Who will manage the Forever Fund?
Because FPC is a House of Worship within the structure of the PCUSA, and also a corporation within the State of Texas, the Board of Trustees has been given the responsibility and authority for certain business functions (required reports to the Texas Secretary of State, church insurance, etc.). The Board will oversee The Forever Fund in close communication with the Pastor and the Session.
Invested funds will be managed by the Texas Presbyterian Foundation for the Forever Fund.
The Board will report to the Session and to the congregation on a regular schedule determined by the Session.
Periodic audits of the program will be conducted on a schedule set by the Session.