The Session has called a Congregational Meeting
For Sunday, April 30 at 12:15pm
Proposed Revisions to the
May 19, 1991
PPC Incorporating Resolution
Proposed Revisions to the
May 19, 1991
PPC Incorporating Resolution
3. A. The Session shall appoint an Endowment Fund Committee, which may also be referred to as the Endowment and Investment Committee
3.A. The majority of Members of the Committee shall be ordained Elders in the Presbyterian Church (U.S.A.) and all Members of the Committee shall be members of this congregation.
6. The Committee shall use the services of the Presbyterian Church (U.S.A.) Foundation, and/or those approved by Session, for the investing of the Endowment Fund.
8. The income and appreciation from undesignated gifts to the Endowment Fund will be made available by the Session of Potomac Presbyterian Church, up to an amount recommended annually by the Endowment and Investment Committee, which may use it for some or all of the following purposes, including but not limited to: Capital Uses, Mission Programs, Special Programs and the Annual Operating Budget. Deletions: (summary) Uses of 1/3 each to Capital Uses, Special Mission Programs and Special Programs within the local congregation.
Informational meetings will be held after church at 12:15 in the library on April 16 & 23 for people who would like background concerning these proposed changes. Endowment Committee members and Elders will be at those meetings to answer any questions in advance of the congregational meeting. A 3/4 vote of the congregation is required to make changes to the Endowment Committee Incorporating Resolution.