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3350 East Paris Ave. SE
Grand Rapids, MI 49512
p. 877.274.8796
f. 616.301.2149
Bylaws
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- Officers
The officers of the Board of Trustees of the Canadian Christian School Pension Plan (the "Plan") and the Canadian Christian School Pension Trust Fund (the "Trust Fund") shall be the President, Vice President, Secretary, and Treasurer, who shall perform the duties devolving upon officers of any organization, subject, however, to the direction and control of the Trustees. Subject to confirmation by the Board of Directors of Christian Schools International, the Board of Trustees shall appoint an Executive Secretary-Treasurer, who shall be an employee of Christian Schools International, to be in charge of the day-to-day operation of the Plan and the Trust Fund, under the direction of the Trustees, and who shall serve as advisory member of the Board of Trustees in the following capacities: - Under the direction of the Secretary, the Executive Secretary-Treasurer shall be responsible for the permanent file of minutes, be in charge of all correspondence, serve as chief liaison with the Christian Schools International Board of Directors, and assist the Secretary in carrying on the ordinary functions of the office.
- Under the direction of the Treasurer, the Executive Secretary-Treasurer shall maintain accurate and detailed records of accounts of all properties held in the Trust Fund and of all investments, receipts, disbursements, and other transactions hereunder and shall prepare regular financial reports as instructed.
- Election of Officers
The Board of Trustees shall each year at its first meeting after the beginning of a new fiscal year elect officers who shall serve until the end of the year. - Meetings
The Board of Trustees shall meet quarterly. At the request of any two (2) of its members a special meeting will be called by the Secretary. - Quorum
Four Trustees present at a regular or special meeting shall constitute a quorum. All action of the Trustees shall be lawfully taken upon the vote of a majority of the membership of the Board of Trustees. - Method of Transacting Business
The powers granted to the Trustees shall be exercised at any regular meeting, or at any meeting of which the Secretary shall have given at least five (5) days written notice. In an emergency, business may be transacted by mail or telephone, provided any proposed action is approved by a majority of the membership of the Board of Trustees, and voting recorded. - Committees
The President shall, with the advice and consent of the Trustees, appoint such committees as from time to time are required or deemed desirable by the President.
The officer, or such other person(s) as may be designated by bylaw or by resolution of the Board of Trustees, assisting the Treasurer in carrying on the ordinary functions of the office, shall sign all checks, drafts, orders for payments of money, or any other documents.
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- The office and place of the records of the Plan and the Trust Fund shall be Christian Schools International, 3350 East Paris Avenue, SE, Grand Rapids, Michigan 49512-3054.
- The seal of the Plan and the Trust Fund shall be circular in form with the name of the Trust Fund imprinted on the face.
- The fiscal year of the Plan and the Trust Fund shall commence on the first day of September in each year and end the following thirty-first day of August, except that for the purpose of government reporting, records shall also be kept on a calendar year basis. The Trustees may require an annual audit of the Treasurer's books.
- Christian Schools International shall be compensated for any reasonable expenses it incurs in connection with the administration and operation of the Plan and the Trust Fund. Such Compensation is to include, in addition to a reasonable charge for overhead expense, the appropriate salaries and expenses paid to the Executive Secretary-Treasurer and staff for carrying out the responsibilities of that office.
- The Executive Secretary-Treasurer shall be accountable for all funds and securities of the Trust Fund. When necessary and proper, the Executive Secretary-Treasurer shall endorse on behalf of the Trust Fund for collection, checks, notes, and other obligations, and shall deposit the same to the credit of the Trust Fund in such bank(s) or depository as the Board of Trustees may designate.
- The Board of Trustees shall have power to establish a reserve fund (or reserve funds) for any proper purpose and to increase, decrease, or abolish any such reserve so established.
- At the expense of the Trust Fund, the Treasurer, the Executive Secretary-Treasurer and any other member of the Board of Trustees and others authorized to sign checks, drafts, orders for payments of money, and other documents shall be required to furnish surety bonds to the satisfaction of the Board of Trustees and the Board of Directors of Christian Schools International.
- The Trustees shall be reimbursed for expenses involved in attending meetings or otherwise discharging the functions of their offices.
- These bylaws may be amended at any lawful meeting of the Board of Trustees by a majority vote of the membership, provided the proposed amendment(s) shall have been described fully in the notice of the meeting. Such amendments shall be subject to the approval of the Board of Directors of Christian Schools International.