Financial Stewardship Committee
Andrew Anderson
Clerk
Email: andrewBanderson [at] hotmail [dot] com
Linell McCurry
Interim Associate Secretary for Business and Finance
Email: lmccurry [at] pym [dot] org
Phone: 215-241-7205
The Financial Stewardship Committee oversees the our Yearly Meeting's budget process. Financial Stewardship Committee is also responsible for monitoring income and expenditures during the budget year and making needed changes, as projects and services are picked up or laid down in accordance with the discernment of the Standing Committees.
It consists of at least five and no more than nine at-large members; one member and an alternate appointed by each of the five Standing Committees; and the PYM Treasurer, ex-officio. Nominating Committee is responsible for nominating the at-large members for three three-year terms with a maximum of nine consecutive years.
There are many great resources posted here for those interested in learning more about PYM's finances (click the Resources tab, below). There are copies of audit reports and proposals. Check back as we post additional resources such as recent Treasurer's reports, frequently asked questions, minutes from recent meetings, and more.
News & Announcements
Resources
PYM - Our Unique Purpose
This budget proposal seeks to answer the question "What is PYM's unique purpose?" and then strives to align resources around that unique purpose.
Released Friend
This proposal seeks to enliven the historical practice of releasing Friends to carry our their leadings. The model suggests reducing core staff to 10 to 15 professional postions. The staff would then be supplemented with Released Friends, which would be fixed-term positions of up to two years with the possibility of a single renewal.
Proposal - Run, Grow, Transform
This proposal looks at PYM operations in three categories: 1) Run – the programs and services required for daily operations, 2) Grow – the programs and services that support the community and our way of life, and 3) Transform – the programs and services that help us to transform the world.
Run - Goal: reduce these expenses year over year in order to apply resources to other areas.
- These expenses tend to be fixed and include financial management, administrative staff, real estate, rent, insurance, copiers, utilities, etc.
Proposal - A Flexible PYM
The highlights of this proposal are: 1) Create a flexible staffing plan, 2) Relocate PYM staff to regional areas, 3) Create a PYM Foundation, 4) Reduce space utilized at Friends Center, and 5) Increase Communications.
Create a Flexible Staffing Plan - Goal: reduce the overall number of full-time equivalent (FTE’s).
Proposal - 25/25/25/25
The highlights of this proposal are to reallocate our resources as follows: 1) Youth and Religious Education, 2) Meeting Services, 3) Witness and Outreach, and 4) Administrative, Property, and Fundraising This proposal also assumes a movement to mover variable costs over time for sustainability, and advocates for an annual rebalancing based upon available resources.
Reallocate Resources - Goal: to move from the current allocation of resources to a new allocation over a three-year period
Staff Proposal - by some staff of PYM
Some staff members developed a proposal that concentrates on building and strengthening our spiritual community by focusing on five areas: Gathering, Providing Resources, Communicating and Connecting, Working and Witnessing, and Infrastructure. This proposal also focused on the need for volunteer resources to supplement staff resources in accomplishing our shared goal of strengthening our spiritual community. In addition, suggestions are offered for 2015 and beyond.
PYM's Audited Financial Statement - FY2011
PYM's Audited Financial Statements for fiscal year 2011.
PYM's Audited Financial Statement - FY2010
PYM's Audited Financial Statements for fiscal year 2010.
Please contact Linell McCurry (215-241-7205 or lmccurry@pym.org) if you have any questions.
PYM's Audited Financial Statement - FY2009
PYM's Audited Financial Statements for fiscal year 2009.
Please contact Linell McCurry (215-241-7205 or lmccurry@pym.org) if you have any questions.