The Moravian Church, Southern Province

Provincial Financial Board

Important Notice

A special Synod met September, 2009 and adopted a proposal to move to a new provincial structure. This Synod approved a recommendation to the 2010 Synod that the Provincial Financial Board be disbanded so that its responsibilities can be assigned to entities within the new structure.

If this recommendation is not approved by the 2010 Synod, the Nominations Committee will present a ballot of candidates for the Provincial Financial Board. If the recommendation regarding the disbanding of the Financial Board is approved by the 2010 Synod, there will be no need for this ballot.

How to Apply

The Nominating Committee invites submission of names of those willing to serve if needed. Please complete a Candidate Information Form if interested. To recommend possible candidates for nomination, complete the Candidate Recommendation Form.

Provincial Board Responsibilities

Frequency of meetings: Monthly (second Tuesday) and as needed with individual congregations and/or church boards (approximately 10 per year)

Usual time of meeting: 4:30 p. m. for monthly meetings. Meetings with individual congregation are at night or on weekends

Areas of responsibility:

To review and approve the overall Provincial budget and its allocation and presentation to churches
To monitor and assess the support of the Provincial budget by churches, including the granting of adjustments to churches where warranted
To oversee the various insurance programs (health, property, liability, etc.) impacting the Province, its churches and its current and retired employees
To respond to the various needs of the local congregations, including the approval of loan requests for buildings, renovations or equipment
To employ and oversee the work of the Provincial Treasurer
To manage the various trust funds of provincial agencies and congregations
To administer (in consultation with the Pension Committee) the Pension Plan of the Southern Province
To review the annual audit of the Province

Helpful qualities for members:

Experience on a local church board, dealing with congregational budgets
Financial planning and/or investment planning
Business knowledge and/or accounting experience
Understanding of the structure of the Southern Province

Length of term: four years, eligible for re-election