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Frequently Asked Questions (FAQs)<\/strong><\/p>\n 1. What is the difference between fiscal responsibility and fiduciary duty?<\/strong><\/p>\n Fiscal responsibility and fiduciary duty are distinct concepts, though they both relate to financial management. Fiscal responsibility focuses on the overall management of finances to ensure sustainability and prudent spending, while fiduciary duty<\/em><\/strong> specifically involves a legal and ethical obligation to act in the best interests of another party<\/u>, often with regard to their money or assets<\/em>.<\/p>\n 2. What are the 5 fiduciary duties?<\/span><\/strong><\/p>\n The five main fiduciary duties are: 1) loyalty<\/strong>, 2) care<\/strong>, 3) obedience<\/strong>, 4) confidentiality<\/strong>, and 5) disclosure<\/strong>. These duties require a fiduciary to act in the best interests of the beneficiary, with diligence, and to avoid conflicts of interest.<\/p>\n 3. What is the scope that will be impacted by implementing this sustainability policy?<\/strong><\/p>\n Decisions about environment, property management, investments, etc.<\/p>\n 4. Here are a few examples that involve sustainable choices by members serving in fiduciary roles:<\/span><\/strong><\/p>\n a) Has DioCal resourced the Episcopal Asset Map and Church Insurance to identify property sites that are anticipated to be physically under water due to climate change by 2050?<\/span><\/p>\n b) Can congregations work with Interfaith Power & Light provide energy audits to evaluate smart choices given the age and condition of church properties?<\/span><\/p>\n c) Our congregation leased the flat next door to the church offices for non-profit office use before the pandemic. Since 2021, we have been unable to rent this office space at the same rental rate and occupancy levels.\u00a0 \u00a0Would conversion to clergy housing be cost effective scenario?<\/span><\/p>\n <\/span><\/p>\n<\/div>\n \n<\/div>\n \n<\/div>\n <\/span><\/b><\/p>\n<\/div>\n \n<\/div>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=\u00bb1″ _builder_version=\u00bb4.27.2″ _module_preset=\u00bbdefault\u00bb custom_padding=\u00bb8px|||||\u00bb global_colors_info=\u00bb{}\u00bb][et_pb_row _builder_version=\u00bb4.27.2″ _module_preset=\u00bbdefault\u00bb global_colors_info=\u00bb{}\u00bb][et_pb_column type=\u00bb4_4″ _builder_version=\u00bb4.27.2″ _module_preset=\u00bbdefault\u00bb global_colors_info=\u00bb{}\u00bb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Resolution 5 Appendix: FAQs Frequently Asked Questions (FAQs) 1. What is the difference between fiscal responsibility and fiduciary duty? Fiscal responsibility and fiduciary duty are distinct concepts, though they both […]<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":4522,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[et_pb_section fb_built=\"1\" admin_label=\"Header\" _builder_version=\"4.27.2\" background_color=\"gcid-a52b7e46-dbb2-4f94-9c2d-946534ee4324\" custom_width_px__hover=\"1080px\" custom_width_px__hover_enabled=\"1080px\" custom_width_percent__hover=\"80%\" custom_width_percent__hover_enabled=\"80%\" global_colors_info=\"{%22gcid-a52b7e46-dbb2-4f94-9c2d-946534ee4324%22:%91%22background_color%22%93}\" make_fullwidth__hover=\"off\" make_fullwidth__hover_enabled=\"off\" use_custom_width__hover=\"off\" use_custom_width__hover_enabled=\"off\" width_unit__hover=\"on\" width_unit__hover_enabled=\"on\"][et_pb_row _builder_version=\"4.16\" use_custom_width=\"on\" custom_width_px=\"1280px\" custom_width_px__hover=\"1080px\" custom_width_px__hover_enabled=\"1080px\" custom_width_percent__hover=\"80%\" custom_width_percent__hover_enabled=\"80%\" global_colors_info=\"{}\" make_fullwidth__hover=\"off\" make_fullwidth__hover_enabled=\"off\" use_custom_width__hover=\"off\" use_custom_width__hover_enabled=\"off\" width_unit__hover=\"on\" width_unit__hover_enabled=\"on\"][et_pb_column type=\"4_4\" _builder_version=\"4.16\" global_colors_info=\"{}\" padding_tablet=\"30px||10px\" padding_last_edited=\"on|tablet\" padding_phone=\"30px||10px\"][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"default\" header_font=\"Vidaloka||||||||\" header_text_align=\"center\" header_text_color=\"gcid-4918a474-2d70-4ff9-88ec-ac783af91368\" header_font_size=\"60px\" header_line_height=\"1.15em\" global_colors_info=\"{%22gcid-4918a474-2d70-4ff9-88ec-ac783af91368%22:%91%22header_text_color%22%93}\"] Last Update: August 14, 2025<\/strong><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=\"4.16\" width=\"79.3%\" custom_margin=\"|auto|-25px|auto||\" custom_padding=\"||27px|||\" use_custom_width=\"on\" custom_width_px=\"1280px\" custom_width_px__hover=\"1080px\" custom_width_px__hover_enabled=\"1080px\" custom_width_percent__hover=\"80%\" custom_width_percent__hover_enabled=\"80%\" global_colors_info=\"{}\" use_custom_width__hover=\"off\" use_custom_width__hover_enabled=\"off\" width_unit__hover=\"on\" width_unit__hover_enabled=\"on\" make_fullwidth__hover=\"off\" make_fullwidth__hover_enabled=\"off\"][et_pb_column type=\"4_4\" _builder_version=\"4.16\" custom_padding=\"|||\" global_colors_info=\"{}\" custom_padding__hover=\"|||\"][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"7262e956-c376-4aa6-9642-c413f71527d0\" text_font_size=\"18px\" text_line_height=\"1.8em\" header_4_font_size=\"20px\" custom_padding=\"||1px|||\" text_font_size_tablet=\"\" text_font_size_phone=\"13px\" text_font_size_last_edited=\"on|phone\" header_font_size_tablet=\"55px\" header_font_size_last_edited=\"off|desktop\" global_colors_info=\"{}\"] The Committee on Resolutions is reviewing this resolution.\u00a0<\/span><\/i><\/p>[\/et_pb_text][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"7262e956-c376-4aa6-9642-c413f71527d0\" text_font_size=\"18px\" text_line_height=\"1.8em\" header_4_font_size=\"20px\" text_font_size_tablet=\"\" text_font_size_phone=\"13px\" text_font_size_last_edited=\"on|phone\" header_font_size_tablet=\"55px\" header_font_size_last_edited=\"off|desktop\" global_colors_info=\"{}\"] Resolved,<\/em> <\/strong>That the 176th Convention of the Diocese of California supports lawful civic programs and legislation, federal, state, and local, that enable the development of, and promote access to, safe, affordable, inclusive, and practicable housing for all God\u2019s children;<\/p>\n Resolved<\/em><\/strong>,<\/em> That this Convention supports congregations and congregants in the creation and publication of local-use content that clearly states the Episcopal Church\u2019s position supporting safe, affordable, inclusive, and practicable housing for all God\u2019s children;<\/p>\n Resolved<\/em><\/strong>,<\/em> That this Convention encourages the Diocese of California, and empowers its congregations, clergy, lay-led groups, and individual congregants, to take a visible public leadership role to support safe, affordable, inclusive, and practicable housing for all God\u2019s children, including taking practical steps of support in local civil initiatives, ministries, and other efforts; and<\/p>\n Resolved<\/em><\/strong>,<\/em> That this Convention supports theological discussions, formation classes, and other group discussion settings to foster understanding of the need for safe, affordable, inclusive, and practicable housing for all God\u2019s children.<\/p>[\/et_pb_text][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"7262e956-c376-4aa6-9642-c413f71527d0\" text_font_size=\"18px\" text_line_height=\"1.8em\" link_font=\"||||on|||#407EC9|\" link_text_color=\"#407EC9\" header_4_font_size=\"20px\" text_font_size_tablet=\"\" text_font_size_phone=\"13px\" text_font_size_last_edited=\"on|phone\" header_font_size_tablet=\"55px\" header_font_size_last_edited=\"off|desktop\" global_colors_info=\"{}\"] Theological basis<\/u> -<\/p>\n As Christians we are called to support the Gospel of Jesus Christ, which is based on love and care for all of God\u2019s children. Efforts to ensure practicable affordable housing affirm this commitment to promoting love, justice, peace, and the dignity of every human being, of every race, religion, <\/strong>ethnicity, orientation, economic status, or housing status.\u00a0 <\/span>This resolution seeks to fulfill our Strategic Vision as it relates to affordable housing by clearly stating the trust and support for those within our diocese who work toward that vision.\u00a0 <\/span>It proclaims, to those who answer the Gospel\u2019s call to love and serve in this ministry, we see you, we trust you, we support you.<\/p>\n Biblical Citations LINK<\/a>.<\/p>\n Why safe affordable housing is important<\/u> -<\/p>\n When housing costs are factored in, California has the highest percentage of people living in poverty of any state in the nation. Housing availability and housing costs are factors in a crisis within California that impacts both the housed and unhoused. Those who do not currently own a home find it nearly impossible to purchase a first home, thereby missing out on the potential to gain generational wealth, which in turn perpetuates this cycle. Many who are technically \u201choused\u201d live in the realm of extreme housing insecurity. They are unable to withstand a rent increase, an otherwise minor medical issue, or minor car trouble. The impact of these stressors falls heavily on young people and those with young children.<\/p>\n The lack of affordable housing disrupts many aspects of family and community throughout the Bay Area LINK<\/a>.<\/p>\n How this resolution seeks to advance the goal of safe affordable housing<\/u> -<\/p>\n The Diocese of California recognizes the need for clergy, lay-led groups, and individual congregants to work toward its goal of affordable housing. It recognizes that it is impractical for those working toward the goal of affordable housing to seek approval from the diocese for every action undertaken to that end. By this resolution the Diocese of California seeks to confer its support of those efforts to address the affordable housing crisis by means that promote love, justice, peace, and the dignity of every human being and that proclaim the Gospel\u2019s call to love and care for all of God\u2019s children.<\/p>\n The Diocese of California further understands that clergy, lay-led groups, and individual congregants working toward affordable housing may not personally reside in the city or jurisdiction in which they seek to act on behalf of affordable housing. The Diocese of California is resident in Alameda, Contra Costa, Marin, San Francico, and San Mateo counties and seeks to confer its authority to its clergy, lay-led groups, and individual congregants working toward affordable housing in those counties.<\/span><\/p>\n This resolution supports the Policies for Action of the Episcopal Church regarding Housing.\u00a0 <\/span>See the Policy for Action link<\/a> listing those resolutions and link<\/a> for full text of Housing resolutions.<\/p>[\/et_pb_text][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"7262e956-c376-4aa6-9642-c413f71527d0\" text_font_size=\"18px\" text_line_height=\"1.8em\" header_4_font_size=\"20px\" text_font_size_tablet=\"\" text_font_size_phone=\"13px\" text_font_size_last_edited=\"on|phone\" header_font_size_tablet=\"55px\" header_font_size_last_edited=\"off|desktop\" global_colors_info=\"{}\"] None for the 2027 budget.<\/p>[\/et_pb_text][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"default\" text_font_size=\"18px\" text_line_height=\"1.8em\" link_font=\"||||on|||#407EC9|\" link_text_color=\"#407EC9\" header_4_font_size=\"20px\" custom_margin=\"||11px|||\" text_font_size_tablet=\"18px\" text_font_size_phone=\"13px\" text_font_size_last_edited=\"on|phone\" global_colors_info=\"{}\"]Resolution 3:
Affordable Housing<\/strong><\/h1>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=\"1\" admin_label=\"Content\" module_id=\"content\" _builder_version=\"4.27.2\" min_height=\"1722px\" custom_margin=\"||0px||false|false\" custom_padding=\"||0px||false|false\" custom_width_px__hover=\"1080px\" custom_width_px__hover_enabled=\"1080px\" custom_width_percent__hover=\"80%\" custom_width_percent__hover_enabled=\"80%\" global_colors_info=\"{}\" make_fullwidth__hover=\"off\" make_fullwidth__hover_enabled=\"off\" use_custom_width__hover=\"off\" use_custom_width__hover_enabled=\"off\" width_unit__hover=\"on\" width_unit__hover_enabled=\"on\"][et_pb_row _builder_version=\"4.17.6\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_column type=\"4_4\" _builder_version=\"4.17.6\" _module_preset=\"default\" global_colors_info=\"{}\"][et_pb_text _builder_version=\"4.27.2\" _module_preset=\"default\" text_font_size=\"18px\" text_line_height=\"1.8em\" header_4_font_size=\"20px\" custom_padding=\"||1px|||\" text_font_size_tablet=\"18px\" text_font_size_phone=\"13px\" text_font_size_last_edited=\"on|phone\" global_colors_info=\"{}\"]Status<\/strong><\/em><\/h4>\n
Resolution Text:<\/strong><\/em><\/h4>\n
Explanation:<\/em><\/strong><\/h4>\n
Fiscal Impact<\/span><\/i><\/b>:<\/em><\/strong><\/h4>\n
Submitted by:<\/em><\/strong><\/h4>\n