FINANCE Archives - Page 43 of 61

Long-term interest rates appear to have bottomed out and are projected to increase by year-end. So, now is the time to consider borrowing funds to undertake important building initiatives or refinancing existing debt.

Finance & lending trends: time to expand to new location(s)?

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Church expansion, Church Finance, church financing, church lending, church loans, church locations, Multi-site churches, Multisite churches

September 16, 2015 at 11:31 am.

As unemployment has declined and consumer confidence has grown, it appears that the post-meltdown reluctance to solicit donors for capital pledges for religious institution expansion is abating.

This is giving way to pent-up demand for worship space.

3 myths pastors believe about church giving technology

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church generosity, church generosity tools, church giving, church giving technology, church giving tools, creating a culture of generosity, giving technology

September 16, 2015 at 11:05 am.

Imagine a church experience where the pastor stands before the congregation, casting a vision. There’s a family in need. A building needs repairs. A project requires a bit more funding. All the things that your church loves to get behind because it makes a huge difference in the community.

The CE Interview: Debi Nixon

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CE Interview, Church leadership, Church of the Resurrection, debi nixon interview, debi nixon kansas, Leadership lessons, pastor leadership

September 16, 2015 at 10:13 am.

Debi Nixon wears many hats at Church of the Resurrection, a United Methodist congregation of nearly 20,000 members. Her title is broad in scope; but to put it succinctly, she’s a connective leader, helping the church implement its vision and move forward in the right direction.

Phase 5: giving & follow-up

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church capital campaigns, Church Finance, church generosity, church giving

August 1, 2015 at 3:35 pm.

The fifth and final phase of a capital campaign is all about a commitment to consistent communication. Here, Paul Gage explains why this is so critical, and how to make sure it happens.

4 practical ways churches can reduce their cyber risk

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church cyber risk, church data breach, church data protection, church data security, Church risk management, cyber security, cyber security churches, protecting church data

August 1, 2015 at 3:31 pm.

In recent years, discussions about data breaches with my church and nonprofit clients have moved from “what-if’s” to, “This just happened to one of my clients.” Cyber Liability insurance is no longer a coverage that is nice to have; it’s saving organizations money, time and reputations.

Only 42% of churches accept online donations — new survey results

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church generosity, church giving, church giving options, church giving statistics, church giving tools, church giving trends, donation options for churches

August 1, 2015 at 3:25 pm.

Only 42% of churches accept online donations. This stat was one of the eye-opening revelations uncovered by Dunham + Company in their latest church survey. Perhaps more startling though, is that of those churches who do offer a digital option, they only see 11 percent to 13 percent of their total contributions come through that method, on average. To better understand these numbers, and what churches can do to improve upon them, I jumped on a call with Rick Dunham, president and CEO of Dunham + Company.

Best practices: insurance review and planning

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Church Finance, church financial management, Church insurance, church lending, church loans

August 1, 2015 at 3:09 pm.

The loan underwriting process is centered on determining the level of risk associated with each ministry. As a part of that risk management process, we inquire about the amount of debt, cash reserves, as well as the limits and type of insurance coverage the ministry maintains.

Intelligent church giving: making sense of marketplace mumbo jumbo

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church capital campaigns, Church Finance, church generosity, church giving, church giving statistics, funding ministry, generous giving

August 1, 2015 at 3:06 pm.

Data and technology provide church leaders with new ways of thinking about how to overcome financial challenges or fund growing ministry opportunities. Consequently, there are a lot of new concepts and topics being discussed across ministry circles. Before you write off the ideas as “marketplace mumbo-jumbo,” let’s consider a few reasons why they might be applicable to your ministry.