FINANCE Archives - Church Executive


The problem with managing cash

The need to manage cash is a good “problem” to have … but what should your church do with it? John Regan, Founding Partner and Chief Investment Officer at New York-based Permanens Capital, talks about playing it safe, while earning some modest return. How big of a priority and a problem is cash management in […]

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3 common “balancing acts” when starting a Christian school

By Darren Thompson & Richard Koon In our previous two articles, we worked closely with Bo Gutzwiller from Foothill Christian School in Glendora, Calif., to discuss some of the things churches should be aware of before starting a Christian school. During our discussions, it became apparent that starting a school can be challenging — but […]

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The decision of a lifetime: 4 reasons you can’t afford to opt out of Social Security

By Don McLeod, CFP® During the first two years of your ministry, you will make the decision of a lifetime — whether or not to opt out of Social Security. This is a hot topic in ministry circles today, and everyone has a personal opinion on the matter. But what does it really mean to […]

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3 things you must do to cultivate generous givers in your church

Jim Sheppard, Principal of Generis — a consulting firm that helps churches to inspire and cultivate generosity through giving development coaching and strategy — talks about the best way to create an environment of giving. What role does a pastor need to play to encourage giving? Sheppard: The pastor must lead the way. Generous churches […]

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How to cultivate a generosity culture when all you want is a nap

By Matt Johnson     So, how is your holiday season going? If you’re in some sort of vocational ministry, you might have a complicated response to that question. While those around you are merrymaking, you might want to take a nap. Don’t feel bad. It’s okay to admit that the holiday season is especially […]

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Planning the annual church budget

By Rev. Dr. Perry Hopper & Rev. Dr. Sara Day The annual budget planning process can bring feelings of unease and concern for pastors and church leaders. The reality is that it costs money to do ministry effectively, and a carefully thought-out budget demonstrates a commitment to the missional goals of the church. We know […]

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So, what exactly is planned giving?

By Michael Prior, J.D. Giving. From the earliest days of the Gospel, funding the mission of the Church has been a necessity. It’s so vital, even the original 12 required a treasurer. And for centuries, the faithful have answered the call of contribution through sacrifice or abundance … from one pocket. This pocket contains our […]

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Funding expansion with fluidity, familiarity

By RaeAnn Slaybaugh In its early life, Sagebrush was a church on the move — for eight years, to be exact. “It’s a funny thing; sometimes in the church world, people want you to have a building to legitimize you,” says Administrative Pastor Bob Church. “And yeah, portability is kind of fun, because it’s pioneering. […]

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When to choose a fund accounting solution

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Due to the nature of their work, churches are held to a high standard of accountability by internal and external stakeholders. Without a financial solution designed to comply with non-profit accounting standards, it can be challenging to demonstrate transparency and fiscal responsibility to constituents. While commercial accounting software can be configured to meet basic financial […]

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Why fundraising asks are essential to your organization of faith

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By Joe Garecht Many faith-based organizations worry about making fundraising asks. They think that because they have a religious mission, making direct asks of donors is somehow unethical or will damage their reputation. Other faith-based non-profits focus solely on making group asks from the pulpit, or through mass-communication mediums like direct mail or e-mail. These organizations avoid […]

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