Support for funds

Support for funds

Synod has resolved to refresh and update the Synod’s commitment to supporting UCA Funds Management.

Director of UCA Funds Management, Michael Walsh, said that changing governance structures and changes of names had led to different views on how best to invest.

The proposal suggested that parishes, presbyteries, institutions and programs of the Uniting Church be required to deposit funds not required for day-to-day operations in the Synod Principal Common Funds or the Development Fund.

The proposal was passed by consensus.