By Nancy Lawson According to a recent Giving Rocket survey of churches, only 14 percent are meeting or exceeding budget. Knowing that churches rely entirely on donations to survive, not meeting the annual budget means critical mission work is in jeopardy of being underfunded. Fundraising for any non-profit organization has always presented challenges — and […]
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By Dan Mikes Contrary to popular belief, it isn’t all about “the numbers” for lenders. Leadership and process are equally important when contemplating the relationship opportunity. Whether your religious institution is contemplating an on-site physical expansion, the acquisition of a satellite facility, or seeking a beneficial refinance of existing debt, knowing how to prepare and […]
Read More >By Rachel McCall Cash and checks are quickly becoming a thing of the past as younger generations push to use debit and credit cards — a result of more online and mobile interactions. It’s no wonder, then, that more and more churches are contemplating online giving. Recently, NonProfit Times reported that churches and faith-based groups […]
Read More >By Joseph Sangl and Chad Aukland Churches today are facing substantial challenges as a result of debt. Prior to the economic downturn, it was easy to obtain financing for major projects. With the economic downturn and resulting lending restrictions, these churches are experiencing budget crunches and refinancing challenges. This, combined with individual giving declines, has […]
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