Finance
Fate of Two Chicago Churches: One Celebrates Survival, the Other Faces Closure
2025-04-18

As Easter approaches, two Chicago churches find themselves at opposite ends of a tale of triumph and sorrow. In the historic Pullman neighborhood, Greenstone Methodist Church has successfully raised sufficient funds to restore its heating system, ensuring its survival for future generations. Conversely, Saint Thomas Moore Catholic Church on the Southwest Side prepares for its final Easter Sunday service before closing its doors permanently. This divergence in fortune highlights the challenges faced by religious institutions in maintaining their presence amidst shifting demographics and financial constraints.

In the heart of Pullman, a community-driven initiative has brought new life to the 144-year-old Greenstone Methodist Church. Residents, united across various faiths, pooled over $20,000 to cover an outstanding gas bill, restoring heat to the church after enduring two harsh winters without it. Cindy McMahon of the Historic Pullman Foundation expressed the collective joy of the community, noting the success of their GoFundMe campaign. The church, with nearly all its original fixtures intact, stands as a testament to the area's heritage and will soon open its doors to the public during Pullman Railroad Days in May.

Meanwhile, on the Southwest Side, Saint Thomas Moore Catholic Church faces a more somber fate. Once attracting over 1,200 worshippers when it was established in 1958, the congregation now numbers only around 160 members. Despite efforts over three years to recruit more African-American Catholics, the Archdiocese of Chicago has decided to close the church, ending all masses by May 27. Parishioners like Bill McDonald and Kate Aguanunu express deep attachment to the church and disappointment over the decision, hoping for a reversal from the Archdiocese.

The sanctuary of Saint Thomas Moore is adorned with stunning stained glass narrating the story of Saint Thomas More, blue-toned mosaics, and gold-painted wood carvings depicting the stations of the cross. For many, this architectural beauty represents not just a place of worship but a spiritual home. As they prepare for their last Easter mass, parishioners cling to the hope that the Archdiocese might reconsider its decision, allowing the church to continue its mission of attracting new Catholics.

This Easter season underscores the resilience of communities rallying to preserve cherished landmarks and the emotional weight carried by those facing the loss of their spiritual anchors. While one church celebrates a hard-won victory, another awaits a potential reprieve, highlighting the complex interplay between tradition, community, and institutional decisions in modern times.

Divorce Settlement Sheds Light on Laura Prepon and Ben Foster's Financial Lives
2025-04-19

The divorce settlement between actress Laura Prepon and her former spouse, Ben Foster, has unveiled intriguing details about their financial standings. After six years of marriage, the couple finalized their separation agreement six months after parting ways. Notably, Prepon's gross monthly income stands at an impressive $70,509.92, while Foster earns approximately $22,205.50 each month. Furthermore, Foster will contribute $5,500 per month in child support for their two children, aged 7 and 4. The couple has also agreed to share tuition and school-related expenses, with Prepon's home designated as the primary residence for the children.

This financial arrangement not only highlights the disparity in their incomes but also underscores their commitment to co-parenting despite their split. Both parties have shown a willingness to cooperate in ensuring the well-being and stability of their children’s lives post-divorce.

Income Disparity Between Ex-Spouses

Despite their shared history, Laura Prepon and Ben Foster exhibit a significant difference in their earnings. According to recently disclosed documents, Prepon brings in over $70,000 monthly, whereas Foster's income is roughly one-third of hers. This contrast likely influenced various aspects of their divorce negotiations, including decisions on asset division and financial responsibilities moving forward.

While Prepon enjoys a more substantial monthly income, Foster still contributes significantly to their joint parental duties through his monthly child support payments. His commitment extends beyond monetary support; both parents have agreed to equally bear educational costs for their children. Such arrangements reflect a balanced approach to maintaining their kids' quality of life amidst their marital dissolution. The financial transparency provided by these figures offers insight into how high-profile divorces navigate complex economic realities.

Co-Parenting Amidst Separation

Beyond the numbers, the settlement outlines a thoughtful plan for co-parenting. With Prepon's home serving as the main residence for their children, the couple aims to ensure minimal disruption in their kids’ routines. Foster's regular financial contributions underscore his dedication to supporting their upbringing, even as they live apart.

In addition to providing consistent child support, Foster and Prepon have collaboratively decided to divide tuition and other school-related expenditures. This cooperative stance demonstrates their mutual understanding of the importance of stability and continuity in their children’s lives. By agreeing on such terms, they set an example of effective co-parenting strategies that prioritize the needs of their offspring above personal differences. Their approach serves as a reminder that successful parenting transcends marital status, focusing instead on fostering a nurturing environment for growth and development.

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Portland Timbers Secure Significant Financial Asset for Future Use
2025-04-18

The Portland Timbers have made a strategic move by securing a substantial financial resource from Inter Miami CF. In this transaction, the Timbers exchanged an International Roster Slot for 2025 in return for $270,000 in General Allocation Money (GAM) to be utilized in the same year. This decision highlights the team's focus on optimizing their resources for upcoming seasons. The club aims to leverage this financial boost to enhance player acquisitions or retain key talents within their roster constraints.

Strategic Trade Reflects Team's Long-Term Vision

In a move that underscores the Timbers' commitment to sustainable growth, they opted to trade away an international roster spot for next season. This decision demonstrates a forward-thinking approach aimed at strengthening the squad through financial flexibility rather than immediate player additions. By prioritizing GAM over an international slot, the team positions itself to address future needs more effectively.

This deal is indicative of the Timbers' broader strategy to balance current performance with long-term development. Instead of filling an immediate need with an international player, the club chose to accumulate financial capital. This approach allows them to potentially sign higher-impact domestic players or extend contracts with existing core members without exceeding salary cap limitations. The ability to manage resources strategically will be crucial as the league continues to evolve and competition intensifies.

Financial Maneuvering Sets Stage for Enhanced Squad Building

With the acquisition of significant GAM, the Timbers are well-positioned to execute more ambitious squad-building initiatives. This financial cushion provides the flexibility needed to pursue top-tier talent while adhering to league regulations. It also offers the opportunity to secure key players who might otherwise be out of reach due to budgetary constraints.

The added financial capacity could lead to transformative changes in the Timbers' roster structure. They may now explore opportunities to bring in experienced players who can elevate the team's overall performance. Additionally, the GAM can serve as a tool to retain essential contributors by offering competitive contract extensions. Such moves would not only bolster the team's competitiveness but also demonstrate their dedication to building a formidable squad capable of challenging for major honors in the coming years. This transaction exemplifies how shrewd financial planning can significantly impact a team's trajectory in professional soccer.

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