Friends, let’s Finish the Promise.
Nearly ten years ago, First Universalist members united to transform our physical space. An astounding 450 households—you were likely among them—came together to fund Not for Ourselves Alone: Building an Inclusive Future, raising $5.5 million. The goal of that effort was to repair and improve our historic Dupont Avenue building, making it more accessible, welcoming, and sustainable for all. Most notably, we invested in transforming part of the building into an apartment that could safely and comfortably provide sanctuary to families in need. None of us could have predicted how essential that investment would become.
For the past five years, since completing the Not for Ourselves Alone renovations, we have carried a construction loan. Each year, $132,000 — nearly 10% of our annual operating budget — goes directly to loan payments. That is money going to a bank instead of to our programming, our community partnerships, and our shared ministry.
And this fall, under the terms of our loan, our interest rate will increase. We anticipate nearly double the amount of interest we currently pay. More money to the bank, less to the values and vision we share.
It doesn’t have to be this way.
Last winter, when we asked the congregation to share their dreams for our future, the number one priority was clear: pay off the construction loan. Free ourselves from bank debt. Reinvest in our mission. Strengthen our sanctuary and resistance work. Expand our music program. Lean into our environmental values. Support our young people.
Our fundraising goal is $1.36 million.
Reaching this goal will eliminate the construction loan entirely and immediately free up $132,000 each year for ministry, justice work, and community building.
Will you help us Finish The Promise?