How many times have you been at a church meeting where you are discussing a great ministry opportunity, but there’s no money available for it…except for the money in that one fund? Most churches have that pot of money whose purpose is not written down but is actually embodied by the committee that has historically controlled the money. That’s not healthy. It becomes a control issue instead of a stewardship issue.
Sheri Meister, Barb Brower, and I talk about how to properly setup funds and how to work with the church to rediscover the purpose of old funds. We believe the donor gave the money to bless the church…not divide the church. We hope this helps you find new opportunities for some old money.
- Presentation Slides: https://www.dakotasumc.org/media/files/old/00/Conference/Finance/StewResrces/Old_Money_New_Opportunity.pdf
- Defining Reserve Funds: https://www.dakotasumc.org/media/files/old/00/Conference/Finance/StewResrces/Managing_Long-Term_Funds.pdf
- Managing Endowment Distributions (Excel): https://www.dakotasumc.org/media/files/old/00/Conference/Finance/StewResrces/Manage_Endowment.xlsx
- Gift Acceptance Policy (Word): https://www.dakotasumc.org/media/files/old/00/Conference/Finance/StewResrces/Gift_Acceptance_Policy.docx