Wednesday, January 19, 2011

Summary of Details from latest LMC Newsletter

A summary of details from a London Mennonite Centre Newsletter which was sent out in January of 2011.  If you would like the PDF copy of it, just contact me and I will e-mail it to you.  I can't post it easily here -not even the text only - I tried.

Letter is from - Jeremy Thompson, Chair of the London Mennonite Trust

Sale of the LMC was completed in December of 2010 for a sum of £3,250,000.  The agreement is for up to nine months until completion.

Bridge Builders (whom I work for), as a product of the London Mennonite Centre's ministry, is going to be granted a one time gift of £105,000 as it works toward becoming an independent Charity.   This should cover expenses incurred in the first two years of operation.  London Mennonite Trustees are still hoping for a possible co-location with Bridge Builders, dependent on an adequate future location, for both parties.

LMC Trustees would like to have a portion of the completed sale for use as an investment to bring in steady income for the future Centre.  They now have under £2,000,000 to work with, including renovation, for use to purchase a new Centre.

Trustees are also in the process of interviewing a possible North American candidate to become the future Director of the Centre.  This is an on-going process and will likely take up to a year from any accepted offers before the Director will arrive.

On a lighter and happier note, a longtime staff member of the Centre was married in November of 2010.

Do let me know if you would like a copy of the PDF.

- Sam

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