2019 Annual Report - Presbyterian Church (U.S.A.), A Corporation
We are excited to tell you about the work of the Presbyterian Church (U.S.A.), A Corporation (often called “A Corp”). A Corp. was formed in 1799 and has always been the principal corporate entity for carrying out the secular legal roles, such as owning property and handling current assets, needed by the General Assembly to accomplish the great ends of the church.
Until recently the directors of A Corp. were the same as the directors of the Presbyterian Mission Agency. In 2018, however, the 223rd General Assembly returned the A Corp. board to a smaller and more diverse membership, including directors drawn from almost all the agencies of the church. We have had a busy two years since then, creating governance structures, hiring key staff, and launching new programs such as Global Language Resources.
As one of our board members, Julie Cox, has noted, doing the work of A Corp. while also living into a new structure is like “building the airplane while you are flying it”. Our great management and ASG staff, and deeply committed board members, are helping make it a good flight. We have done it not only within, but below budget. We have done it with a spirit of cooperation from our client partners that feels like a church growing together, not apart. As Co-Chairs of the A Corp. board, we are honored to be included in this. We hope you will help A Corp. as we continue the transformative work necessary for the long-term growth of our denomination and its missions.