FACT Report

Background

In response to the financial challenges surfaced by the Great Recession and global market collapse of 2008, the Council of Bishops’ Pension Task Force requested that the General Board of Pension and Health Benefits and the General Council on Finance and Administration partner in providing conferences with a Financial Advisory Consulting Team—known as FACT. Under the leadership of Bishop Bruce Blake, FACT worked with the Pacific Northwest Annual Conference beginning in December 2014.

FACT-logoFrom a list of the PNW members provided by Bishop Grant Hagiya, Conference Treasurer Brant Henshaw, and Director of Connectional Ministries Rev. David Valera, FACT conducted 37 phone interviews during February and March.

On April 10, 2015, they conducted the first face-to-face FACT meeting at the PNW Conference Center. To provide denominational background and context, this meeting included a viewing of the GBPHB/GCFA 2011 Financial Leadership Forum’s video “UMC Realities”.

During the meeting, Bishop Hagiya and members of the PNW Conference identified five critical “dilemmas” based on the plenary’s consolidation of dilemmas resulting from the work of the meeting’s four breakout groups. For the purpose of this analysis, “dilemma” is defined as something that, if not addressed, would adversely impact the conference’s effectiveness toward the Church’s mission to make disciples of Jesus Christ for the transformation of the world.

The following FACT Report outlines the dilemmas identified by the FACT Team and final revised version of recommendations that were made during a second meeting which took place on October 6th, 2015. Leaders from the PNW continue to be in discussion with the FACT Team as they work to address the recommendations raised by the reports.

Click here to view the report in its entirety.

Questions can be directed to Rev. David Valera, PNW Director of Connectional Ministries.

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