Protecting your church and religious organization against fraud

fraud

Now more than ever, all organizations are exposed to risk, including cyber security breaches and internal fraud. Religious institutions — which strive on building a trusting relationship with their members and employees on the foundation of religious beliefs, coupled with tight budgets and limited financial oversight — are even more vulnerable to fraud and abuse.

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Financial planning tools for clergy and church administrators

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The statistics on Americans and retirement planning are staggering. More than half of us do not know how much we will need to live a comfortable retirement, and 60 percent have saved less than $25,000. For clergy, the economics of retirement can be even more challenging.

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Performance bonds: beneficial or a waste of money?

Pro-and-con

For most of my professional career, I have been anti-performance and payment bond-oriented. To me, they seem like such a waste of money. In short, they’re just an insurance policy (although the Surety industry would say they are not “insurance” but rather a “guarantee” — semantics!) in the unlikely event the general contractor on a job is unable to complete the project (usually due to a bankruptcy or other major catastrophe related to the contractor). In theory, that sounds great. It almost feels like the proverbial “Get Out Of Jail” card. But is it really?

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Dollar’s dollars: restricted gifts and abandoned projects

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Televangelist Creflo Dollar recently came under fire for asking that 200,000 of his followers donate $300 each to buy a $60-million luxury jet for his use. In the wake of bad publicity associated with the request, it appears that he may have cancelled the campaign before reaching his goal. The problem is: What happens to money already collected?

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Phase 3: The Campaign

CREATIVE AND PROVE ICON

In this series installment, Paul Gage spotlights the public phase of the process: the Campaign itself. It’s a critical time — and it requires plenty of prep work to get right.

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Fraud prevention: are you doing all you can?

Signing a Check

Banks are in the business of risk management — so, who better to help your ministry manage fraud and the onslaught of cybercrime making news almost every day?

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Church Management Software (ChMS) Forum: Your ChMS should grow WITH you

phone

People are already abandoning cash and checks in favor of debit and credit cards. And, the tools they’re using now could be obsolete in 10 years. So, choosing a ChMS that stays current with giving technology is crucial. By Mark Kitts Churches that employ alternative giving methods collect more contributions more consistently than those limited […]

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Church Management Software (ChMS) Forum: It’s all about integration

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Frankly, many churches have some form of online giving software already in place. So, the point isn’t just about having online giving or donation tools — it’s about maximizing all the benefits online giving can provide.

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The healthy church

The Bible has a clear definition of faith in Hebrews 11:1 — “Now faith is the assurance of things hoped for, the conviction of things not seen.” Simply put, the biblical definition of faith is “trusting in something you cannot explicitly prove.” As church leaders, we walk every day in faith. So, how do we marry faith and facts? The church has been put in our care, and we must be good stewards of what God has given us. So how do we care for the church?

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The tension between technology and faith

frayed rope

We wanted to dig more into the connection between faith, relevance and technology. So, we put together a short three-question study. We then administered this study to some of the 2,500 attendees of the Nazarene M15 Conference, held in Kansas City, MO, in February.

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