FINANCE Archives - Page 24 of 59 - Church Executive


Financial challenges of the “sandwich generation”

By Patricia L. Hunter, CFP® What is the “sandwich generation”? This term refers to middle-aged individuals who are simultaneously caring for and supporting their children, as well as their aging parents. They have been given that label because these individuals are effectively “sandwiched” between the obligation to care for their aging parents — who might […]

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Aggregation: Changing the healthcare industry for U.S. churches

Whether you’re an established megachurch with multiple campuses or you’re a small local church in a tight-knit community, it’s equally important to provide a benefits program for full-time staff. But with rates going up by 10 to 20 percent every year, it can be a challenge for smaller churches to keep up. The result? Understaffed […]

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5 healthy church budgeting guidelines

By Meaghan Kelly It’s no secret that church budgets can be tight. To do the most good with this money, church administrators and facility managers should develop a healthy, long-term financial plan before spending any funds. Here are five financial goals to strive for when creating and managing a church facilities budget. #1: Be realistic […]

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Houses of worship subject to parking lot tax

By Sharon C. Lincoln In the context of paying one’s taxes, the New Testament counsels the faithful in Matthew 22:21 to “Give to Caesar the things that are Caesar’s, and to God the things that are God’s.” When it comes to taxation in the United States — for nearly all of this country’s history — […]

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New church design & construction firm debuts

APRIL 22, 2019 (Tulsa, Okla.) — Based in Tulsa, but operating nationwide, Master’s Plan Church Design and Construction is a new company founded and led by experienced leader in church design and construction Rodney James. Having grown up building buildings with his father — and serving for 20 years in ministry — James says he […]

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Solid groundwork can ensure your church plant bears fruit

By Rich Poirier The church planting movement is growing across the country — but establishing a new religious organization and actually growing it into a thriving congregation are two different battles. There are a variety of legitimate reasons to consider planting a church. Respondents to a 2016 study by Barna Group and Cornerstone Knowledge Network […]

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Selecting the right bus for your church

How to get the best, safest bus for your most precious cargo   When is a new bus the best option for a church? Ami Sailor: While each church has unique transportation needs, more often than not, a new bus is the best option. Church leaders often assume that a used bus is the best […]

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Leading a legacy

By RaeAnn Slaybaugh In 2001, Word of Life Church faced two major setbacks: the senior pastor passed away, and the building project — underway at the time — came back from bid 200 percent over budget. But, 10 years later, the church completed an $11.2-million building project, including a 900-seat sanctuary, offices, adult education areas, […]

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Money habits for millennials

Why young pastors should begin saving early — and how to do it By Colin E. Nass If you’re a millennial, this might not surprise you: Contrary to popular belief, your generation is just as good as other generations — if not better — when it comes to managing money and getting your financial houses […]

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Make giving click

Expert advice for using technology to identify, engage & cultivate first-time givers   What does a first-time giver look like?  Mark Walker: We shouldn’t base our assumption on whether people are young or new in the pew; first-time givers look different, in different churches. As leaders, we should have our finger on the pulse of […]

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