That this National Executive Council concur that the Primacy Fund, the Executive Council Fund and the Episcopal Stipend Fund be amalgamated into a "General Synod Endowment Fund," the investment income being divided 86.96% to the Assessment Account and 13.04% to the Apportionment Account (the present ratio); any additions to the Fund would be for Assessment only. CARRIED
That the Trustees of the Amy C. Smith Estate be advised that the General Synod of the Anglican Church of Canada, although appreciative of the opportunity afforded to it under the Will of the late Mrs. Smith, does not wish to request the use of the house and property at Scugog Island under the terms of Section 4(d) of the Will. CARRIED
That the following recommendations of the Administration and Finance Committee be received and approved:
(a) That National Executive Council issue a statement that, while it recognizes that the government has a right and obligation to enforce the terms of the Income Tax Act and other statutes, it protests the increasing involvement of the government in the legitimate activities of Canadian charities, and points out that the General Synod of the Anglican Church of Canada has made a practice of publishing its annual statistics and financial statements.
(b) That National Executive Council request the Canadian Council of Churches to initiate discussions with the Government of Canada leading to amendments to the sections of the Income Tax Act which place unreasonable restrictions on the expenditure of the funds of registered charities for charitable purposes outside Canada.
(c) That National Executive Council affirm the statement sent by the General Secretary of General Synod to the Prime Minister and Leaders of the Opposition Parties in response to the Revenue Canada Information Circular 78-3, Registered Charities: Political Objects and Activities.
(d) That National Executive Council request that Information Circular 78-3 of the Department of National Revenue, now withdrawn, be not replaced by a Circular which has a similar effect;
but that, if it is the avowed intent of the Department to issue a revised Information Circular 78-3, the Minister of National Revenue be asked to ensure that consultation takes place between representatives of his Department and of the national Churches, as well as of other major charitable organizations before such revision is completed.
(e) That National Executive Council request the Canadian Council of Churches to consult with other religious bodies to raise the issue of religious bodies being described in the Income Tax Act as "charitable organizations." CARRIED
1. That on the recommendation of the Administration and Finance or Program Committees, as appropriate, National Executive Council may use up to 20% of the bequest when it is received;
2. that the balance of the bequest be invested in a Capital Reserve;
3. that the income from the Capital Reserve be used for new and/or innovative work;
4. that a portion of the Capital Reserve itself including the portion designated in item (1) (up to a maximum of 50% of the original bequest received) may be used for new and/or innovative work;
5. that decisions in relation to items 3 and 4 be made by National Executive Council on recommendation of the Program Committee;
6. that the policy for the use and maintenance of the Johnson Bequest be reviewed every six years.
It is further recommended
That, until the capital of the bequest is received and after the Assessment deficit is paid off, the income received be used for new and/or innovative work, as authorized by National Executive Council on recommendation of the Program Committee. CARRIED
Mr. Smith reviewed the remainder of the Administration and Finance Committee report and questions were invited from the floor.
"That the present membership of the Committee on Union and Joint Mission remain in office until the first meeting of the National Executive Council in the Fall, at which time the Anglican membership will be reviewed."
Motion to refer
"That the Anglican membership of the Committee on Union and Joint Mission be referred to the National Executive Council."
The motion was put and CARRIED Act 66
Chancellor H.R.S. Ryan submitted his resignation as a member of the Committee on Union and Joint Mission. The Primate accepted the resignation with regret.
That responsibility be assigned to the Task Force on Funding National Goals for decision of the division of Funds raised in the Anglican Appeal 1979, bearing in mind the emphasis that there was in the original Appeal. CARRIED