14. Finance

The Yearly Meeting funds

14.14

The Quaker Finance & Property Central Committee is charged with the stewardship of the Yearly Meeting Funds under the direction of Britain Yearly Meeting Trustees. Bank accounts are kept in the name of Britain Yearly Meeting and cheques are signed by the Recording Clerk or the Finance & Property Secretary or any other person duly authorised by the Quaker Finance & Property Central Committee. Funds which cannot be expended immediately are invested at the discretion of the Quaker Finance & Property Central Committee in accordance with legal constraints and the generally acknowledged ethical testimonies of Friends. Stewardship of the resources of the yearly meeting includes oversight of investments, property and all other assets, and financial resource planning.


Next: 14.15

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