Report of the
Bible Fellowship Board of Directors
The Board of Directors of the BFC held four regular meetings to attend to corporate business related to Annual Conference, to agencies, and to the churches.
The Board provided oversight, advice and assistance in respect to fiscal, legal and property acquisition and disposal as follows: Annual Conference, medical insurance, administrative budget, Board of Church Extension, and Board of the Homes, Inc.
During the year, the building which formerly housed Philadelphia Emmanuel Church was sold to Baraca Church and the parsonage was sold to the pastor of that congregation.
The Board of Directors also represented the Board of Church Extension in the following transactions: sale of the parsonage of the Director of Church Extension in Plainfield, NJ, purchase of a parsonage for the new Director of Church Extension in Adamstown, PA, and purchase of a parsonage for the Brooklyn Mission. The request of the Board of Church Extension to sell property in Egg Harbor, NJ, was also granted. This property is now listed with a realtor.
Mr. Robert H. Carr, Jr., continues to represent the BFC in medical insurance matters, and is available to advise churches in regard to what options are open to them, and how best they might meet their medical insurance needs at the most reasonable cost. Rev. James A. Beil still represents the Board of Directors as liaison with Mr. Carr and is available to you should you need him.
Work on updated bylaws for the Fund to Promote Church Extension continues and should be ready for presentation to Annual Conference in 2002.
The financial report of the Board of Directors for the 117th Annual Conference (2000 Yearbook, page 230) indicates that giving by the churches toward PJC Debt reduction in 1999 was $88,933. During that Annual Conference, the following resolution was adopted: “Resolved, that each church for the year 2001 continue to pledge 1% of its offerings (based on 1997 offerings), to replenish the Fund to Promote Church Extension. The financial report of the Board of Directors for the 118th Annual Conference shows that $85,509 was given to replenish the Fund to Promote Church Extension during fiscal year 2000. It is very important that the churches fulfill the mutual commitment we made during the 117th Annual Conference (by a vote of 117-13) to once again give 1% of 1997 offerings to replenish the Fund to Promote Church Extension in 2001.
All funds are deposited in the First Union Bank. Accounts were audited by Charles Albert.
We recommend the 118th Annual Conference adopt the following:
Resolved, that the rate of mileage reimbursement for conference business be 24¢ per mile.
Resolved, that the Administrative Budget for January 1, 2001 to December 31, 2001 be adopted.
Resolved, that the Administrative Budget for January 1, 2002 to December 31, 2002 be approved for submission to the churches for their pledges.
Pledges for the 2002 Administrative Budget shall be received by the financial secretary by September 1, 2001.
Whereas, the Board of Directors reported in previous years that the funds to repay the amount taken from the FTPCE would not be realized from the sale of the PJC property and,
Whereas, the Board of Directors so informed the Annual Conference of this condition and the 117th Annual Conference remove the obligation of repaying the amount of $310,000 and rather, work toward providing monies to fund the work of the Board of Church Extension through contributions from the particular churches, and
Whereas, the accounting of funds of the Board of Directors should reflect the decision of the 117th Annual Conference, therefore be it
Resolved, that the report of the Board of Directors referencing the “Fund to Promote Church Extension Balance Sheet” be amended to include the line item “Note Pinebrook Junior College $0” and further,
Resolved, that all subsequent reports from the Board of Directors will delete this line entry.
See page 59 of the 2000 Yearbook.
Board of Directors: James A. Beil, President and Hospitalization Secretary; Carl C. Cassel, Vice President; David J. Watkins, Secretary; Horace A. Kauffman, Financial Secretary; Robert W. Gehret, Treasurer; Raymond R. Dotts, Randall A. Grossman, Charles A. Lavigna, L. James Roberts, Jr.