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Bridge City Monthly Meeting
Job Description
Special Funds Trustee
[Joint Committee with Multnomah Monthly Meeting]
3-2004
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Job Summary
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The Spiritual life fund is a fund of Multnomah Monthly Meeting that is to be used by unprogrammed Friends in the Portland area to enhance the spiritual life our worship groups, monthly meetings, and the larger Friend's community.
The fund is administered by a committee known as the special funds trustees who are nominated by the respective meetings. They serve five-year staggered terms. They work in coordination with the Treasurer, reporting at MMM Meetings for Business. Currently the trustees also administer several other Multnomah Monthly meeting funds that are not available to members of Bridge City.
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Job Description
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Specific Duties include:
- Trustees administer the funds on behalf of MMM within the guidelines established by the Meeting. They receive requests for funding from Committees and individuals and from the MFWFB, and make loans and/or grants in consultation with applicants. Dealings with individuals are confidential. Requests relating to property needs customarily originate and are discussed within the normal Meeting decision-making process.
- All trustees are members of Multnomah Monthly Meeting, it's affiliated worship groups, and Bridge City Meeting appointed for five-year staggered terms. Trustees may be asked to serve for more than one term. The trustees should be chosen to assure a broad familiarity with the Meeting community, with Junior Friends activities, and with the operations of the Meeting as well as sensitivity to those in financial need.
- Decisions are made in a prompt and timely manner according to normal Friends' procedures. The trustees meet on a regular basis and as needed to respond to requests.
- The clerk of Multnomah Meeting acts as a substitute when one of the trustees is unavailable or one of the positions is vacant.
- The trustees invest, with appropriate advice, the restricted funds of Multnomah Meeting using the investment guidelines approved by the MFWFB.
- The clerk of trustees, with assistance of the MMM treasurer, prepares an annual report on activities of the various funds, including amounts given out in loans or grants, repayments received, and types of uses, for presentation to the October Meeting for Business.
- The trustees regularly review, in conjunction with the MMM treasurer, the monies available in all specially designated funds. The Meeting has specifically requested regular review of the Spiritual Life Fund due to the complexity of its income structure (Minute 1-92-3).
- The trustees should coordinate with the Multnomah Meeting Committees on Oversight of Worship Groups/Preparative Meetings to encourage use of the funds.
- The trustees may allocate up to $5000 annually from the Spiritual Life Fund to the Program Committee for use in accord with the guidelines for the Fund. The trustees will review this spending level each year and recommend adjustment as necessary. They may allocate some funds to other Committees or individuals subject to MFWFB guidelines for the Fund.
- The trustees may suggest changes in Fund names, use, or process to the MFWFB as they deem them advisable.
Specifically relating to the Special Projects Fund:
- In cases of personal, emergency need, a decision of three of the trustees is sufficient.
- The trustees will be aware of the value of mutual referral between the Oversight Committees (of MMM and Worship Groups) and Special Funds Trustees regarding people needing emergency assistance.
- The trustees take care to follow up on loans and grants including monitoring and reminders about payments and follow-up on the situation of the individuals or status of the projects that have been aided. In the case of educational projects, the trustees encourage individuals to report back to Meeting on their experiences.
- The trustees as well as Multnomah Meeting treasurer keep a record of outstanding loans and balances.
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