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The PC(USA), A Corporation’s rosy financial picture has but one thorn

Ian Hall, who began work in June as the chief financial officer and chief operating officer of the Presbyterian Church (U.S.A.), A Corporation, had a rosy financial report Friday to share with the A Corp Board in a report covering the first seven months of 2021.

A Corp Board receives financial audit, approves revised policies

While the decision concerning the renovation of the Presbyterian Center may have received the most attention, the Presbyterian Church (U.S.A.), A Corporation Board of Directors dealt with other important matters during its May 19-20 meeting.

A Corp Board approves Presbyterian Center renovation

Pending approval from the Presbyterian Mission Agency Board, the Presbyterian Center, the denominational headquarters for the Presbyterian Church (U.S.A.) for nearly 33 years, will undergo an estimated $2.4 million renovation this fall and winter to prepare the first story and part of the second to host the 225th General Assembly next year and, presumably, future assemblies as well.

Researching donor restrictions is the key to leveraging restricted funds

After skipping a meeting in April, the Coordinating Table came together with a purpose Thursday, agreeing by consensus to a plan for staff to begin identifying the restrictions on some of the 2,000 restricted funds set up as bequests over many decades and continuing the discussions required for presenting a unified budget, perhaps as soon as the 226th General Assembly in 2024.

An A Corp elevator pitch

On the recommendation of its Nominating, Governance and Personnel Committee Friday, the Presbyterian Church (U.S.A.), A Corporation Board approved a succinct statement describing the agency.

A coordinated effort

Staff and board members from the Presbyterian Mission Agency Board, the Committee on the Office of the General Assembly and the A Corporation Board are working to build a Coordinating Table designed to enhance discernment and collaboration among the three agencies and help them put together a unified budget process and document ahead of the 225th General Assembly (2022).

On budgets and board feedback

Thursday’s open portion of the online meeting of the Presbyterian Church (U.S.A.), A Corporation Board of Directors was chiefly spent exploring financial reports and the results of a board survey.

Getting their feet wet

Members of the Presbyterian Church (U.S.A.). A Corporation Board of Directors eased their way into three days of online meetings Wednesday, helping four new members learn about their roles and how the A Corporation, which dates back to 1799, fits in and works with other PC(USA) agencies and boards.