F&E Connexion So let’s talk money… Managing the legacy funds of the Region is a major responsibility of the Finance and Extension Board. It may be the only thing you know about F&E – that we look after the money that has been entrusted to the United Church in our region. F&E’s constitution includes this responsibility as item nine on the list of our duties: … to invest and administer as a prudent administrator (but not limited to presumed sound investment restrictions) its endowments and other...
Author: Royal Orr
The Finance and Extension Board (F&E) of the Conseil regional Nakonha:ka Regional Council (CrNRC) is almost as old as the United Church of Canada itself with roots in the Methodist and Presbyterian mission boards that supported ministry for generations before F&E’s creation in 1926. The Board is volunteer led and currently has 15 members, all approved by CrNRC and serving a maximum of five consecutive two-year terms. The Executive Minister of CrNRC also serves on the Board ex-officio....
We’re launching a new column talking about our region’s Finance and Extension Board (“F&E” to most of you who know us), giving you news about our work and sharing how what we do at F&E connects with the life of your community of faith in the CrNRC territory.
Let’s start with a bit of history: F&E was established as an independent corporate body by federal law in 1926 soon after the creation of the United Church of Canada. It merged the much older Presbyterian Board of Trustees of the Presbytery of Montreal and the Methodist Union of the City and Suburbs of Montreal and was designed to provide financial and organizational support to the mission of the new United Church.
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