COVID-19 Reminds Us of Crucial Church Finance Safeguards
Lovett Weems says the pandemic reveals the importance of certain essential financial practices for churches. Maintaining a reserve fund, expanding giving options, and setting realistic…
Browsing: Budgets
Articles
Is Your Church Ignoring Capital Needs?
Lovett Weems says a separate capital budget can help assure adequate funding for the upkeep of a church’s property, facilities, and equipment. In starting a…
A Simple Step-by-Step Process for Creating a Narrative Budget
Church finance expert Bonnie Ives Marden says presenting your budget in narrative form provides a powerful tool for stewardship, evangelism, and marketing. She outlines a…
9 Questions to Assess Your Church’s Financial Health
Lovett H. Weems Jr. says paying attention to various indices of your congregation’s financial health is a key practice in remaining economically viable and sustaining…
What are the True Costs of Church Programs?
Are key leaders in your church covering project costs out of their own pockets? Lewis Center Director Doug Powe says owning up to the true…
Does Your Church Need a Capital Budget?
Lewis Center Director Lovett H. Weems, Jr., describes how formulating and funding a capital budget can help a church stay on top of building maintenance…
Games People Play During Budget Season
Is budget season in your church plagued with political maneuvering and game playing? Watch out for some of these common ploys that Richard J. Vargo…
The Importance of a Narrative Budget
Narrative budgeting has a critical role to play in any comprehensive parish stewardship program. Basic philanthropic theory indicates that people want their money to have…
Models for Budget Building
Churches use a variety of budget building models. No one model or combination of models is right for every church. What approach might best fit…
Remaining Fruitful in the Midst of a Financial Reset
I think the American Church is undergoing a reset. America is getting older; and the Church is even older. For a generation, expenditures have increased…
