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Philadelphia Yearly Meeting

Philadelphia Yearly Meeting

of the Religious Society of Friends

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Investments

  1. Does the meeting have processes in place to help it plan for its short- and long-term financial needs?
  2. Does the meeting regularly review and monitor its investment principles and performance?
  3. Does the meeting have sufficient expertise among its own members to effectively manage its investments? If not, or when it needs additional expertise, does it employ the services of an investment firm such as Friends Fiduciary Corporation?
  4. Are endowments and working capital invested in a fiscally and socially responsible way?
  5. Is the income from restricted gifts and endowments put to the uses specified by the donor?

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Faith & Practice

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Editions
First adopted in 1955, Faith & Practice was revised in 1972. After 25 years and numerous reprintings, it was revised in 1997, 2002 and again in 2017, with updates in the section on Yearly Meeting structures and a new section of biographical notes.

Ongoing Discernment
Philadelphia Yearly Meeting appoints a Faith and Practice Revision Group to periodically review and revise Faith and Practice.  We revise Faith and Practice from time to time in order to reflect continuing spiritual discernment, incorporate new governance structure and practices and generally bring the book “up to date.”

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Philadelphia Yearly Meeting
1515 Cherry St
Philadelphia, PA 19102
info@pym.org
215-241-7203
215-241-7045 (FAX)
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