Leaders need to pay close attention to the final 403(b) regulations
The Internal Revenue Services (IRS) issued revised final regulations under Internal Revenue Code section 403(b) in July of 2007.
Read More >FINANCE Archives - Page 54 of 55 - Church Executive
Giving trends point toward consumer oriented members
“Overseas missions are often used as a reason to give to the church. However, most churches and denominations have patterns in place that keep missions a small percent of actual total spending,” says Sylvia Ronsvalle.
Read More >Comprehensive bank options for churches can pay dividends
Most churches piece their financial partner relationships together based on a chain of disconnected events or referrals. Interest rates decline and a decision is made to shop for a new mortgage lender.
Read More >Mission possible: Motivational factors for charitable contributions
The number of charitable organizations in North America has been growing prolifically for more than a decade. As a result, people now have more options when considering their charitable contributions.
Read More >How PCI compliance will protect your congregants
More churches and nonprofits are looking to their Web sites to raise funds and collect donations as well as do the work of processing registrations and payments for events, classes, Bible studies, VBS — you name it — all online.
Read More >Generosity Evangelist: ‘Live open-handed in a tight-fisted world’
“Growing up, I was very materialistic; I was a taker, not a giver,” says Brian Kluth, author of the stewardship devotional 40 Day Spiritual Journey to a More Generous Life.
Read More >Fast growth and few controls invite employee embezzlement
The headline shrieked across the second section of The Arizona Republic last September 1: “Accountant Held in Church Theft.”
Read More >Use discretion when there‘s cause for termination
There are few situations more difficult for a church executive or administrator than having to dismiss an employee. The multi-step process recommended in many publications is time-consuming and may not be the best fit for your particular circumstances.
Read More >Lead by example to elevate the discourse of stewardship
There is a perception that we use the word “stewardship” only to create an end-around to raise funds for the church. Unfortunately, perception can become reality.
Read More >Giving is at the heart of the Christian faith, and to the life we really want
Stephen B. McSwain has written a thoughtful book in The Giving Myths: Giving Then Getting the Life You’re Always Wanted (Smyth & Helwys Publishing, 2007) that comes out of his personal interests and professional work as a vice president of Cargill Associates Inc., a philanthropy and fundraising firm.
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