Trust Fund #809 CETALC
Resolution text
Resolved, That the Canons to the Presiding Bishop for Ministry Within the Episcopal Church and for Ministry Beyond The Episcopal Church be authorized to use income distributed during 2018 from Trust Fund No.809, up to $61,700, for additional expenses around educational and theological programs (including continuing education and individual scholarships), as recommended by the Commission on Theological Education for Latin America and the Caribbean (CETALC) at its meeting in the Dominican Republic, July 31 – August 4, 2018; and be it further
Resolved, That disbursement of funds will be conditioned upon the receipt of appropriate documentation to secure financial and operational accountability acceptable to the Canons and the Treasurer; and be it further
Resolved, That any balance not awarded by the Canons during 2019 be reinvested.