Financial Crisis
Reminder: PC(USA) Offices Closed May 17-23
As we announced a few months ago, next week, May 17-23, General Assembly Council staff will be taking unpaid furlough leave as one of our measures to provide savings in the 2009 General Assembly Mission Budget during this challenging economic time. I am grateful to my colleagues for their personal sacrifice for the sake of [...]
Service recognizes those laid off
From the Louisville Carrier-Journal:
Members of the Presbyterian Church (U.S.A.) lit a candle during a service last night for each of 28 staff members who had been laid off at the denomination’s headquarters because of recent economic woes and a restructuring process in the church.
“Help us find faith in this difficult time,” said one congregant during [...]
GAC closes $9.92 million 2009 mission budget gap
Global economic crisis, strategic planning shape package of expense cuts, use of reserves
by Jerry L. Van Marter
Presbyterian News Service
LOUISVILLE – The General Assembly Council (GAC) closed a $9.92 million shortfall in the 2009 General Assembly Mission Budget today (March 27), making budget reductions of $3.99 million and using unspent previous year revenue totaling $5.93 million.
In [...]
Navigating the “Great Recession”
Now more than ever, communities of faith have an opportunity to heed the call of leadership and in turn offer hope and guidance. On April 25, Luther Seminary and Share Save Spend will team up to present Navigating the Great Recession: Financial Leadership in Your Congregation & Community. The one-day conference will help congregations and [...]
GAC Announce Budget Strategy
As the financial crisis rolls on, it is impacting churches. As indiviudal churches struggle to make ends meet, so do larger bodies like the General Assembly. Below is a video from General Assembly Council Executive Director Linda Valentine and Deputy Executive Director for Mission Tom Taylor.