Board of Trustees Policy and Procedures
Abandoned Property
The Board of Trustees shall receive and dispose of all abandoned church real and personal property at Board of
Trustees discretion. After expenses, proceeds from the disposition of abandoned property shall be divided 50%
with the district in which the abandoned property was located and 50% with the Conference Board of Trustees.
The local District Superintendent shall notify the Chairperson of the Board of Trustees of the possible abandoned
property. The Trustees shall seek to insure any abandoned property once it is brought to the attention of the
Chairperson of the Board of Trustees.
Conference Property
The Board of Trustees shall oversee all real and personal property owned by the Annual Conference except for
property owned by the Missouri United Methodist Camping and Retreat Ministries; Missouri Annual Conference
of The United Methodist Church; The Board of Pensions of the Missouri Annual Conference of The United
Methodist Church; or any other incorporated boards of affiliated entities with the Board of Trustees of The United
Methodist Church. The Board of Trustees shall submit a budget to the Finance and Administration Team for
all expenses incurred in owning and maintaining conference properties for which the Conference Trustees have
responsibility.
Liability Insurance
The Board of Trustees shall provide for liability insurances for the Annual Conference including Property &
Inland Marine; Crime; General Liability; Directors & Officers, Employment Practices Liability; Employee Benefit
Liability; Commercial Automobile; Umbrella Excess Liability and Workers’ Compensation for all employees on the
conference payroll.
The Board of Trustees recommends, as approved by the 2006 Annual Conference, that all churches in the Missouri
Conference participate in the United Methodist Property and Casualty Trust (UM PACT) insurance. UM PACT
provides comprehensive insurance with minimum insurance coverages all churches should carry. For a list of
those coverages please contact the UM PACT Office at the Missouri Conference Office or the UM PACT Service
Center (877-862-7228).
Legal Fee Reserve
The Board of Trustees requests the Annual Conference include in the Trustees’ budget a Legal Fee Reserve of
$10,000 per year with the intention of building and maintaining a Legal Fee Reserve in the amount of $100,000.
Donations and Bequests
In accordance with ¶ 2512.3a of the 2004 Book of Disciple, the Conference Trustees shall receive, collect and
hold in trust for the benefit of the annual conference any and all donations, bequests and devises of any kind
or character, real or personal, that may be given, devised, bequeathed, or conveyed to the Annual Conference.
Further, all long term investments shall be made with the Missouri United Methodist Foundation unless otherwise
stipulated by the donor.
D-18 2009 Missouri Annual Conference
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