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Board
of Directors / 1977
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Operating Principles |
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God is first in our lives that we will use godly judgment in all our transactions.
Respect for the individual - our basic belief is respect for the individual, for
each person’s rights and dignity. |
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Excellence must be a way of life - the EDF must be known for its excellence in
performance. Therefore, we believe that every task, in every part of our responsibility
in managing the fund should be performed in a superior manner and to the best of our
abilities. |
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Managers of the fund must lead effectively - our success depends on intelligent and
aggressive management, which is sensitive to the needs of the church and every
developer in the church. |
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Obligations to the developers - the EDF board members have obligations to the developers
whose capital we are responsible for managing.
These require us to: |
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Take
care of the property our developers have entrusted to
us. |
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Provide
an attractive return on invested capital. |
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Exploit
opportunities for continuing profitable growth. |
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| Objectives |
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To grow the EDF fund year over year |
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exhibit preeminent leadership across the entire fifth district
- To excel in value to the church and individual developer. |
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be the most efficient in everything we do, To be accountable
in administering the fund. |
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sustain enthusiasm that promotes growth. |
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| Planning |
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Planning is an anticipatory decision-making process. Planning is required when the
future state that we desire involves a set of interdependent decisions, a system of
decisions.
Planning is a process that is directed toward producing one or more future states which
are desired and which are not expected to occur unless something is done. Plans can and
should be to the fullest possible extent objective, factual, logical, and realistic in
establishing objectives and devising means to attain them. This document attempts to
provide the economic development fund board and the fifth Episcopal district a guide to
a successful future. These strategies, tactics, and actions will not only boost the
economic strength of the EDF, but the entire fifth districts' financial strength.
Churches in the fifth district will gain leverage through funds placed in the EDF as new
fund raising ventures are pursued. Real growth is possible as we increase our capability
to attract other business ventures. The current sources of funding will need bolstering
in order for the fund to increase to a level that allows real growth. One key is to
involve all church members in the EDF fund as lifetime developers and watch the power of
teamwork and god's wisdom take us to new levels of economic success. |
