At its December 2007 meeting, the UNMC Board of Trustees approved a new committee charter for a Finance, Budget, and Stewardship Committee, to be chaired by Jeff Jacobs.
The charter reads as follows:
Universalist National Memorial Church
Finance, Budget and Stewardship Committee Charter
As approved by UNMC Board of Trustees: December 3, 2007
Purpose: The purpose of the Finance, Budget and Stewardship Committee is to help the church be more financially secure, to oversee the church’s investments and finances, to assist the Treasurer with the preparation of the annual budget, and to assist with stewardship matters, including the annual pledge drive and other fundraising solicitations.
Responsibilities & Activities: The Committee shall advise and assist the Treasurer, the Board of Trustees, and the Minister on matters regarding UNMC investments, finances, budgeting and stewardship. More specifically, the Committee will:
Composition: The Finance, Budget and Stewardship Committee shall consist of a chair (preferably a member of the Board of Trustees) and two to four additional committee members. In addition, the church Treasurer and Moderator shall be ex officio, voting members of the Committee. Any church member may volunteer to be a member of this Committee. In accordance with the church bylaws (Article V, Section 3), the Board of Trustees shall appoint a Board member to the Committee, and approve the Committee’s membership and chair. Non-members are also welcome to participate in the Committee’s discussions and activities, but do not have a vote.
Meetings: The Committee shall attempt to meet monthly during the main part of the church year (September to mid-June) and at least once during the summer, at the call of the Chair. Meeting dates and agendas shall be announced in the Anchor and the weekly worship bulletin. The committee may also carry out its business by telephone and electronic communication.
Reports: The chairperson will provide a written report monthly to the Board of Trustees on the Committee’s activities, will provide information on those activities for the monthly Anchor newsletter, and will provide a written report for the annual May congregational meeting.
Budget & Spending: The Committee shall make budget recommendations and request such funds from the annual budget as may be necessary to carry out its activities, including but not limited to the procurement of such materials as may be needed to carry out the annual pledge drive and other fundraising solicitations, program, and to obtain incidental investment research and advisory services. In addition, the Committee shall review the budget requests of all Committees and task forces, and provide a recommendation to the Treasurer and the Board of Trustees on such requests.