Chairman’s Preliminary Report to the Synod Executive Committee of July 2002
BY
GANYANI
M. KHOSA
The fund was established in 1987.
Several people contributed to the fund and their names and contributions remain
written in the Fund Register available at Head Office. It was expected, at the
time, that the interest from the fund would be used for outreach programs,
Malihambe. However, enthusiasm faded as the years passed by and the fund went
into hibernation.
In the year 2002, the fund
was put on Priority four (4) of the UCCZ priorities as the UCCZ recognized that
“income and Resources Development must take a center stage if the UCCZ is
to achieve anything in the many programs that are being proposed.” In
view of this recognition and with God’s guidance, the Synod Executive of 27
April 2002 decided to resuscitated the fund through a Sub Committee comprising
the following members: -
|
|
NAME |
POSTS |
Phones |
|
Eastern |
Mr N Mundeta |
National Secretary & Eastern Conference Chairman. |
027-2664 011 750478 |
|
|
To Co-opt two more members |
|
|
|
Western |
Mr Phillip Pfukwa |
National Treasurer & Western Conference Chairman. Click |
011-612402 055-68205 055-62444 |
|
Sr. Florence Dhliwayo |
Western Conference Member |
|
|
|
Sr. Senzeni Mhlanga |
National Committee Member and Western Conference Member |
054-28353 054-27840 |
|
|
Northern |
Mr Ganyani Khosa |
National Chairman and Northern Conference Chairman. Click |
011 808 414 486240 |
|
Mr. T.T.J. Manyanga |
Northern Conference Member |
|
|
|
Mrs. P. Mashengele |
Northern Conference Member |
|
Recommendation 1: That the above members (and those to be co-opted
from the Eastern Conference) be recognized as the Endowment Trust Fund Subcommittee.
Recommendation 2: That the Committee meets at least three times a
year with Conferences sending two representatives, the Conference Chairperson
and one Member.
This Sub
Committee is to “Raise an Endowment Fund of Z$100 000 000.00 in 5 years”.
Recommendation 3: That Each member
contributes not less than $500.00 to the fund by the end of the year 2002.
Recommendation 4: That each Member,
with effect from 1 January 2003, contribute $1000.00 per year for the next 5
years at which time he/she shall be given the Endowment Fund Certificate.
PS. Members may
contribute their $5,000.00 in January 2003 or earlier and be given the
certificate.
In line with the priorities
of the UCCZ, interest and proceeds from the fund shall be used as follows:-
|
Mission & Evangelism |
50% |
Our Raison D’etre |
|
Fighting Poverty |
20% |
Maintaining Dignity and Integrity of people |
|
Health |
15% |
Maintaining the Health of the nation |
|
Education |
15% |
Increasing the wisdom of the nation |
TOTAL
|
100% |
|
Mission and Evangelism includes Instruments and Tents for Outreaches
and Crusades, Patronage for Ministers for a period to be decided, Loans for
Church Buildings.
Fighting Poverty encompasses the provision of assistance in times of
disasters, Assisting with Poverty alleviation projects and the likes.
Health includes the building of Clinics and provision of medical supplies to
our Clinics and Hospitals.
Education includes the resuscitation of UCCZ Scholarships,
assisting in the construction of school buildings, etc.
Recommendation 5: That this fund be exempted from Administration
Charges.
Recommendation 6: That Re-Capitalization of the fund be treated as a
separate project such as calling for reduced contributions after five years.
Recommendation 7: That the funds be kept in a separate account
inaccessible for routine and day-to-day operations and be separately accounted
for.
Recommendation 8: That contributions be made through Church Treasury
through the introduction of an Endowment Fund column in the Analysis.
Recommendation 9: That in line
with the Synod Constitution, this Committee shall serve a term of two years up
to a maximum of two terms with effect from March 2002.
During the first two-year
term, the committee has set itself to reach out to all members through their
respective Churches and educate them about Fund. The following
objectives have been identified:-
5.1. To understand the
Fund in and out and be able to communicate the same to other members.
5.2. To reach out to
all members and educate them about the fund and encourage them to contribute
the $500.00 and then $1000.00 per year for five years as agreed.
5.3. To ensure that
the funds already contributed are accounted for and a database of contributors
is created, publicized and maintained.
5.4. To recommend long
term and short term Investment Policies and Programs to the Executive for
implementation.
5.5. To raise a figure
to be determined.
PS The Committee has met on 22 June 2002, 13 July 2002