Committee for Financial Affairs Meets November 2011

Thursday, February 02, 2012

The Assembly of Canonical Orthodox Bishops? Committee for Financial Affairs met in person on November 16, 2011 at St Sophia?s Orthodox Seminary in South Bound Brook, NJ, hosted by Archbishop Antony, Ukrainian Orthodox Church in the USA, and Chairman of the Committee. Bishop Matthias, Orthodox Church in America, the other hierarch member of the Committee, was unfortunately unable to attend. Consultants to the Committee who participated in the all-day meeting were Fr John Troy Mashburn, Fr Aaron Warwick, Geofrey Greenleaf, Eric Namee, and Protodeacon Peter Danilchick (facilitator).

The Committee established several subcommittees to better accomplish its objective to provide a firm and disciplined foundation for the financial operations of the Assembly. These included (1) fund-raising and development, (2) budgeting for Assembly activities, (3) best practices in financial operations, and (4) processes for receipt and investment of funds. His Eminence, Archbishop Antony, expressed his appreciation for the consultants? willingness to offer their talents in accounting, auditing, financial and business management, law, and fund-raising to the Assembly. The committee intends to conduct monthly teleconferences to coordinate its activities over the next several months.

Committee for Financial Affairs 2011 Meeting