Ian Hall, the Presbyterian Church (U.S.A.), A Corporation’s chief operating officer and chief financial officer, had mostly good news for the A Corp Board Friday while presenting a financial report comparing June 30, 2022, to June 30, 2021.
The A Corp Board will be hearing a presentation during its April meeting on whether to shift a percentage of about $50 million in A Corp holdings to investment firms that are run by Black fund managers.
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.
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.
The Coordinating Table, established just before General Assembly by the then-Moving Forward Implementation Commission (now a special committee), held its initial meeting Monday to learn what’s expected of its work and how that work can best be accomplished.
The Rev. Gregory Bentley and Ruling Elder Elona Street-Stewart, the Co-Moderators of the 224th General Assembly (2020), took 45 minutes Thursday with members of the Presbyterian Church (U.S.A.), A Corporation Board to share their vision of what’s ahead over the next two years.
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.
