MISSION
To establish and maintain a trust fund consisting of a perpetual fund in which the principal will be retained and only the income used, and a memorial fund from which both principal and income can be used, to enable the further growth of our church, its ministries, and stewardship opportunities.

MEMBERSHIP
The committee will consist of five voting members of the congregation who shall be elected at the annual meeting for a term of 3 years, at least one of whom shall be a member of the Congregation Council. The pastor(s) and the Council president or one member of the Congregation Council shall be ex-officio non-voting members. (See Trust Fund Resolution, I., The Committee, for a full discussion of its membership.)

RESPONSIBILITIES

• Provide for membership in accordance with the Trust Fund Resolution.
• Make use of Trust and Memorial income as is consistent with the charitable and religious purposes of this church.
• Establish written rules and regulations as may be necessary for the conduct of its business (e.g., policies on investing, receiving, and reporting gifts and income).
• Discharge all its duties according to the stipulations of the Trust Fund Resolution.

TIME COMMITMENT
The term of service for each member is 3 years. No member shall serve more than 2 consecutive terms. At each annual meeting the congregation shall elect the necessary number needed to maintain 5 committee members.

ACCOUNTABILITY AND REPORTING

• The committee will provide regular reporting to the Congregation Council.
• The committee will prepare a written report for the annual congregational meeting.
• The committee will provide for an annual audit of its funds and transactions.