Author: Jeff Pospisil

Having been enmeshed in the church financial world since 2003, I'm trying to share some of what I'm learning. I'm also happily married with three kids. Weekly I forget my age to play co-ed volleyball.

How churches can apply for the Paycheck Protection Program

The Paycheck Protection Program and is run through the Small Business Administration (SBA). All the guidance I have at this point makes me believe this applies to churches…many of whom are struggling financially because of the pandemic. There seem to be very few strings attached…you just need to be struggling financially because of the pandemic.…

Does the Church need a Car?

About a decade ago, Elmer Brinkman basically donated his 1998 Toyota Corolla to the Conference. That was our first fleet vehicle. I knew it would save us a ton of money. Before this, we reimbursed mileage at the IRS rate whenever someone had to travel for work. I was so proud of it, I actually…

Donating Farmland to the Church

In the Dakotas, many of our churches are connected to agriculture. We have members that our farmers, retired farmers, and/or children who inherited farmland from their folks. The scary thing about farmland transactions is the tax basis. Most farmland has been held for decades so the tax basis could easily be $100/acre or less. If…