11, 2007. Guests present were: Bruce Rogers and Al Rieke, Metropolitan District Church Extension Society and Greg Dufault, Equity Fund Manager. The purpose of the meeting was to discuss our current investments, and to decide what the best investment strategy is for the church.
Metropolitan District Church Extension Society (MDCES)
Bruce Rogers described our options as maximizing income, growth, or a combination of both. The risk from low to high is church loan portfolio, short-term fixed, long-term fixed, and equity growth. The average return of the equity growth fund for the following time periods was:
1995-2006 – 3.795%.
2005 – 10.485%
2006 – 11.92%
Greg stated that our current investment in long-term fixed income (bonds) is not doing as well as in years past, and he is glad that we are rethinking our investments. He proposed a 60% investment in equity growth funds, 30% in short-term fixed income, and 10% in a set aside fund for our needs over the next two years.
UPUMC Investment Decisions
UPUMC currently has $81,715.34 to invest, which is made up of $59,441.82 (current value of long-term fund) and $22,273.52 (proceeds from O’Hearn land sale). We will hold back $4,273.52 from the O’Hearn proceeds to cover the legal costs in recovering that money. Any left over money after paying the legal fees will be sent to MDCES for the short-term fixed income portfolio.
The committee decided to have our investment funds (endowment) split into the following funds:
10% – church loan portfolio investment fund = $8,000
30% – short-term fixed income portfolio = $21,441.82
60% – equity fund = $48,000
Our $8,000 investment in the church loan portfolio fund is a set aside account, which we plan on drawing from each year to pay taxes on the parsonage. The paperwork was completed and signed to make the above changes, and Karen wrote a check for $18,000 to MDCES. The Trustees will need to ratify these decisions.
Birthday Fundraiser Idea
Jeanne suggested a new fundraiser to allow members to commemorate their birthdays by making a donation to the church. The Birthday Fund would involve a “bank” jar that is contributed to for honoring someone’s birthday. Example: Lisa turns 42 in October. Lisa would donate 42 “x” to the jar, where “x” is decided by the giver, such as pennies, dimes, quarters, dollars. Other church members would be welcome to donate too.
The next meeting is Tuesday, August 14, 2007 at 7:30 p.m.
Respectfully submitted by
Lisa Horne, Finance Committee Chair
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