Governance and Award Selection Appendix
The Board of Trustees governs the endowment and administers the award selections and announcements. Below are guidelines for the Board to follow as it administers the endowment. These guidelines can be modified by the Board to better govern the Endowment.
A.Members of the Board of Trustees have administrative responsibilities for the income derived from the endowment. The Board can modify the use of the fund as long as the new use is consistent with
B. Trustees serve 3-year terms. They can be elected by the Board to serve an additional term.
Trustees are required to go off the Board for 1 year before they can be reelected. A Trustee is
not required to be a member of the church.
C. Trustees elect a President and Vice President to serve for 3-year terms, not to exceed 2 terms
in a particular office.
D. Marv Dickerson, Leighton McGill, Charles Stone, Tracy Martin and Elizabeth Morris serve as
interim Trustees. Garrett Hubbard is the interim youth adviser. The first of May 2017, they
will elect 2 Board members to serve 3 years, 2 for 2 years and 1 for one year.
E. A youth church member is appointed to serve 2 years as an advisor to the Board.
F. Clemmons Presbyterian Church provides secretarial and accounting support to the
Endowment and Presbyterian Foundation.
A.Members of the Board of Trustees have administrative responsibilities for the income derived from the endowment. The Board can modify the use of the fund as long as the new use is consistent with
B. Trustees serve 3-year terms. They can be elected by the Board to serve an additional term.
Trustees are required to go off the Board for 1 year before they can be reelected. A Trustee is
not required to be a member of the church.
C. Trustees elect a President and Vice President to serve for 3-year terms, not to exceed 2 terms
in a particular office.
D. Marv Dickerson, Leighton McGill, Charles Stone, Tracy Martin and Elizabeth Morris serve as
interim Trustees. Garrett Hubbard is the interim youth adviser. The first of May 2017, they
will elect 2 Board members to serve 3 years, 2 for 2 years and 1 for one year.
E. A youth church member is appointed to serve 2 years as an advisor to the Board.
F. Clemmons Presbyterian Church provides secretarial and accounting support to the
Endowment and Presbyterian Foundation.
