1 00:00:03,057 --> 00:00:06,464 >> I NOW INVITE FINANCIAL SECRETARY TIM ATKINS AND UUA 2 00:00:06,465 --> 00:00:09,492 TREASURER & CHIEF FINANCIAL OFFICER TIM BRENNAN, OTHERWISE 3 00:00:09,493 --> 00:00:11,534 KNOWN AS "THE TIMS," TO PRESENT THE UUA BUDGET. 4 00:00:19,472 --> 00:00:24,828 >> WELL, GOOD MORNING. MY NAME IS TIM MATHEWS AND I SERVE AS 5 00:00:24,829 --> 00:00:27,228 THE FINANCIAL SECRETARY ON THE UUA BOARD BOARD. SOMETHING 6 00:00:27,229 --> 00:00:30,972 SIMILAR TO YOUR CONGREGATIONAL BOARD AS CHAIR OF THE FINANCE 7 00:00:30,973 --> 00:00:35,829 COMMITTEE. AND I HAVE HERE TIM BRENNAN AND SUSAN FREDERICK GRAY 8 00:00:36,601 --> 00:00:39,296 . AT THE UUA BOARD MEETING, THE BOARD RECEIVED THE ANNUAL BUDGET 9 00:00:39,704 --> 00:00:42,225 FROM STAFF, WHICH WEIGH PROVED. I HAVE TO SAY THIS YEAR'S BUDGET 10 00:00:42,977 --> 00:00:45,628 PRESENTATION WAS THE BEST I'VE SEEN SINCE I'VE BEEN ON THE 11 00:00:45,629 --> 00:00:48,452 BOARD. SO WE WANT TO MAKE TIME DURING THIS GENERAL SESSION FOR 12 00:00:48,453 --> 00:00:54,456 YOU YOU TO HEAR WHAT THE BOARD HEARD IN APRIL. SO SUSAN, MY 13 00:00:54,457 --> 00:00:57,127 FIRST QUESTION, WHEN THE STAFF PRESENTED THE BOARD WITH THE 14 00:00:57,128 --> 00:01:00,832 BUDGET IN APRIL AND THE BOARD APPROVED IT, YOU INTRODUCED A 15 00:01:00,833 --> 00:01:05,927 NEW WAY FOR EXAMINING THE UUA BUDGET, A MISSLE BASED BUDGET. 16 00:01:06,489 --> 00:01:08,768 I WOULD LOVE FOR YOU TO TALK ABOUT THIS CHANGE. 17 00:01:08,769 --> 00:01:14,084 >> THANK YOU, TIM. SO MISSION IS SO IMPORTANT TO WHAT WE DO, 18 00:01:14,085 --> 00:01:16,896 AND BEING CLEAR ABOUT HOW THE RESOURCES OF THE ASSOCIATION AND 19 00:01:16,897 --> 00:01:19,921 THE RESOURCES THAT YOU AND YOUR 20 00:01:23,597 --> 00:01:26,843 CONCLUDE RECONGRATULATIONS GIVE TO THE UUA, HOW THAT IS IN LINE 21 00:01:26,844 --> 00:01:34,012 WITH OUR FISSION. IN THE UUA WE HAVE THREE PRIMARY MISSIONAL 22 00:01:34,013 --> 00:01:38,573 FOCUSES. THINK OF THESE THREE THINGS THINGS. NUMBER ONE, WE 23 00:01:38,574 --> 00:01:42,533 QUIT CONGREGATIONS FOR HEALTHY, VITAL MINISTRIES. NUMBER TWO, 24 00:01:42,534 --> 00:01:46,836 WE TRAIN AND CREDENTIAL LEADERS FOR OUR MOVEMENT AND OUR 25 00:01:46,837 --> 00:01:52,379 CONGREGATIONS. AND NUMBER THREE, WE AMPLIFY THE LARGER 26 00:01:52,380 --> 00:01:56,520 VOICE OF OUR FAITH AND OUR VALUES IN THE WORLD. 27 00:01:56,521 --> 00:01:59,943 >> TECH DECK, COULD YOU PUT THAT SLIDE UP? 28 00:01:59,944 --> 00:02:05,381 >> AND SO WE LOOKED AT THE UUA BUDGET AND WE ACTUALLY BROKE IT 29 00:02:05,382 --> 00:02:10,752 DOWN INTO HOW THE RESOURCES ARE SPENT ON MISSION, HOW THE TIME 30 00:02:10,753 --> 00:02:15,362 OF OUR STAFF IS SPENT SUPPORTING CONGREGATIONS, TRAINING AND 31 00:02:15,363 --> 00:02:19,241 CREDENTIALING LEADERS, AMPLIFY ING OUR NATIONAL VOICE. AND YOU 32 00:02:19,242 --> 00:02:25,340 CAN SEE THAT 34% OF THE RESOURCES THAT THE UUA HAS ARE 33 00:02:25,341 --> 00:02:30,077 SPENT IN EQUIPPING CONGREGATIONS FOR HEALTH AND VITALITY. 25% 34 00:02:30,078 --> 00:02:34,061 ARE SPENT IN TRAINING AND CREDENTIALING LEADERS. AND THIS 35 00:02:34,062 --> 00:02:37,156 IS ORDAINED, LAY, AND ALL RELIGIOUS PROFESSIONALS IN OUR 36 00:02:37,157 --> 00:02:41,336 SYSTEM OF CREDENTIALING AND PROFESSIONAL SUPPORT. AND THEN 37 00:02:41,337 --> 00:02:45,781 24% OF YOUR RESOURCES, OUR RESOURCES ARE SPENT ON PROMOTING 38 00:02:46,776 --> 00:02:50,576 UU VALUES AND SEEKING TO ADVANCE JUSTICE IN THE WORLD. AND 39 00:02:50,577 --> 00:02:55,662 THAT'S HOW WE WOULD HOPE THAT THE LARGEST PORTION OF OUR 40 00:02:55,663 --> 00:03:00,040 RESOURCES ARE SPENT ON THOSE KEY MISSION AREAS, AS WELL AS THE 41 00:03:00,041 --> 00:03:03,272 MOST SIGNIFICANT PORTION GOING DIRECTLY TO THE SUPPORT OF 42 00:03:03,273 --> 00:03:07,272 CONGREGATIONS. THAT'S TIMES WHEN WE WERE IN TRANSITION OR 43 00:03:07,273 --> 00:03:11,057 WHEN A CONGREGATION IS FACINGING CRISIS OR DIFFICULTY AND THERE'S 44 00:03:11,058 --> 00:03:14,874 SUPPORT BEING PROVIDED. NOW, THERE ARE TWO OTHER MISSIONAL 45 00:03:14,875 --> 00:03:18,221 AREAS THAT ARE PART OF THE WORK WE DO AT THE UUA. THEY'RAL 46 00:03:18,222 --> 00:03:22,817 SMALLER PORTIONS, BUT I WANT TO LIFT THEM UP. WE SUPPORT 47 00:03:22,818 --> 00:03:25,416 EMERGING COMMUNITIES, CONGREGATIONS, AND GROWING NEW 48 00:03:25,417 --> 00:03:28,752 CONGREGATIONS. THAT'S IN THE LIGHT BLUE. AND WE WORK TO 49 00:03:28,753 --> 00:03:32,293 EXTEND AND STRENGTHEN OTHER UU INSTITUTIONS. THAT INCLUDES OUR 50 00:03:32,294 --> 00:03:36,356 WORK WITH THE UU SERVICE COMMITTEE, OUR WORK WITH THE 51 00:03:36,357 --> 00:03:40,747 PROFESSIONAL ORGANIZATIONS LIKE LAREDA AND THE UUMA AND THE WAYS 52 00:03:40,748 --> 00:03:43,409 WE REACH OUT ACROSS THE INSTITUTION IN SUPPORT. 53 00:03:43,817 --> 00:03:48,136 >> THANK YOU. SO TIM, TECH DECK, THANKS FOR THE SLIDE. YOU 54 00:03:48,137 --> 00:03:51,376 CAN TAKE IT DOWN. TIM, YOU LEAD THE BUDGET BUDGETING PROCESS IN 55 00:03:51,377 --> 00:03:54,864 YOUR ROLE AS CHIEF FINANCIAL OFFICER AND THE APPOINT 56 00:03:54,865 --> 00:03:58,328 TREASURER. TALK US THROUGH THE PROCESS THE UUA USES TO CREATE 57 00:03:58,329 --> 00:04:01,768 THE BUDGET. HOW DID YOU COME UP WITH A BALANCED BUDGET? 58 00:04:01,769 --> 00:04:05,637 >> SURE. GOOD QUESTIONS, TIM. SO FIRST, JUST TO BE CLEAR RIGHT 59 00:04:05,638 --> 00:04:08,488 NOW THERE ARE A LOT OF FOLKS IN THE ROOM WHO HAVE THE TITLE OF 60 00:04:08,489 --> 00:04:12,660 TREASURER AND YOU PROBABLY ALL VOLUNTEERED. AT THE YOU FELT UA 61 00:04:12,661 --> 00:04:15,524 THE TREASURER IS THE TOP PAID STAFF PERSON, SO THAT'S MY ROLE. 62 00:04:15,525 --> 00:04:21,538 I'M APPOINTED BY THE BOARD AND I REPORT TO SUSAN, THE PRESIDENT. 63 00:04:22,559 --> 00:04:27,657 SO AT THE HIGHEST LEVEL, THE BUDGET IS ABOUT THE ALIGNMENT OF 64 00:04:28,061 --> 00:04:33,420 OUR RESOURCES WITH OUR VALUES. AND SO THIS YEAR UNDER SUSAN'S 65 00:04:33,421 --> 00:04:35,421 LEADERSHIP 66 00:04:39,937 --> 00:04:43,740 LOOKING AT THE BUDGET THROUGH THIS MISSIONAL LENS HAS BEEN 67 00:04:43,741 --> 00:04:47,840 VERY HELPFUL. I KNOW A LOT OF YOU, MOST OF YOU PROBABLY SHARE 68 00:04:47,841 --> 00:04:50,964 THE SAME PROBLEM. OUR REVENUES AREN'T ACTUALLY GROWING. SINCE 69 00:04:50,965 --> 00:04:56,039 THE CRASH BACK IN 2008, OUR REVENUES HAVE BEEN PRETTY MUCH 70 00:04:56,040 --> 00:04:58,040 FLAT. 71 00:05:01,357 --> 00:05:04,169 WE NEED TO COMPENSATE PEOPLE, KEEP PACE WITH INFLATION, THINGS 72 00:05:04,689 --> 00:05:07,788 GO UP THAT ARE INEVITABLE, SO IT IS A BALANCING ACT. AND WHEN 73 00:05:07,789 --> 00:05:13,152 YOU -- SO IT'S VERY CHALLENGING, BUT WHEN YOU BALANCE WITH 74 00:05:13,153 --> 00:05:17,265 MISSION AS YOUR LENS, IT STARTS TO CLARIFY THINGS, BECAUSE IT'S 75 00:05:17,266 --> 00:05:20,148 NOT JUST STEADY AS SHE GOES, WE'RE GOING TO DO THE SAME STUFF 76 00:05:20,149 --> 00:05:22,906 WE DID LAST YEAR AND TRIM A LITTLE BIT. WE HAVE TO MAKE 77 00:05:22,907 --> 00:05:27,966 ROOM FOR OUR PRIORITIES. SO THERE ARE MANY, BUT LET ME JUST 78 00:05:27,967 --> 00:05:31,870 LIST A FEW. SO A FEW YEARS AGO WE MADE THE COMMITMENT TO THE UU 79 00:05:32,247 --> 00:05:34,912 COLLEGE OF SOCIAL JUSTICE. THAT WAS NEW MONEY. WE HAD TO MAKE 80 00:05:34,913 --> 00:05:38,533 ROOM FOR THAT. AS WE WERE JUST DISCUSSING IN THE LAST PANEL, WE 81 00:05:38,917 --> 00:05:42,972 MADE A BIG COMMITMENT TO BLUU. IT'S VERY IMPORTANT. SO WE 82 00:05:42,973 --> 00:05:46,708 NEEDED TO SHIFT THINGS TO MAKE THAT POSSIBLE. AND THEN VERY, 83 00:05:46,709 --> 00:05:48,912 VERY IMPORTANT WORK OF THE COMMISSION ON INSTITUTIONAL 84 00:05:48,913 --> 00:05:51,991 CHANGE. IT TOOK SIGNIFICANT RESOURCES, AND WE NEED TO MAKE 85 00:05:51,992 --> 00:05:55,452 ROOM FOR THAT. AND LAST, IN THIS BUDGET FOR THE UPCOMING 86 00:05:55,453 --> 00:06:00,405 YEAR, WE'RE PUTTING SIGNIFICANT RESOURCES INTO ADDRESS BEING 87 00:06:00,406 --> 00:06:03,469 WHITE SUPREMACY CULTURE WITHIN THE UUA AND EQUIPPING OUR STAFF 88 00:06:03,470 --> 00:06:07,036 TO ADDRESS IT AND EQUIPPING OUR STAFF TO HELP CONGREGATIONS DO 89 00:06:07,037 --> 00:06:12,889 THE SAME. [APPLAUSE] 90 00:06:14,418 --> 00:06:17,344 SO IT WASN'T EASY, BUT WE CAME UP WITH A BALANCED BUDGET. THE 91 00:06:17,345 --> 00:06:23,956 BOARD APPROVED IT. OUR CYCLE STARTS IN THE FALL. WE LOOK AT 92 00:06:23,957 --> 00:06:26,237 STRATEGIC PRIORITIES. JANUARY WE LOOK AT INCOME. THAT KIND OF 93 00:06:26,667 --> 00:06:31,300 CREATES THAT EXAMPLE. WHAT ARE OUR LIMITS? IN FEBRUARY, THE 94 00:06:31,301 --> 00:06:34,588 STAFF WORK ON THE EXPENSE SIDE. THEN IN MARCH, THE LEADERSHIP 95 00:06:34,589 --> 00:06:38,425 COUNCIL SITS DOWN AND WE WORK WITH SUSAN AND CAREY TO GO 96 00:06:38,426 --> 00:06:41,856 THROUGH THE WHOLE BUDGET AND FIGURE OUT, HOW DO WE MAKE ALL 97 00:06:41,857 --> 00:06:46,676 THESE THINGS WORK? SO THE KEYS TO THE BUDGET ARE YOUR 98 00:06:46,677 --> 00:06:51,404 GENEROSITY THROUGH THE ANNUAL PROGRAM FUND. THANK YOU, THANK 99 00:06:51,405 --> 00:06:57,064 YOU. IT IS GOING UP, SO THAT'S GOOD NEWS. SO WE'RE UP OVER 100 00:06:57,065 --> 00:06:59,837 LAST YEAR AND OVER THE PREVIOUS YEAR, SO THAT'S GREAT NEWS. 101 00:07:00,213 --> 00:07:03,541 >> THANK YOU. >> AND THEN I SAY THE OTHER KEY 102 00:07:03,922 --> 00:07:07,513 IS THE ENDOW YOU YOUMENT. SO WE HAVE AN ENDOWMENT WHICH IS 103 00:07:07,514 --> 00:07:10,581 ACTUALLY SHARED WITH ALL OF YOU, ABOUT HALF THE ENDOWMENT BELONGS 104 00:07:10,582 --> 00:07:14,416 TO THE CONGREGATIONS. WE TRY TO INVEST OUR MONEY, AGAIN, 105 00:07:14,417 --> 00:07:18,264 ALIGNING THE ASSETS WITH OUR VALUES. GREAT WORK FROM OUR 106 00:07:18,265 --> 00:07:20,802 INVESTMENT COMMITTEE AND SRI COMMITTEE THAT ENABLED THAT. 107 00:07:21,184 --> 00:07:28,157 >> SOCIALLY RESPONSE INVESTING, FOR WHOSE WHO DON'T KNOW SRI. 108 00:07:28,158 --> 00:07:30,158 >> AND SO 109 00:07:32,793 --> 00:07:35,552 TODAY WE'RE GIVING YOU THIS OVERVIEW. IF YOU WANT MORE 110 00:07:35,553 --> 00:07:37,440 INFORMATION, THERE ARE OTHER OPPORTUNITIES. BUT I WOULD 111 00:07:37,441 --> 00:07:41,708 ENCOURAGE ALL OF YOU TO LOOK AT OUR ENDOWMENT FUND AS AN 112 00:07:41,709 --> 00:07:45,533 OPPORTUNITY FOR OUR CONGREGATION . AND AGAIN, THANK YOU SO MUCH 113 00:07:45,534 --> 00:07:50,236 FOR OUR SUPPORT OF APF. >> SO SUSAN, WHEN TIM CAME TO 114 00:07:50,237 --> 00:07:53,920 YOU WITH THE -- LET'S TALK MORE ABOUT THE BUDGET. THE 115 00:07:53,921 --> 00:07:57,448 DISCERNMENTS PROCESS AROUND THE BUDGET, WHAT ARE SOME OF THE 116 00:07:57,449 --> 00:08:00,123 QUESTIONS YOU ASKED THE UUA STAFF TO CREATE THE BUDGET? 117 00:08:00,124 --> 00:08:03,416 >> ABSOLUTELY. CARRIE McDONALD AND I SAT WITH THE DEPARTMENT 118 00:08:03,417 --> 00:08:06,528 HEADS OF THE UUA AND THE FIRST QUESTION WE ASKED IS WHAT IN 119 00:08:06,529 --> 00:08:12,592 YOUR AREA OF MINISTRY AND MISSION IS MOST CRITICAL TO OUR 120 00:08:12,593 --> 00:08:16,696 ORGANIZATIONAL GOALS OF EQUITY, INCLUSION, AND CHANGE? WHAT IS 121 00:08:16,697 --> 00:08:21,080 CRITICAL TO THIS ANTI- ANTI-RACISM, ANTI-OPPRESSION, 122 00:08:21,081 --> 00:08:23,737 MULTICULTURAL WORK? SO EVERY DEPARTMENT LOOK AT WHAT THEY 123 00:08:23,738 --> 00:08:27,815 WERE DOING AND SAID THIS IS MAKING THE BIGGEST IMPACT ON 124 00:08:27,816 --> 00:08:33,576 THOSE GOALS. THEN WE ASKED, WHAT CAN WE CHANGE? WHERE CAN 125 00:08:33,577 --> 00:08:36,884 YOU FIND COST SAVINGS? NOT TOUCHING THAT CRITICALLY 126 00:08:36,885 --> 00:08:40,184 IMPORTANT WORK. AND THEN THE THIRD THING WAS TO ASK ABOUT 127 00:08:40,185 --> 00:08:46,842 WHAT NEW INITIATIVES ARE REALLY NECESSARY TO DRIVE THIS WORK OF 128 00:08:46,843 --> 00:08:50,669 ARAOMC AND INSTITUTIONAL CHANGE IN SO WE PUT THOSE PRIORITIES IN 129 00:08:51,049 --> 00:08:54,102 THE BUDGET FIRST. AND LIKE TIM SAID, WE WERE ABLE TO CONTINUE 130 00:08:54,103 --> 00:08:56,306 TO FIND THE RESOURCES FOR THE COMMISSION ON INSTITUTIONAL 131 00:08:56,307 --> 00:09:00,141 CHANGE, FOR BLACKS LIVES OF UNITARIAN UNIVERSALISM, AS WELL 132 00:09:00,142 --> 00:09:04,732 AS THE SIGNIFICANT INVESTMENT IN THE WORK OF INSTITUTIONAL 133 00:09:04,733 --> 00:09:11,609 CHANGING LED BY TAQUEENA BOSTON AT THE UUA AND TRAINING FOR UUA 134 00:09:11,610 --> 00:09:14,529 STAFF. IN PARTICULAR, THE STAFF WHO WORK MOST CLOSELY WITH 135 00:09:14,911 --> 00:09:20,052 OUR CONGREGATIONS SO THAT WE ARE WELL EQUIPPED TO HELP 136 00:09:20,053 --> 00:09:24,098 CONGREGATIONS AND LEADERS BE WELL EQUIPPED TO DO THE 137 00:09:24,099 --> 00:09:27,198 INSTITUTIONAL CHANGE WORK IN YOUR CONGREGATIONS. 138 00:09:27,576 --> 00:09:30,324 >> WELL, THANK YOU. THANK YOU BOTH FOR BEING HERE, FOR BEING 139 00:09:30,325 --> 00:09:32,618 PART OF THIS DISCUSSION. SO FOR THOSE WHO ARE INTERESTED IN 140 00:09:32,619 --> 00:09:35,760 LEARNING MORE ABOUT THE BUDGET AND MAYBE DOING A DEEP DIVE WITH 141 00:09:35,761 --> 00:09:38,446 SOME OF THE NUMBERS AND GETTING INTO THOSE DETAILS, YOU'RE 142 00:09:38,447 --> 00:09:41,635 INVITED TO ATTEND THE BUDGET HEARING WITH MYSELF AND TIM AND 143 00:09:41,636 --> 00:09:48,978 LUCI LUCIA, TOMORROW AT ONE 1:1 IN ROOM 25021. AND YOU CAN FIND 144 00:09:49,890 --> 00:09:51,764 THOSE DETAILS IN YOUR PROGRAM BOOK. THANK YOU AGAIN. 145 00:09:51,765 --> 00:09:53,765 >> AND THANK YOU, TIM. >> THANK YOU, TIM