FINANCE Archives - Page 2 of 29 - Church Executive


The 5 phases of the faith-based supporter lifecycle

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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If you’re considering refinancing, be aware of the environmental status of your property

environmental status

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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Sustainability of facility stewardship at your church

facility budget plan

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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Estate planning: getting affairs in order isn’t just for seniors

estate planning

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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Beyond online giving

digital giving

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 […]

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Making the case for church investments

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 […]

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The 4 pillars to good facility stewardship

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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So, you want to start a Christian school. Now what?

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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How Cornerstone Community Church fully funded its operating budget with digital giving

Founded in 2004, Cornerstone Community Church (CCC) is a young church located in the rural mountains of Virginia, meeting in a converted downtown storefront. In a city with a population less than 7,000, finances have been a struggle for the growing church. Here, Lead Pastor Mike Morris recalls a recent change that has helped CCC […]

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Penny wise & power smart

How to be cost-conscious — & environmentally responsible — with your wireless audio equipment What are you spending on disposable batteries every year for wireless mics, lavaliers and in-ear monitors? Have you considered a rechargeable solution? The ability to purchase batteries (and charger) just once — and yet equip your church for years! — is not […]

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