By Colin Nass, CFP®, AEP®, RICP® When discussing the need for retirement planning, millennials might not be the first age group that comes to mind. Millennials — also known as Generation Y — were born after 1980, and they’re the first generation to come of age in the new millennium. Typically, researchers use the […]
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Today, millennials are the demographic on the top of most organizations’ priority list. It’s no surprise that brands are reinventing the way they market in order to reach the fastest-growing generation in the workforce and marketplace, and officially, the nation’s largest living generation. The millennial generation, which comprises those born between 1981 and 1997, grew […]
Read More >By Joe Garecht Most faith-based organizations rely on supporters to fund their work. Many organizations of faith don’t think of their supporters as “donors,” though; churches and dioceses think about “members,” while religious schools think about “students,” “families” and “alumni.” Other faith-based organizations talk about “donors,” but wonder about how to solicit donations while still honoring their higher calling. […]
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By Dan Mikes Throughout my 27 years of providing financing for religious institutions, I have seen a number of instances in which all the financial and other factors were right, but the loan could not be made because the collateral (the land and buildings) was unacceptable due to environmental contamination. While this is a […]
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By Matthew Swain, RS Each year, through blistering summer heat and winter’s icy blast, the church’s roof deteriorates a little more. The carpet in the narthex and office becomes a little more worn and tired. The boiler, air-conditioning and elevator continue to age. The parking lot begins to crack. Real property — the buildings in […]
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By Matthew D. Hoffman, CFP®, ChFC® When we think about estate planning, drafting a will, and getting your financial affairs in order, millennials aren’t the first demographic group that come to mind. Most people don’t start to think about this topic until they’re a little older and more established; they usually have achieved milestones such […]
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What executive pastors need to know By Jayson D. Bradley You know you need a digital solution for giving at your church. But with all the options out there, online giving is becoming old-hat. How do you land on the right solution? And once you’ve found it, how will you get your church to actually […]
Read More >In many churches, cash reserves are either immediately applied to ministry expansion, or deposited into a traditional savings, CD or money market account. However, do these options really represent the best possible stewardship of those funds? John Regan, Founding Partner and Chief Investment Officer at New York-based Permanens Capital, believes churches should consider investing […]
Read More >By Donovan Loomis Between Sunday worship, youth activities, and all the groups that meet throughout the week, your church is a hub of activity. Your congregation relies on the facilities to not only be a place of worship, but also a launching pad for ministry. Church leaders are expected to be intentional in how they […]
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By Darren Thompson & Richard Koon Across the country, churches are answering the call to start a private Christian School — but they’re unsure about how to navigate the process. Does this sound like your church? In this second installment of our three-part “Financial Management for Christian Schools” series, we’ll discuss next steps, as well […]
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