Purpose The purpose of this policy is to establish and communicate the Finance Team charter as set forth by the church's Board of Elders. Scope The Finance Team is formed and empowered by the Board of Elders to function as a team of subject matter experts in the accounting and finance area regularly reviewing the church’s financial status, advising the Executive Pastor. To this end, this policy includes specifics … [Read more...]
Financial Hardship Policy
Addressing The Issue Of Financial Hardship In The Church In A Healthy Way
The church has a responsibility to its attendees and members when they are faced with financial hardship. However, there are three clear biblical guidelines for how individual Christians and churches should help those in need within the church. First, each Christian should provide his or her own financial support. 2 Thessalonians 3:7-10 states, For you yourselves know how you ought to follow our example. We … [Read more...]
Developing An Income Model
The First Step In Developing An Annual Budget For The Church
Work on the annual budget begins in early August. And, it begins with projecting income. What kind of General Fund giving is reasonable to expect for the coming budget period? The most accurate way to project giving for the future is to use data from the past. Read on and develop a detailed understanding of how to approach the development of an Income Model for your church. Please download and have this Income … [Read more...]
Capital Campaign Names
A Little Help With What Some Think Is The Most Difficult Part Of A Capital Campaign
We've run a total of 5 separate capital campaigns at my church since 2004. We're now working on a 6th. So, I've had plenty of experience with them. I have also had the privilege of helping other church leaders with stewardship strategies and capital fundraising campaigns for their churches. The last campaign I helped a church with, I'm happy to say, went very well. They were able to raise 120% of their goal over a … [Read more...]