Unitarian Universalist Church of Palo Alto

Managing Our Money

As stated in the Church Bylaws, general responsibility for all church funds and property ultimately resides in the Board of Trustees.

The Treasurer has certain specific responsibilities:

• Receive, keep and disburse all monies and securities
• Keep an account of the finances
• Present a written monthly financial report to the Board
• Prepare an annual statement for the congregation

The Vice-President-Finance is responsible for the operation and functioning of committees responsible for the following activities:

• Finance
• Canvass
• Capital fund drive
• Planned giving
• Investments

The Finance Committee and the Investment Committee assist the Vice President-Finance in carrying out these responsibilities.

Our money is segregated into different funds for different needs.  Some are liquid funds and some are restricted in various ways.