The the digital age has made things easier for a lot of us — including scammers! Sophisticated data miners pose risks to your church’s membership and financial information. This column by the UMC’s Ken Sloan offers tips on foiling them.
Your church needs a policy for handling cash
It’s important to have a well-written and always-followed policy for handling cash donations. Why? For those who handle finance, cash presents a strong temptation to embezzle. Smart Church Management explains.
Invite donors to endow their annual pledge
Endowing one’s pledge is the ideal way for some church members to support their church long after their passing. It involves donating enough money to keep their pledge in perpetuity. The Episcopal Church Foundation.
The nuts and bolts about endowment funds
Whether your church has an endowment fund or is considering establishing one, here are some important considerations from the National Council of Nonprofits. (Photo: Pongsajapan, Creative Commons)
A gift acceptance policy can save your church headaches
Because we never know when a questionable or burdensome designated gift may come our way, having a gift acceptance policy in place is wise. The United Methodist Church has a wonderful sample. (Photo: Creative Commons)
3 Common mistakes in managing church finance
Finance and tax laws can be complicated, and those who handle a congregation’s money need to be aware of the responsibility. Smartchurchmanagement.com lists three errors churches often make. (Photo: Tal Atlas, Creative Commons)
Money is like a congregation’s vital sign
The economy’s rocky journey over the last few years should cause some soul-searching in America’s congregations, says William Enright, senior fellow at the Lake Institute of Faith & Giving. The key is for leaders to be asking the right questions. (Photo: Lemuel Cantos, Creative Commons)
FAQ: What is a capital campaign? Do we need one?
Capital campaigns can be confusing, especially for congregations that have never had one. Vanco Payments has compiled this FAQ to help leaders understand exactly what goes into a capital campaign. (Photo: Stephen Yeargin, Creative Commons)
The hidden truth behind bivocational ministry
Church finances may necessitate a pastor or other leader working another job to pay the bills, is it bivocational ministry? Can a calling to ministry be part-time? Lifeway comments. (Photo: MichiganFirstCU, Creative Commons)
Every congregation needs a gift acceptance policy
How are church gifts received and donors thanked? What gifts are not acceptable? A gift policy can help a congregation answer these questions before they arise. The Center for Faith & Giving explains. (Photo: Asenat29, Creative Commons)
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