For the past several months, a small team of Trinity and community members led by Ruth Smith have been meeting to form a nonprofit to manage the historic preservation projects at Trinity. The purpose of forming a separate nonprofit is twofold: 1) to apply for grants that Trinity is currently ineligible for as a religious institution and 2) to charge rental fees for the use of our space. The team has named this new nonprofit Living Stones Historic Preservation. Through Living Stones, we strive to build a welcoming community by preserving the solid foundations of the past. The mission of Living Stones is to support preservation and encourage use of historic religious structures in Lafayette. More at www.livingstoneslafayette.org.
In addition to determining the mission and vision, the Living Stones team has identified strategic options utilizing the strengths and opportunities at Trinity to address its weaknesses and threats. Some of these options include:
Over the next year, Living Stones will focus on completing two historic preservation projects:
1. South Lawn Landscaping
2. Stained Glass Window Restoration.
Living Stones will apply for grants and in order to provide matching funds, Living Stones will enter a cooperative agreement with the Trustees to rent out building space owned by Trinity to individuals and organizations, raise private contributions (individual and corporate) and utilize Trinity’s Building Endowment funds as authorized by the Trinity Endowment Bylaws.
In addition to the two projects, the Living Stones team is also focusing on developing a strong board and operating plan. During this first year, Trinity will provide administrative support and the Living Stones team will write grants and recruit board members. Trinity does not currently have enough available resources to support the financial management of Living Stones. Until Living Stones can acquire the resources to maintain a financial administrator, Friends of Downtown has offered to provide fiscal support. Friends of Downtown is interested in seeing Living Stones succeed for the vitality of the downtown Lafayette area and is offering their support and services at no cost. This fiscal agent support is already offered to many local non-profits in Lafayette like Grow Local. By the end of 2019, Living Stones team will prepare a plan for rental management, accounting and grants management, and fundraising. The Living Stones team is excited to move forward with year one!
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