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Here - International Pentecostal Holiness Church

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Page 45 of 132<br />

Meeting of the IPHC<br />

General Finance Committee<br />

May 25, 2010<br />

Present: Tommy McGhee, Chairman; Roger Halvorson; David Stephens; Tim Lane;<br />

Jimmy Whitfield; Mike Dodson; Gary Crouch; Richard Goad; also present: Greg<br />

Hearn, CFO<br />

GFC reviewed report of church and clergy tithes.<br />

Motion: That the CFO review and discuss the Quarterly Budget Report by Division<br />

with the Executive Directors of each Division. Seconded. Passed.<br />

Discussion of request by EVUSA to grant severance to Rick Fountain.<br />

Motion: That the request for severance for Mr. Fountain be denied based<br />

on the present termination policy. Seconded. Passed.<br />

Discussion of request of Discipleship Ministries to re-grade the position for which<br />

Tracy Todd has been hired.<br />

Motion: That the GFC approve the request that Tracy Todd be hired at<br />

Grade 5, Step 1. Seconded. Passed.<br />

Discussion of request by People to People to hire a person to fill position vacated<br />

by Myra Watkins when she filled the position then held by Jana Delano, though<br />

this was not included in the approved 2010 budget.<br />

Motion: The GFC table the PtP request to hire another person until the CFO<br />

has met with the Executive Director of WMM and the Director of PtP to discuss<br />

the Quarterly Budget Report by Division. Seconded. Passed<br />

The GFC reviewed and edited the Planning and Budgetary Committee (henceforth<br />

to be General Finance Committee) Policies and Procedures Manual.<br />

COB Meeting July 19-20, 2010

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