b'minutesAnnual Parish Meeting resulting in a modest operating deficit for the year. One hundred seventy-seven pledges totaling February 21, 2022approximately $747,000 have been received for 2022, via Zoom Conference Call allowing the Finance Committee to use a pledge income figure of $720,000 for 2022 budgeting Welcome and Call to Order purposes (an increase of approximately $100,000 over 2021 pledge receipts).At 11:54 a.m., The Rev. Duane Nettles called the meeting to order.Endowment Fund ReportOpening Prayer Nelson Lankford, President of the Trustees of the Endowment Fund, gave a report supplementing Meeting attendees recited the prayer for our parishhis summary in the 2021 Annual Report. As family to open the meeting. of December 31 st , 2021, the total funds under Appointment of Meeting Register management were almost $17,500,000, of which Glenn Moore was appointed register for thealmost $12,500,000 is unrestricted as to use. A Annual Meeting. primary objective of the trustees is to preserve and grow capital for future major projects or to address Determination of Quorum andunforeseen needs. Secondly, income from the funds is Adoption of Agenda used annually to support Parish programs. In 2022, at Mr. Moore reported that a quorum of requiredleast $420,000 will be devoted to Parish programs and attendees was participating in the meeting. Upon$20,000 or more for scholarships.motion duly made and seconded, a meeting agendaSenior Wardens Remarkswas approved. Barbara Derry, Senior Warden, commented on the Vestry Nominating Committee Report Churchs good fortune to have The Rev. Duane Todd Pawson, nominating committee chairperson,Nettles in our midst as the Churchs new Rector, reported on the names of the seven qualifiedbeginning in January, 2021. Duane led the Vestry in candidates selected by Vestry Nominating Committeedefining the Churchs foundation and recognizing to run as candidates for the Vestry Class of 2025.the pillars that stem from the foundation: Worship, The candidates, all of whom indicated a willingnessEducation, Parish Life, and Outreach. Barbara noted to serve on the Vestry, were Mary Ann Blankenship,that Red Door continues to provide needed services Susan B. Hankins, Mary Ryan Molly Howle, Jeanfor area homeless people under the leadership of DeShazo Jumet, Meredith McGuire, Dan McNamaraMolly Howle. She thanked the Vestry and Jodie Pully, and Fielding Williams. There were no nominationsJunior Warden, for their service in 2021. Barbara from the floor, and the nominations were closed.also thanked the congregation for their support in Upon motion duly made and seconded, meetingresponding to the challenge to increase financial attendees agreed to elect Vestry members of the Classsupport in 2022, to give the Church an opportunity of 2025 by plurality. to begin to fulfill the visions for the future of the Finance Committee Report Church through pursuit of ministry priorities.Mike Joyce, Chairperson of the Churchs FinanceRectors RemarksCommittee, gave a report on the state of the ChurchsThe Rev. Duane Nettles commented on his finances to supplement the formal report includedexperience during his first year as our Rector. He in the Churchs 2021 Annual Report. 2021 receiptsnoted that Barbara Derrys support as Senior Warden exceed budgeted receipts by more than $38,000,was very helpful. The quiet first three months, when 6 | ANNUAL REPORT 2022'