FINANCE Archives - Page 33 of 35 - Church Executive


Ten ways to secure your largest donations ever

While capital campaigns will always generate larger gifts and pledges, here are 10 additional ideas to help you jump start some ways to get larger gifts on an ongoing basis to fulfill your church’s mission and vision for the future.

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Staff CFO insures that finances are handled on task and on target

The CFO is a senior leader who deals with all the business areas of the church, proactively involved so that the decisions affecting the financial affairs of the church are handled on task and on target.

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Church operations on a shoestring budget

When we were starting Antioch Community Church, Waco, TX, in 1999, we were definitely operating on a shoestring budget. It was going to be a walk of faith. Before we even had our first public service, our church believed that God would provide $150,000 to buy a dilapidated grocery store that would become our home after some major renovations.

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Now is a good time to strengthen your church’s financial foundation

The economy is affecting a lot of people right now. How is it affecting your church? The answer to this question runs the gamut, for all sorts of reasons. Some are cutting expenses, while others are building new facilities. Some congregations are growing and some are shrinking.

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The end is near: How to decide on your church’s fiscal year-end

A while ago I was reviewing the financial statements of a Christian ministry shortly before the end of the year and noticed that the expenditures for the year exceeded income by a significant amount.

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What ministry leaders need to consider as they face retirement

Key steps for church leaders to consider for a healthier and financially viable retirement. By Susan Wilhoit Daily we’re reminded of ways to improve our physical health: eat less fat, exercise, drink more water and reduce stress. While these things are certainly beneficial and important, we can’t neglect our financial health either, especially when it […]

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Donor advised funds are valuable alternatives to direct giving

By Christine Abrams and John Butler A Donor Advised Fund (DAF) may allow your church members or faithful supporters to make tax deductible gifts before they are sure of where it should be used. Are you familiar with the benefits potentially offered by a Donor Advised Fund to members or attendees of your church or […]

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Nation’s economic troubles worry some churches while others see a silver lining in downturn

How will the nation’s economic slowdown affect America’s churches? Even as there’s a softening of $4-plus gasoline, there still loom large layoffs, bottoming stock markets, rising food prices and home foreclosures.

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Leadership Network Survey: Cause for optimism despite economic downturn

The news is mixed among larger churches surveyed about the impact of tough economic times on their congregations. The 105 large churches surveyed by Leadership Network this summer said they were minimally or not at all affected (56 percent) by the downturn in the economy, while 41 percent gave a somewhat negative and 3 percent said very negative to the question.

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Churches depend on experienced lenders in uncertain economic climate

Just a year or two ago most Americans were feeling financially secure if not downright prosperous. Their homes were appreciating in value, the job market was strong and they were earning solid returns on their savings and investments.

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