Petition 80539

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GBPHB Authorizations (80539-FA-¶1504.17)

Amend ¶1504.17 as  follows:
  
17. To receive any gift, devise, or bequest made or intended for beneficiaries of The United Methodist Church, being the legal successor to and vested with the legal title to any and all such gifts, devises, and bequests. If the language or terms of any gift, devise, or bequest are inexact or ambiguous, the general board shall dispose of or administer the same in the manner deemed most equitable according to the apparent intent of the donor as determined by the general board after careful inquiry into the circumstances in connection with the making of such gift, devise, or bequest, and after granting full opportunity to all interested parties to be heard, after due and timely written notice of the time and place of hearing. Such notice shall be mailed to each and all interested parties through their respectively known representatives, at their last known addresses.
To receive, hold, manage, administer, invest and reinvest, funds of and offer administrative services to other nonprofit organizations.

Rationale

Deletion of the original paragraph is proposed in conjunction with the General Council on Finance and Administration (GCFA) since it is duplicative of the responsibilities given to GCFA in ¶807.1.  The new paragraph is enabling legislation in response to requests from other church groups.