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 […]
Read More >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.
Read More >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.
Read More >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.
Read More >Transactions are handled so differently now than in the past. Society has moved from coins to paper money, checks, and now electronic forms of payment such as credit cards or electronic funds transfers.
Read More >As church congregations and budgets grow, the potential exposure to fraud and other illicit behavior grows as well. Larger churches would be well served to consider steps that other nonprofit entities have taken to tighten their internal control environments.
Read More >If you could finance your next large construction project at three points less than a commercial lender would ordinarily charge without additional risk or gimmickry, wouldn’t you do so?
Read More >“It was the best of times, it was the worst of times … ,” wrote Charles Dickens in his classic, “A Tale of Two Cities.” You don’t need an advanced degree to see that these are difficult economic times. In spite of that, many churches around the country are still growing and looking for creative ways to manage that growth.
Read More >Imagine that if on a typical Sunday your offering plate was loaded down with gifts of cars, boats, RVs, timeshares, jewelry, gold coins and stamp donations.
Read More >In their continuing efforts to be better stewards of the environment and the resources of their church, the leadership at Prestonwood Baptist Church in Plano, TX instituted a specific recycling program in 2007.
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