With the stock market being so volatile over the last year, what alternatives can a church invest in and get a great return? I give you some cheap investments that churches can make and likely multiply their money.
The Balance Sheet is an important tool if you want to understand your church’s financial strength and potential. Sadly, it’s also one of the most neglected. In this week’s offering, I give an overview of the Balance Sheet as well as five key questions you should be asking.
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.
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.
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.
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.
In my church foundation series, I look at Officers, Meetings, and Committees. Again, a huge thanks to Grand Forks Wesley UMC for sharing their church foundation’s bylaws. There are a lot of seeming small but impactful decisions to make in this area that I go over.
JCT Accounting Co 