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10-Minute Treasurer

Foundation Series: Conflict of Interest and Amendments

by Jeff Pospisil • July 1, 2022 • 0 Comments

The seventh and final post in the series on church foundation focuses mainly on how to amend the foundation’s bylaws. Hopefully throughout this series, you’ve picked up some good ideas on how to improve how your foundation is organized. I have never seen bylaws or articles of incorporation without a way to amend them.

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10-Minute Treasurer

Foundation Series: Fiscal Matters and Indemnification

by Jeff Pospisil • June 24, 2022 • 0 Comments

When it comes to a church foundation, good financial controls and records are must. As I continue walking through the template governing documents for a church foundation, I look into financial and legal issues to think through.

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Random Churchy Stuff

Sometimes you can be too cheap…almost

by Jeff Pospisil • June 21, 2022 • 0 Comments

So…I almost learned a lesson about being too cheap. At Annual Conference, I almost ended up paying way more because I was trying to be cheap. Almost. Instead, I ended up with a pretty good story.

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10-Minute Treasurer

Estimating Cost of Disaffiliation

by Jeff Pospisil • June 17, 2022 • 2 Comments

I’m always looking for a reason to create a new spreadsheet. Since I’ve received a lot of call and emails asking me to run the numbers on disaffiliation, I figured I would create a spreadsheet to help churches estimate their own cost of disaffiliation in the Dakotas UMC.

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10-Minute Treasurer

Foundation Series: Reporting and Use of Assets

by Jeff Pospisil • June 17, 2022 • 0 Comments

Money is such a tricky thing. It can make you feel important and powerful. The same is true for a church foundation. The policies I go over in this week’s video help fight the tendency of money to warp our perspective.

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Random Churchy Stuff

Ode to Jeff by Sheri Meister & Rebecca Trefz

by Jeff Pospisil • June 12, 2022 • 0 Comments

This week was my 15th and final Annual Conference as conference treasurer for the Dakotas UMC. There were a lot of great moments, but one of the best was when my good friends and co-workers shared a tribute called “Ode to Jeff.” I embedded the video in the post.

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10-Minute Treasurer

Foundation Series: Receiving Donations & Managing Funds

by Jeff Pospisil • June 10, 2022 • 0 Comments

What are the key functions of a church foundation? Receiving gifts, investing, and honoring donor restrictions would probably be near the top of the list.

As I continue my work on church foundations, I dive into this section of the governing documents.

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The heart of JCT Accounting is to help churches and nonprofits improve their financial future primarily through relevant and practical teaching/coaching.

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