Administration and Finance Committee Report
https://archives.anglican.ca/link/official2627
- Date
- 1979 November 7-9
- Type
- Resolution
- Mover
- Rt. Rev. F.R. Gartrell
- Seconder
- Rt. Rev. T.D.B. Ragg
- Text of motion
- 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