The officers of the World Communion of Reformed Churches (WCRC), meeting in Geneva, have reviewed the organisation's financial situation in light of the drop of the value of contributions in Euros and American dollars against the Swiss franc.
Initiatives to seek additional support to cover the shortfall of income against expenses and to reduce spending were endorsed, the WCRC said. According to the WCRC's 2010 financial statement, published on its website, revenues for the Geneva-based group declined to 1.388 million Swiss francs (US$1.508 million) in 2010 from 1.601 million Swiss francs in 2009.
The church's officers include the president, vice-presidents representing WCRC regions, general treasurer and the general secretary.
WCRC's programme for 2012 will build on key elements from the organisation's strategic plan, the church communion said. These include working closely with WCRC regional councils to better serve the Communion's 230 member churches and ensuring close interaction between WCRC's programs for theology and justice.
Douwe Visser, head of WCRC's Office for Theology, Mission and Communion, told the officers that the wide-ranging theology programme for 2012 includes a second round of dialogue between theologians from the Roman Catholic Church and the Reformed Church tradition, as well as an intensive three-week seminar for theology students in Yogyakarta, Indonesia from 8 June to 1 July. Fifty international students will be selected to participate in the Global Institute of Theology with its focus on faith and practice in an interfaith context, the WCRC said.
General Secretary Setri Nyomi reported that plans are moving ahead for a conference in 2012 focused on the world's financial system. The initial planning meeting will be held in Geneva from 11 to 16 December.
The WCRC was created in 2010 through a merger of the World Alliance of Reformed Churches and the Reformed Ecumenical Council. Its member churches represent 80 million Christians.
[With acknowledgements to ENInews. ENInews, formerly Ecumenical News International, is jointly sponsored by the World Council of Churches, the Lutheran World Federation, the World Communion of Reformed Churches and the Conference of European Churches.]