Counting collections: 3 “good steward” reasons to automate
Collections are an important part of any church. And, as a church leader, you want to manage your inflow the best way you can.
Read More >Financial Services Archives - Page 13 of 21 - Church Executive
Rethinking the church capital campaign
The capital campaign has always been a powerful way for church leaders to focus attention and resources toward reaching a God-inspired vision for your ministry. And while the timeless principles will never change, the best approach to funding your vision has always — and will always — evolve as the landscape of ministry evolves.
In fact, we’re living through one of those evolutions right now.
Read More >Metrics that drive sustainability: what gets measured — and managed
Over the past 30 years, I’ve sat in business meetings with pastors and board members and watched them cringe (literally) when required to review yet another financial report from the business office. Their eyes glaze over, and they begin doodling and drawing pictures on the financial statements.
Read More >Glenn Wood: Finding the financial "fuel" Seacoast needs to grow
With 13 locations (and growing!), Seacoast Church’s vision proved to be beyond its previous financial partner’s comfort level.
The challenge: find one that understands who the church is, what it wants to do, why… and how to make it happen.
Read More >Finances & college planning
The thought of preparing for your child’s college education can be daunting. There are so many questions: How much do I need to save? When do I need to start? What are my options? Here, we tackle four common questions about college planning.
Read More >JOEL SIMS: a son’s legacy — and a father’s foundation
At 33, Pastor Joel Sims of Word of Life Church in Flowood, MS, has already served in executive church leadership for more than a decade. He has also undertaken $29.4 million in construction projects — some completed, and some just beginning.
By anyone’s standards, Joel is a young pastor with a big, big job.
Read More >A point-by-point guide to comparing loan offers
Before your church obtains a loan for a new building purchase or construction project, it’s important to understand the differences — in other words, how to compare the different loan offers which lenders present.
Read More >The spiritual benefits of capital planning
Each year, thousands of people come to Mater Dolorosa in search of spiritual enrichment. Mater Dolorosa — a Passionist retreat center in the San Gabriel foothills, in the city of Sierra Madre near Los Angeles — is a sacred place whose spiritual work depends on some decidedly material things. Mission-style buildings, a stunning outdoor Stations of the Cross, and many other physical improvements set the stage for lives to be changed in faith.
To help preserve the beauty and soul-changing power of the places in their care, Mater Dolorosa’s board and staff rely on a professionally prepared capital plan.
Read More >Catapulting past critical mass at Resurrection (Leawood, KS)
Clifton Guy, Director of Information Technology at The United Methodist Church of the Resurrection in Leawood, KS — the largest UMC in the nation — is a preacher’s kid. Two of his siblings are also pastors, as is his wife. “So, it’s kind of the ‘family business,’” he says. But, Clifton himself is a self-professed […]
Read More >Behind the loan application: what is the bank or credit union really looking for?
Developing a strong and trusted relationship with your lender can provide your As your ministry looks to begin a relationship with a lender — or maybe improve an existing one — having insight into the mind of a lender will help you develop this vital partnership.
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