Executive Council Summary of Action
Diocesan Press Service. September 28, 1972 [72142]
N-O-T M-I-N-U-T-E-S
EXECUTIVE COUNCIL
SUMMARY OF ACTION
September 26-28, 1972
I. GHETTO LOAN AND INVESTMENT COMMITTEE
A. Heard a report from GLIC, highlighting new resources which can multiply and guarantee investments of church groups and directed that the report go to all dioceses.
II. SOCIAL RESPONSIBILITY IN INVESTMENTS
A. Received a full report of the Committee's activities in the last year.
B. Commended Gulf Oil for full disclosure of its interests in Cabinda and its policy of not investing in any country where laws prohibit equal opportunity work conditions.
C. Authorized filing of disclosure resolutions with companies doing business in South Africa specifically naming the following:
1. General Electric
2. IBM
3. Standard Oil of New Jersey
4. Caterpillar
5. MMM
6. Kodak
7. Gillette
D. Authorized filing of stockholder resolutions with Phillips Petroleum to amend the charter to cease operations in Namibia.
E. Authorized filing of stockholder resolutions with General Motors requiring establishment of a South Africa Review Committee and forbidding taking ad- vantage of laws which permit exploitation of labor, requiring instead equal opportunity.
F. Authorized filing of stockholder resolutions with American Metal Climax regarding proposed mining in Puerto Rico.
G. Authorized litigation in cases where the SEC does not require inclusion of any stockholder resolution in a proxy statement and noted that this is unlikely since almost all resolutions already have the promise of approval.
H. Approved the following program recommendations for 1972-73:
1. Continued participation in the InterFaith Committee on Social Responsibility in Investments.
2. Support for research on social responsibility of corporations.
3. Sponsor educational programs within the Church on social responsibility in investments, and on specific issue areas. Join with others in general educational programs aimed at institutional investors.
4. Continued development of Guidelines for Developing Social Criteria for Areas of Special Concern.
5. Support for development of new models for investment.
6. Develop avenues for disseminating public interest proxy information.
7. Support for efforts to broaden the disclosure and reform the proxy requirements of the Securities and Exchange Commission.
8. Continue activities related to ecological concerns.
9. Support the Diocese of Puerto Rico regarding pro- posed copper mining in Puerto Rico.
10. Continue activities related to Southern Africa including withdrawal, disclosure, and positive employment practices.
11. Continue to explore, examine and assist, and/or cooperate with others, especially local groups, in examining the record of corporate practices as they affect minority group persons, military contracting, consumer protection, and ecology.
III. LAY MINISTRIES
A. Advised the Executive Vice President to fill staff positions for lay ministries and education with a team ministry, including at least one lay person and to consult with the chairmen of the Program Groups on Education and Lay Ministries in so doing.
B. Approved a grant of $5,000 from Windham House Specials to the Boston Theological Institute to assist in establishing a Laity Information Centre.
IV. YOUNG GENERATION
A. Heard a report which noted:
1. Intent to prepare a film on the work of the GCYP.
2. That all regional committees of the GCYP now consult with bishops on grants.
V. EMPOWERMENT
A. Requested the Management Team, in consultation with the Union of Black Episcopalians, to study the advisability of a staff person to be concerned with extension of the Church in Black communities.
B. Requested distribution of a paper by Bishop Ramos to all bishops prior to the October meeting of the House of Bishops.
C. Referred to the Program Group on Empowerment a resolution calling for an audit of racial practices of the Episcopal Church.
VI. EDUCATION
A. Approved a terminal grant of $10,000 to the National Association of Episcopal Schools for the period August, 1972 - August, 1973.
B. Appropriated $7,500 to pay the Episcopal Church's share of invitational conferences on community education with Sr. Paulo Freire.
VII. OVERSEAS JURISDICTIONS
A. Approved the following companion diocese relationships:
1. Florida with Trinidad and Tobago
2. Indianapolis and Haiti.
B. Approved a study of options for Cuttington College, to be submitted in May, 1973 and authorized a budget of $10,000 for said study.
VIII. PUBLIC ISSUES AND ACTION
A. Requested appointment of a committee to develop plans by which the Executive Council may assist dioceses and members of the Church to observe the Bi-Centennial of the Nation and appropriated $20,000 for this purpose.
B. Appropriated $15,000 toward publication of a special issue of the Anglican Theological Review on an Anglican contribution to creative recovery of the American Tradition.
IX. SCREENING AND REVIEW COMMITTEE
A. Received a report which:
1. Listed certain grants.
2. Noted election of Archdeacon Mayson to represent the Union of Black Episcopalians on the Committee.
3. Noted that a grant to the Self-Help Project has been stopped because harassment has made it impossible to continue.
X. FINANCE
A. Approved a loan of $100,000 to the Treasurer of the General Convention for costs of the Sixty- Fourth General Convention.
B. Adopted a 1973 Faith Offering of $3,887,824.
C. Appropriated $130,000 to defray various expenses of the Executive Council at General C6nvention.
D. Adjusted pensions of certain retired employees of the Society and of lay missionaries.
E. Set aside $262,000 to pay possible real estate taxes claimed by New York City and directed pro- vision for this in future budgets.
F. Approved establishing an account in Citizens Fidelity Bank and Trust Company in Louisville, Kentucky in connection with General Convention.
G. Appropriated undesignated 1972 Faith Offering as follows:
Zululand $ 12,000
Okinawa (Sisters' Center) $7,150
Hispanic Grants $35,000
NCIW Grants $18,000
GCYP $17,850
GCSP $80,000
Total: $170,000
H. Proposed additions to a tentative 1973 budget of the following:
Additional support to Coalition 14 $154,853 Hispanic Commission 50,000 Social Responsibility in Investments 15,000 Adjustment of Staff Salaries 50,000
I. The Treasurer reported, noting a good prognosis for 1972 finances.
J. Established a new trust fund in memory of Elizabeth Smith Deavenport.
K. Designated income of the Helen M. Ballard Trust Fund to the Diocese of Western North Carolina for continuing education of clergy.
XI. PREPARATION OF A PROGRAM AND BUDGET FOR 1974
A. Elected a committee to summarize and evaluate data from diocesan visits.
B. Assigned to the Development and Finance Committees the responsibility of the form of such program and budget.
XII. JOINT STRATEGY AND ACTION COMMITTEE
A. Designated new board members as follows:
The Very Rev. Dillard Robinson The Rev. John F. Stevens
XIII. ECUMENICAL
A. Nominated persons to the Governing Board of the National Council of Churches as follows:
The Rt. Rev. John E. Hines
The Rt. Rev. Roger Blanchard
The Rt. Rev. William E. Sanders
The Rt. Rev. John H. Burt
The Rev. Paul Washington
The Rev. Canon Gerald N. McAllister
The Very Rev. Harry W. Vere
Mr. Ronald E. Taylor
Mrs. G. C. Hazard
Dr. Peter Day
Mrs. Howard Bateman
Mr. Clarence A. Jones
Miss Gretchen Zimmerman
Miss Ervene Twin
B. Directed that portions of the Message from the Chair dealing with Ecumenicity be disseminated as widely as possible.
C. Heard a report on the recent meeting of the Central Committee of the World Council of Churches.
XIV. STRUCTURE
A. Approved a new article of the By-Laws providing for indemnification of members.
B. Received, and referred to the Management Team for comment, a report of the Standing Commission on the Structure of the Church.
XV. WORLD RELIEF AND INTERCHURCH AID
A. Received the report of the Committee.
B. Approved resolutions in support of resettlement of Asians from Uganda.
XVI. SIXTY-FIFTH GENERAL CONVENTION
A. Concurred in a recommendation of the Agenda and Arrangements Committee that the Sixty-Fifth General Convention be held in Minneapolis, Minnesota.
XVII. REPORTS
A. Heard that the 1972 United Thank Offering was up about $15,000, to $1,303,000.
B. Heard a report from the Program Group on Relations to Jurisdictions, Overseas, regarding policy and practices in relation to overseas work.
C. Heard a report on the United Nations Conference on Ecology and a statement on "Eco-Justice."
XVIII. PERSONNEL
A. Confirmed appointment of Mrs. David R. Hunter as Deputy for Jurisdictions.
B. Heard report of the appointment of:
1. Mr. William Clay as Associate Secretary for Training, the General Convention Special Program, effective May 15, 1972.
2. Miss Maria Cueto as Assistant to the Hispanic Officer, effective August 15, 1972.
C. Heard report of:
1. The retirement of Miss Frances Young, effective December 31, 1972.
2. The resignation of Mr. Kent FitzGerald, effective October 20, 1972.
XIX. COURTESY
A. Sent greetings and assurance of concern to Dr. Morehouse, who has been ill.
B. Expressed gratitude to:
1. Dean Higgins, who is retiring from the Executive Council.
2. Miss Young
3. Mr. FitzGerald
C. Sent birthday greetings to Dr. Coburn.