Río Texas
homeclosed-church property on the balance sheet (32.9% of assets); proceeds policy directs sales to mission
Policy (¶2549.3) sends net sale proceeds — after up to 20% to a capped ($400K) Property Administration Fund — to the District Strategy Team where the church sat, plus the Office of Congregational Vitality & Development; urban properties follow an Urban Ministry Strategic Plan, and former Rio Grande Conference properties are restricted to Latino/Hispanic ministry. Reinvestment is decentralized to districts, not one conference fund.
⚠ Policy says 'promptly market,' yet $13.2M still sits as unsold held property — the open question is execution, not policy.
policy 2016, rev. 2020 · Río Texas Policy Manual (2022), Proceeds from Sale of Discontinued & Abandoned Properties