It’s not only important to have good policies for handling offerings, but also important that they actually be followed and updated from time to time. How is your congregation doing in this score? This resource from the United Methodist Church suggests best practices. (Photo: Creative Commons)
An endowment committee carries the significant responsibility of managing your church’s endowment. It requires thoughtful oversight, strategic planning, and a clear understanding of fiduciary duties. The Episcopal Church Foundation offers guidance and tips.
Cryptocurrency emerged on the financial scene relatively recently, but it seems it’s here to stay. With more investors getting involved, churches will likely start getting crypto donations. SmartChurchManagement explores. (Photo: Marco Verch, Creative Commons)
December 31 marks the end of the calendar year AND the budget year for most churches. But is that the most advantageous arrangement? Could it be better to set the beginning and end point of the budget year at another point? Church Law & Tax explores the pros and cons. (Photo: PublicDomainPictures)
Dec. 31 marks the end of the financial year for most congregations, so it’s important that your finance team close out the books properly. But how? So much to think about. FreeChurchAccounting.com has a checklist to guide you. (Illustration: AJ Cann, Creative Commons)
Adding online offering capability to your church can boost donations. But what company should you use? Church Tech Today looked at the top 21 and ranked them. Check it out. (Photo: Jhaymesisviphotography, Creative Commons)
Every congregation has a compelling story of faith and impact. A narrative budget helps to communicate that story and provides opportunities to show and celebrate how God is at work. The Evangelical Covenant Church explores.
Lutheran Church of the Reformation in Washington has rented out some of its space to a Jewish community. It’s a financial win-win for landlord and tenant, but the benefits only begin there. The Lake Institute reports. (Photo: Creative Commons)
In today’s religious climate, many churches struggle to make ends meet as weekly offerings decline. To cope, some are finding creative ways to add new income sources. Luther Seminary’s Grace Pomroy suggests several strategies. From the Lewis Center for Church Leadership.
A Gift Acceptance Policy helps churches navigate complex and sometimes risky donor gifts. It can help avoid legal and public relations issues, and it helps staff understand how to graciously turn down offers. This template from Brotherhood Mutual provides a wonderful starting point.
