budgeting Archives - Page 13 of 25 - Church Executive


Women & Finances

Married or single, knowing how to save, invest and plan for the future is essential By Alina Parizianu, MBA, CFP®, BFA™ Women have come a long way in closing the gender gap that has, for generations, placed them at an economic disadvantage. Women now graduate from college at higher numbers than men and hold more […]

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A Supreme Court case to watch

Espinoza v. Montana Department of Revenue poses critical church-state separation issues By Kimberlee Norris, attorney at law  The Supreme Court will be deciding Espinoza v. Montana Department of Revenue this Term. The decision could be very important for Church Executive readers, particularly if it alters or clarifies the Court’s 2017 holding in Trinity Lutheran Church v. Pauley. […]

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What you need to know as an executor

By Matthew D. Hoffman You have recently been named the executor of an estate — but, like many people, you might not be familiar with the scope of the task that you’re undertaking and the important information you need to know. An executor is the person responsible for managing the administration of a deceased individual’s […]

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Church design trends: expert perspectives

Emerging trends, outdated ones, and ministry-specific design movements What’s especially appealing about working with churches? Trung Doan: Churches are the hands and feet of faith, and we consider it a privilege to equip churches to continue making a difference. Rodney C. James: Mentoring, leading and helping pastors. Most didn’t get a class in church design, […]

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Pastors follow the path to financial wellness

By RaeAnn Slaybaugh Research shows pastors are twice as likely to experience financial stress as the average American. As Rev. Dr. Perry J. Hopper, MBA, Associate Executive Director of MMBB, explains, this is because clergy sustain significant levels of indebtedness with fewer resources to meet their financial obligations. Coupled with a theology that sometimes can […]

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Sustained giving strategies

Tried-and-true advice for driving predictable cash flow at your church For most churches, just how big a problem is sustained giving? Paul K. Knickelbein: For a nonprofit or church to succeed, it must have sustained giving from its members. Donations are what keep the doors open and the mission alive. As anyone who has managed a […]

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Planning for healthcare expenses in retirement

    By Rev. James R. Cook, CFP® If you think Medicare will cover all your healthcare costs when you retire, think again. The sobering reality is that Medicare generally only covers about 60 percent of the cost of basic healthcare services for individuals aged 65 and older. The remaining 40 percent must be covered by […]

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What you should know about church insurance

  For many people, churches are much more than just buildings. They are sacred spaces that carry great meaning to all who gather there for prayer, community, connection and spirituality. It is for these reasons that churches must take steps to provide safe spaces for occupants and mitigate risk on their properties. Purchasing insurance is […]

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Free supplies for churches?

How churches are stretching their budgets through gifts-in-kind organizations By Gary C. Smith It’s a given that with budgets tighter than ever, churches need to be creative in doing more with less. Yet many dismiss one very real resource because they’re convinced there must be a catch. But it’s not too good to be true. That resource […]

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TOM LUNAK & CALVARY CHAPEL FORT LAUDERDALE: An informed approach to refinancing drives church health & growth

By RaeAnn Slaybaugh     By anyone’s standards, Tom Lunak, CFO of Calvary Chapel Fort Lauderdale, has extensive experience in the banking industry. In his career, he has held senior-level titles at, and done consulting work for, several banking institutions. So, it was a pleasant surprise when, a few years ago, he was asked to […]

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