FINANCE Archives - Page 52 of 55 - Church Executive


A Seattle church automates giving and achieves online community

Puget Sound Christian Center in the greater Seattle area has undergone significant technology updating in its 30 years in order to meet the congregation’s needs and desires to connect and communicate with one another.

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THE CHURCH’S NEW NORMAL: A time to take from the offering plate according to one’s need?

Cross Timbers Community Church decided to take some exciting steps to respond to this current economic season. A few weeks back, Senior Pastor Toby Slough told the church during our giving time that if anyone that day had a need — because being laid off or other financial challenges — that they were welcome to take out of the plate as it passed by rather than give that week.

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A written policy for benevolence 
maintains records, protects the church

Churches often maintain benevolence funds to assist needy individuals in times of financial crisis. However, these churches may not have enough structure in place to provide essential direction and documentation.

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Business administrators uncertain where the recession is going

Fortunately, most economists don’t think we’re anywhere near a depression — nor are we heading toward one — but they also agree that this recession isn’t going to improve any time soon. This means that church leaders have a greater burden than ever to guide their staff and people, many of whom are feeling the effects of this recession personally.

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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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