Special Session Of Charge Conference - March 16th
Published: February 16, 2025
Sunday, March 16th at 11:15 AM (Following Worship)
Berwyn United Methodist Church will hold a special session of Charge Conference on Sunday, March 16th at 11:15 AM, immediately following worship.
The purpose of this session is to discuss and decide on the church’s mortgage and funding options for essential building improvements related to our transition to a full-day childcare program.
Key Considerations:
Our current mortgage rate has increased from 4.14% to 6.73%.
Option 1: Refinance the entire mortgage with the United Methodist Loan Board at its current rate of 5.25%, while adding a modest amount to fund necessary building improvements, including:
Air conditioning (most pressing need)
Bathroom additions (child-sized toilets)
Furnishings for childcare spaces
Safety and security measures to ensure church ministry can continue while childcare is in session.
We have requested three estimates for air conditioning and will explore costs for other improvements.
Option 2: Keep the loan as it is and borrow against the $100,000 invested with the Loan Fund, as our endowment is invested with the Mid-Atlantic Foundation and this is a viable alternative.
This decision is crucial for the future of our church and the successful launch of Berwyn Early Learning Academy. All members are strongly encouraged to attend, ask questions, and participate in this important conversation.
For questions or more information, please contact Pastor Kevin or a member of the Leadership Team.