With preparation, persistence and wise collaboration, Bridgeway is saving $450,000+ in yearly interest — even amid a pandemic By RaeAnn Slaybaugh Heidi Coughran has spent most of her career in church operations. She says it’s “exactly my wheelhouse.” So, when the opportunity arose in 2015 to join the staff at her beloved home church — […]
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By James R. Cook, CFP®, RICP® Before you devise an investment strategy, define your goal. Are you saving for retirement, to purchase a home, to fund your child(ren)’s education or something else? In this article, we will focus on saving for retirement. Risk tolerance and risk capacity When investing for retirement, consider your risk tolerance […]
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By Gregory Love & Kimberlee Norris Our church just completed a Registered Sex Offender (RSO) Policy. Will you review it and tell us if it’s adequate? We frequently encounter this (seemingly simple) question in our law practice. In reality, the issue is multi-faceted and complex, and tends to kick off a broader discussion. In the […]
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By Rodney C. James Picture a group of men and women at the ready. Hard hats, leather gloves, steel toe boots, hammers, nails, and all the tools needed to tear down, renovate or expand your church building. A beautiful scene, isn’t it? Not so fast. Let’s rewind the tape. Where are permissions needed from the […]
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How to make continuing education work (& maintain your full-time ministry role, too) As you look at your current students, how many would you estimate also hold full-time ministry positions? Chesley Turner: We have a dynamic and diverse group of students in the Master of Science in Church Management (MSCM) program at Villanova School of […]
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Even during COVID, you can use your info to engage new visitors, drive more effective discipleship, and re-connect with at-risk members As churches shift to all-digital (or mostly digital) strategies during COVID, are there opportunities to gather important data on new “visitors”? Senneff: When many people are engaging online, understanding who’s attending is a real […]
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As many of us look toward a fresh start in 2021, some insurance industry experts say we can’t forget where we’ve been in 2020. The global pandemic — originally assumed to be a short-term event — is likely to continue for months into the future. How does that affect the coming year? Peter Mahler, vice […]
Read More >Many are familiar with the ACH Network, which last year electronically moved 24.7 billion payments valued at nearly $56 trillion between accounts at different financial institutions for payments including large B2B transactions or payroll direct deposit. Others may recognize the ACH Network as the payment system that funneled stimulus payments into millions of bank accounts upon the […]
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Culminating from its annual global G20 Interfaith Forum event in October, the G20 Interfaith Forum has announced its priority recommendations within five areas of focus for consideration by G20 Summit leadership at its Nov. 21 and 22, 2020 meetings in Saudi Arabia. The recommendations focus on issues such as COVID-19, advancing peace and conflict resolution, […]
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Can ministries be held financially responsible? By Gregory S. Love, Esq. & Kimberlee D. Norris, Esq. On May 18, 2020, the Boy Scouts of America filed for bankruptcy protection, largely in response to mounting sexual abuse allegations and civil lawsuits. This bankruptcy filing further complicates liability concerns for organizations (churches, schools, camps, conference centers) that […]
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