Trustees

“Where permitted by civil law, each presbytery, synod, and the General Assembly shall cause a corporation to be formed and maintained and shall determine a method to constitute the board of trustees by its own rule. The corporation so formed, or individual trustees, shall have the following powers: to receive, hold, encumber, manage, and transfer property, real or personal, for and at the direction of the council.” New Form of Government, G-4.0101

Investment Advisory

The Investment Advisory Committee is charged with managing the Investments and Endowments of the Presbytery of Baltimore.  The Presbytery is blessed to have endowments that range in value between 8 and 10 million dollars, depending upon the economy and markets.  Working with Smith Barney. who is the custodian of these funds, we have asked a half dozen investment firms to manage our endowments.  They do so in keeping with the Faith Based Investing policies of the Presbyterian Church (USA), including its divestment list and our own Policy which is attached

Investment Policy