management of funds
Yearly Meeting has several special funds. In addition to those
described below, there are special funds managed by specific
committees. The East-West Relations and Unity with Nature
Committees each manage funds designed for special purposes
associated with their committees. Their funds derive primarily from
designated contributions or from subscriptions to publications.
for concerns: The Ministry and Oversight Committee
administers the Fund for Concerns. Its purpose is to assist members
and attenders of Monthly Meetings to follow individual leadings
arising from peace, social order, or spiritual concerns. It is not
intended to underwrite organization or committee projects.
may apply for funds through their Monthly Meeting, which in turn
applies to the Ministry and Oversight Committee on
their behalf. <See Concerns and Leadings
p. 44>. Earmarked
contributions from Meetings form the primary source of this fund.
sharing fund is administered by the Ministry and
Oversight Committee. It is available to assist members and
attenders who have unusual needs of a personal nature. Individual
requests go first to the Monthly Meeting. When approved by the
Monthly Meeting, they go to the Pacific Yearly Meeting Ministry
and Oversight Clerk. The primary source of this Fund is earmarked
contributions from Monthly Meetings.
pacific yearly meeting attendance assistance fund is administered
by the Ministry and Oversight Committee. Its
purpose is to provide financial assistance to individuals and families
who might otherwise be deterred from attending the annual Yearly
Meeting session. Guidelines for application are available from the
Ministry and Oversight Clerk. Contributions to this fund are
solicited from attenders of the Yearly Meeting during the
registration process. Meetings and individuals are invited to
contribute to the fund.
howard and anna brinton memorial visitor fund is a joint project
of Pacific, Intermountain, and North Pacific Yearly
Meetings. The fund is used to pay the expenses of the Brinton
Visitor and is administered by the Pacific Yearly Meeting Ministry
and Oversight Committee through its Brinton Visitor
Subcommittee. The fund is replenished by contributions from
Meetings and individuals.
peace tax fund is administered by the Yearly Meeting Treasurer. Persons
who withhold a portion of their federal income
taxes for reasons of conscience may deposit the withheld money in
the fund and withdraw it to pay what is due to the Internal Revenue
Service when necessary.
student conscience fund is administered by a committee composed of
the clerks of the Peace and Social Order and Finance
Committees, and a designated member of the Ministry and
Oversight Committee. Its purpose is to provide financial assistance
to students who were denied federal or state grants because they
refused to register for Selective Service. Guidelines, available from
the Clerk of Ministry and Oversight Committee, include a plan for
repayment of the funds. This fund, which was derived from
contributions, is designed to revert to the Fund for Concerns if it
no longer needed as a consequence of changes in the federal laws.