The Glen Waverley Uniting Church PSALTER|
Size: 1516
Comment:
|
Size: 4815
Comment:
|
| Deletions are marked like this. | Additions are marked like this. |
| Line 1: | Line 1: |
| ## page was renamed from CongMeetingAgenda20221106 | |
| Line 5: | Line 6: |
| To be held in the Church at 12:00pm on Sunday 6th November 2022 - following a shortened 11:00am worship and before slightly delayed Indonesian fellowship. | To be held in the Church at 12:00pm on Sunday 20th November 2022 - following a shortened 11:00am worship. |
| Line 7: | Line 8: |
| A printable version of this agenda and key documents will be attached here. | A printable version of this agenda and key documents is attached. |
| Line 17: | Line 18: |
| == Confirmation of Minutes of Meeting held on 14th March 2021 == | '''Proposed resolution: This meeting of the Congregation of the Glen Waverley Uniting Church appoints xxxx as chair of meetings of the congregation for a period of five years.''' == Confirmation of Minutes of Meetings held on 14th March 2022 and 11th September 2022 == |
| Line 19: | Line 22: |
The minutes of the September meeting of the congregation are at [[http://wiki.gwuc.org.au/gwuc/CongMeetingMinutes20220911|CongMeetingMinutes20220911]] |
|
| Line 27: | Line 32: |
| Details of the proposed budget for 2023 will be presented. | [[attachment:2022 Budget docs v1.pdf|A summary of the proposed budget for 2023 is attached]]. |
| Line 33: | Line 38: |
| ==== Endowment Fund ==== The endowment fund no longer suits the needs of the congregation. It is proposed to change the arrangements for bequests and the funds in the endowment fund. Infomation concerning background and recommended action follows the budget information in the [[attachment:2022 Budget docs v1.pdf|budget document.]] '''Proposed resolution: This meeting of the Congregation of the Glen Waverley Uniting Church approves the following proposal.''' 1. The Functions and Framework of our Current Endowment fund have been made largely obsolete through changes implemented through Synod as to the receipt and use of Bequests and gifts. All Bequests and gifts with defined tied actions and processes now being centralised through Synod Secretariat. 1. Authorise Finance Committee to initiate actions to close the existing Endowment fund and develop processes for a newEndowment fund to enable receipt by GWUC of untied bequests. This Fund to be maintained within the GWUC. 1. Agree to recommendations to close and terminate the existing Endowment Fund framework. Terminate the associated rules where capital received is/was assumed as perpetual capital and for interest to be available for projects progressed through Church Council and approved by the Congregation. 1. Existing Endowment fund will be closed by approval from the congregation with funds to be transferred ni total being Capital and Accumulated interest to a Reserve within the Equity Section of GWUC Balance Sheet from the date of the Congregation Meeting but not later than 31 December 2022. 1. Confirm the development of a revitalised Endowment fund and associated rules, following the decision to cancel and close the existing fund, because its functionality/definitions have had been compromised by the Changes of Synod. 1. Complete a formal letter to the existing Trustees thanking them for their involvement. This to be signed off by Chairperson of Church Council and Treasurer. There will be noTrustees under the new Fund because it will operate within the controls of GWUC Balance Sheet and the authority of Church Council and FinanceCommittee. 1. Develop new rules for use of theExisting funds transferred from the independent Endowment fund to the Endowment fund reserve within GWUC Balance Sheet. 1. Continue to complete independent Audit of the existing Endowment fund through our auditors Yates and Partners for the FinancialYear 2022. 1. From 2023 year the Endowment fund will sit within our GWUC Balance Sheet and will be Audited as part of GWUC and not as a separate entity. 1. Complete new definition and processes for a new Endowment fund Undertake the development of a new detailed marketing profile for Bequests (untied) for presentation to GWUC congregation in early 2023. Proposed by [[http://wiki.gwuc.org.au/gwuc/KenCoutts|KenCoutts]], GWUC Treasurer |
|
| Line 34: | Line 57: |
| === Property Report === |
GLEN WAVERLEY UNITING CHURCH
MEETING OF THE CONGREGATION
To be held in the Church at 12:00pm on Sunday 20th November 2022 - following a shortened 11:00am worship.
A printable version of this agenda and key documents is attached.
AGENDA
1. Welcome and Apologies
Apologies:
2. Prayer
3. Appointment of Chair
As advised at the March 2022 meeting of the congregation, nominations are sought for chair of meetings of the congregation for a period of five years. John Snare is one candidate.
Proposed resolution: This meeting of the Congregation of the Glen Waverley Uniting Church appoints xxxx as chair of meetings of the congregation for a period of five years.
4. Confirmation of Minutes of Meetings held on 14th March 2022 and 11th September 2022
The minutes of the March meeting of the congregation are at CongMeetingMinutes20220306
The minutes of the September meeting of the congregation are at CongMeetingMinutes20220911
5. Reports and Recommendations
5.1. Ministry Team Report
Some good news about some of our programmes (for information)
5.2. Church Council Report
5.3. Finance Report
5.3.1. 2023 Budget
A summary of the proposed budget for 2023 is attached.
Proposed Resolution: This meeting of the Congregation of the Glen Waverley Uniting Church approves the Budget for 2022
Proposed by KenCoutts, GWUC Treasurer
5.3.2. Endowment Fund
The endowment fund no longer suits the needs of the congregation. It is proposed to change the arrangements for bequests and the funds in the endowment fund. Infomation concerning background and recommended action follows the budget information in the budget document.
Proposed resolution: This meeting of the Congregation of the Glen Waverley Uniting Church approves the following proposal.
- The Functions and Framework of our Current Endowment fund have been made largely obsolete through changes implemented through Synod as to the receipt and use of Bequests and gifts. All Bequests and gifts with defined tied actions and processes now being centralised through Synod Secretariat.
- Authorise Finance Committee to initiate actions to close the existing Endowment fund and develop processes for a newEndowment fund to enable receipt by GWUC of untied bequests. This Fund to be maintained within the GWUC.
- Agree to recommendations to close and terminate the existing Endowment Fund framework. Terminate the associated rules where capital received is/was assumed as perpetual capital and for interest to be available for projects progressed through Church Council and approved by the Congregation.
- Existing Endowment fund will be closed by approval from the congregation with funds to be transferred ni total being Capital and Accumulated interest to a Reserve within the Equity Section of GWUC Balance Sheet from the date of the Congregation Meeting but not later than 31 December 2022.
- Confirm the development of a revitalised Endowment fund and associated rules, following the decision to cancel and close the existing fund, because its functionality/definitions have had been compromised by the Changes of Synod.
Complete a formal letter to the existing Trustees thanking them for their involvement. This to be signed off by Chairperson of Church Council and Treasurer. There will be noTrustees under the new Fund because it will operate within the controls of GWUC Balance Sheet and the authority of Church Council and FinanceCommittee.
- Develop new rules for use of theExisting funds transferred from the independent Endowment fund to the Endowment fund reserve within GWUC Balance Sheet.
Continue to complete independent Audit of the existing Endowment fund through our auditors Yates and Partners for the FinancialYear 2022.
- From 2023 year the Endowment fund will sit within our GWUC Balance Sheet and will be Audited as part of GWUC and not as a separate entity.
- Complete new definition and processes for a new Endowment fund Undertake the development of a new detailed marketing profile for Bequests (untied) for presentation to GWUC congregation in early 2023.
Proposed by KenCoutts, GWUC Treasurer
5.4. People and Culture Report
5.5. Property Report
6. Other Business
Although not essential, it would help the chair manage the agenda and time if members of the congregation could let the chair know before the meeting of matters that they would like discussed.