Creating Financially Sustainable Congregations

Creating Financially Sustainable Congregations
Author: James L. Elrod
Publisher: Church Publishing, Inc.
Total Pages: 129
Release: 2021-06-17
Genre: Religion
ISBN: 1640652884

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How can growing churches develop a financial framework that will enhance their mission? The declining trends in religious belief and practice in twenty-first-century America are well documented, but they mask the vitality and growth experienced by many individual congregations. Unfortunately, leaders of these growing churches sometimes lack a firm grasp on what’s required for their church to maintain financial equilibrium. This is true for newly formed congregations as well as established churches. This book, which does not assume readers’ familiarity with principles of accounting or finance, will help facilitate constructive conversations between clergy and lay leaders on money matters. By describing in everyday language some of the practical issues that promote (or erode) financial sustainability, this book will remove the mystery and frustration faith communities often experience when discussing their financial challenges. What activities within the organization’s control promote long-term financial sustainability? The answers create a framework that is a prerequisite for meeting any church’s missional objectives over the long run.

Creating Financially Sustainable Congregations

Creating Financially Sustainable Congregations
Author: James L. Elrod
Publisher: Church Publishing, Inc.
Total Pages: 129
Release: 2021-06-17
Genre: Business & Economics
ISBN: 1640652876

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Be informed and agile in conversations about your church’s financial health.

ChurchMoney

ChurchMoney
Author: Michael White
Publisher: Ave Maria Press
Total Pages: 224
Release: 2019-09-13
Genre: Religion
ISBN: 1594719136

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There is a secret formula to help convince parishioners to give financially to your church. It’s pretty simple: Just ask them. And when you do, make sure it’s not about the money. In ChurchMoney, Rev. Michael White and Tom Corcoran—award-winning authors of the bestselling book Rebuilt—will help you learn the basic skills you need to discover that true success in raising funds comes from the incredibly freeing approach that connects giving to discipleship. The two share stories of success and failure during their twenty years leading the Church of the Nativity in Timonium, Maryland. They tell you what they learned to meet the real financial challenges of their mission. And they offer the practical wisdom and inspiration you need to tackle the thorny matter of raising money in your Catholic parish. So if giving isn’t about the money, what is it about? Giving is about: loving God and serving him; loving others and helping them fall in love with their Savior; transforming the world little by little through love; and the eternal impact we can and need to make with money. White and Corcoran contend that giving actually glorifies God and attracts others to the Church. Over and over again in scripture, they point out, you’ll find the same, simple point: Giving gladly serves as a key ingredient to the Church’s growth from its very beginning. White and Corcoran share the lessons, facts, habits, and great ideas they’ve implemented from some of the most successful and vibrant churches in the United States. ChurchMoney offers a proven plan for raising money in parishes. It’s readily adaptable, firmly rooted in the reality of leading a Catholic parish, based on the Bible, and finessed with the best advice of communication professionals. You will read stories of embarrassing failure and exhilarating success in tripling a budget and running three extraordinarily successful capital campaigns over a ten-year period including a recent campaign leading to the construction of $16 million sanctuary built debt-free. White and Corcoran have increased staff fourfold and significantly raised salaries and increased staff benefits while expanding mission outreach both locally and internationally.

Smart Church Finances

Smart Church Finances
Author: George M. Hillman Jr.
Publisher: Lexham Press
Total Pages: 108
Release: 2020-04-22
Genre: Religion
ISBN: 1683593758

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What can the Church learn from the business world? You're a leader of a ministry, nonprofit, or church. You trained to be a faithful counselor, preacher, interpreter of God's Word—so why do you find yourself spending so much energy on administration tasks that threaten to drain your time, energy, and joy? Look to this book for the coaching you needed, yesterday. Written from years of ministry and business experience, Business for Ministry is built on a solid foundation of business principles but—unlike many business books—in a straightforward style that anyone can grasp. You'll learn how to: Communicate vision and strategize with a team Steward resources well (yes, including budgeting) Prioritize goals, wisely make decisions, and evaluate outcomes based on vision and data Leverage the existing talents of men and women at your church, many of whom don't fit in "traditional" ministry roles This field guide to building a holistic, sustainable system for your church will both help you address the business needs of your church and free your leaders to serve, fully and joyfully.

Faithful Investing

Faithful Investing
Author: James W. Murphy
Publisher: Church Publishing
Total Pages: 209
Release: 2020-01-17
Genre: Religion
ISBN: 1640652442

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• Leading experts from across the denominational spectrum offer wisdom on socially-responsible investing Congregations and religious institutions are asking how to invest in their future and grow their endowed and invested funds, while also focusing on their values. This book will help religious leaders better understand all of the many issues and opportunities involved in making their investment choices reflect their faith-in-action. A unique collaboration of voices from multiple Christian denominations share their experiences, perspectives, and resources, making this book an invaluable guide for church leaders who want to feel more informed and empowered. Topics include an explanation of the differences between SRI and ESG; crafting an investment policy; shareholder engagement; areas of investment such as diversity and women’s empowerment; human rights; human trafficking; climate change; social justice; community engagement; and more. Faithful Investing offers action steps for church finance directors to make the world, nation, and their local communities healthier, more vibrant, and more equitable.

Principles of Financial Management in Ministry

Principles of Financial Management in Ministry
Author: Dag Heward-Mills
Publisher: Dag Heward-Mills
Total Pages: 347
Release: 2016-06
Genre: Religion
ISBN: 1613952813

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An excellent reference on how to manage church funds - Vital Information on proper, ethical conduct for God's servants - Clear infrmation on achieving the frugal use of resources - A must-read manual for every genuine Christian leader who is conscious of deepening church member commitment. Bible students will find it a very useful working document in preparation for full-time ministry work.

The Coming Revolution in Church Economics

The Coming Revolution in Church Economics
Author: Mark DeYmaz
Publisher: Baker Books
Total Pages: 256
Release: 2019-10-15
Genre: Religion
ISBN: 1493420224

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Our entire understanding of funding and sustainability must change. Tithes and offerings alone are no longer enough to provide for the needs of the local church, enable pastors to pursue opportunities, or sustain long-term ministry impact. Growing financial burdens on the middle class, marginal increases in contributions to religious organizations, shifting generational attitudes toward giving, and changing demographics are having a negative impact on church budgets. Given that someday local churches may be required to pay taxes on the property they own and/or lose the benefit of soliciting tax-deductible gifts, the time to pivot is now. What's needed is disruptive innovation in church economics. For churches to not only survive but thrive in the future, leaders must learn to leverage assets, bless the community, empower entrepreneurs, and create multiple streams of income to effectively fund mission. You'll learn why you should and how to do so in The Coming Revolution in Church Economics.

Church Finance

Church Finance
Author: Michael E. Batts
Publisher:
Total Pages: 304
Release: 2015-02
Genre: Church finance
ISBN: 9781614079149

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Overseeing the financial health of a church is no simple task. Increased regulations, IRS audits, and changing technology are a few of the challenges facing both new and experienced treasurers, bookkeepers, business administrators and executive pastors. Church Finance, the new, ground-breaking comprehensive guide created by respected experts and CPAs, Michael E. Batts and Richard R. Hammar, gives you the confidence you need to manage every aspect of your job. From building rock-solid internal controls, to understanding the intricacies of payroll taxes and housing allowances, Church Finance is the "go-to" reference every church needs. Using straight-forward language, the authors of Church Finance delve deeply into the critical issues all churches must address-budgeting, financial reporting, tax compliance, insurance coverage and more.

The Church Money Manual

The Church Money Manual
Author: J. Clif Christopher
Publisher: Abingdon Press
Total Pages:
Release: 2014-07-15
Genre: Religion
ISBN: 1426796587

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The Church Money Manual is the most up-to-date and easy-to-use handbook for churches seeking better ways to manage finances. Brief and straightforward chapters each focus on a specific problem or issue. The book covers topics of day-to-day operation and the perennially critical themes related to church money management and stewardship. Some examples include: · Planned giving and endowment funds. · Strategies to increase end-of-year giving. · First steps for the newly-appointed pastor. · Pastors’ knowledge of donors and giving in their church. · Timing of building projects and capital campaigns. · Special offerings. · Selecting members for the finance committee. · What to do when giving is down. · Preaching about tithing.