The Board of Trustees of The South Georgia Annual Conference Invest with the Foundation
The Georgia United Methodist Foundation manages three investment funds on behalf of The Board of Trustees of The South Georgia Annual Conference, Inc.
South Georgia Annual Conference Chancellor Warren Plowden, Jr. is the longest serving chancellor in the United Methodist denomination. Ten years ago, he was elected to the Board of Trustees. As immediate past president and current ex-officio member, Warren provides insight into the Trustees role.
“The Board of Trustees holds titles to all real estate owned by the South Georgia Conference, manages investment funds that have been given to the Conference for various designated purposes, and gets involved in disposing of properties when a church is closed,” Warren said.
About five years ago, the Trustees solicited proposals from prospective investment management firms. “The committee concluded that safety, reliability and good rates of return were such that we wanted to place a portion of the monies that the Trustees were responsible for with the Foundation,” Warren said. “We receive good service and responsible advice.”
The fact that the Foundation invests in a socially responsible manner was another selling point. Warren also believes partnering with the Foundation strengthens the connection. “It’s important that we have a fully functional, operating foundation that assists the conference and local churches with investments and loans,” Warren said. “The monies the Trustees have invested in the Foundation’s Development Fund certificates get loaned for various projects to churches in Georgia.”
Since 1975, Warren has been a partner at the law firm of Jones, Cork & Miller LLP in Macon. He serves on the administrative board and council on ministries at Vineville UMC in Macon where he has been a long-time member. Warren helped create The United Methodist Church Conference Chancellors Association (UMC3) and served as its first president. During the 2012 General Conference, he was elected as a lay alternate to The United Methodist Church’s Judicial Council, the denomination’s highest judicial body.
This article was originally published in the Winter 2014 edition of Faith & Money.