Creating Financially Sustainable Congregations

Creating Financially Sustainable Congregations PDF

Author: James L. Elrod

Publisher: Church Publishing, Inc.

Published: 2021-06-17

Total Pages: 129

ISBN-13: 1640652884

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How can growing churches develop a financial framework that will enhance their mission? The declining trends in religious belief and practice in twenty-first-century America are well documented, but they mask the vitality and growth experienced by many individual congregations. Unfortunately, leaders of these growing churches sometimes lack a firm grasp on what’s required for their church to maintain financial equilibrium. This is true for newly formed congregations as well as established churches. This book, which does not assume readers’ familiarity with principles of accounting or finance, will help facilitate constructive conversations between clergy and lay leaders on money matters. By describing in everyday language some of the practical issues that promote (or erode) financial sustainability, this book will remove the mystery and frustration faith communities often experience when discussing their financial challenges. What activities within the organization’s control promote long-term financial sustainability? The answers create a framework that is a prerequisite for meeting any church’s missional objectives over the long run.

Leading Financial Sustainability in Theological Institutions

Leading Financial Sustainability in Theological Institutions PDF

Author: Emmanuel Okantah Bellon

Publisher: Wipf and Stock Publishers

Published: 2017-04-24

Total Pages: 254

ISBN-13: 1498291899

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The role of theological institutions in Christian mission is likened to the crucible that shapes the hearts and minds of those leading the charge to reconcile the world to God. Nevertheless, it is also the weakest link in the chain of Christian ministry, and efforts to sustain the unique contribution of institutions have been enigmatic. So why should we be concerned about theological institutions? What if there were no theologians, missiologists, trained pastors, or missionaries in Christian ministry? What if there were no theological institutions? What if the existing theological institutions collapsed, shut down for lack of resources? How effective would the witness of the Christian church be without theological institutions in a world in need of God? Over the centuries, various models for supporting theological training have been tried in institutions, but very few of these have been successful. Time, cost, and quality of education (among others) have been the driving forces behind the changing models, and yet financial sustainability has been elusive. Only informed leadership that draws insights from historical, biblical, and practical wisdom is necessary in achieving this goal. This book is your faithful companion in the quest to achieve financial sustainability in theological institutions.

Leading Financial Sustainability in Theological Institutions

Leading Financial Sustainability in Theological Institutions PDF

Author: Emmanuel Okantah Bellon

Publisher: Wipf and Stock Publishers

Published: 2017-04-24

Total Pages: 254

ISBN-13: 1498291880

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The role of theological institutions in Christian mission is likened to the crucible that shapes the hearts and minds of those leading the charge to reconcile the world to God. Nevertheless, it is also the weakest link in the chain of Christian ministry, and efforts to sustain the unique contribution of institutions have been enigmatic. So why should we be concerned about theological institutions? What if there were no theologians, missiologists, trained pastors, or missionaries in Christian ministry? What if there were no theological institutions? What if the existing theological institutions collapsed, shut down for lack of resources? How effective would the witness of the Christian church be without theological institutions in a world in need of God? Over the centuries, various models for supporting theological training have been tried in institutions, but very few of these have been successful. Time, cost, and quality of education (among others) have been the driving forces behind the changing models, and yet financial sustainability has been elusive. Only informed leadership that draws insights from historical, biblical, and practical wisdom is necessary in achieving this goal. This book is your faithful companion in the quest to achieve financial sustainability in theological institutions.

The Realities of Money and Missions

The Realities of Money and Missions PDF

Author: Jonathan J. Bonk

Publisher: William Carey Publishing

Published: 2022-03-21

Total Pages: 517

ISBN-13: 1645083055

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Integrity, Viability, and Accountability Perhaps there is no greater challenge in missions than money. Paul reminds us, “For we are taking pains to do what is right, not only in the eyes of the Lord but also in the eyes of man” (2 Cor. 8:21). Money sufficient to assure the viability of one’s life work carries with it an insidious ethical virus that can easily infect the integrity and accountability of its stewards. The Realities of Money & Missions provides a unique level of credibility and transparency as it calls for evangelicals to reevaluate their relationship with money, both personally and corporately. Global case studies, workshops, and testimonials cover a broad range of topics such as: Misalignment between fiscal theology and practice Environmental stewardship, community development, and business as mission Mobilization, fundraising practices, and “faith financing” Short-term missions, patronage, and dependency Power dynamics and structural injustice The Realities of Money & Missions was not written by experts in the fields of investment, money management, or fundraising, but by men and women whose calling as missionaries, pastors, and administrators has brought them face-to-face with the complex, real-life issues involving the intersection of money and ministry. Read on and be challenged to change

Financial Management for Nonprofit Organizations

Financial Management for Nonprofit Organizations PDF

Author: John Zietlow

Publisher: John Wiley & Sons

Published: 2018-04-10

Total Pages: 773

ISBN-13: 1119382564

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Essential tools and guidance for effective nonprofit financial management Financial Management for Nonprofit Organizations provides students, professionals, and board members with a comprehensive reference for the field. Identifying key objectives and exploring current practices, this book offers practical guidance on all major aspects of nonprofit financial management. As nonprofit organizations fall under ever-increasing scrutiny and accountability, this book provides the essential knowledge and tools professional need to maintain a strong financial management system while serving the organization’s stated mission. Financial management, cash flow, and financial sustainability are perennial issues, and this book highlights the concepts, skills, and tools that help organizations address those issues. Clear guidance on analytics, reporting, investing, risk management, and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm’s reach. Updated to reflect the post-recession reality and outlook for nonprofits, this new edition includes new examples, expanded tax-exempt financing material, and recession analysis that informs strategy going forward. Articulate the proper primary financial objective, target liquidity, and how it ensures financial health and sustainability Understand nonprofit financial practices, processes, and objectives Manage your organization’s resources in the context of its mission Delve into smart investing and risk management best practices Manage liquidity, reporting, cash and operating budgets, debt and other liabilities, IP, legal risk, internal controls and more Craft appropriate financial policies Although the U.S. economy has recovered, recovery has not addressed the systemic and perpetual funding challenges nonprofits face year after year. Despite positive indicators, many organizations remain hampered by pursuit of the wrong primary financial objective, insufficient funding and a lack of investment in long-term sustainability; in this climate, financial managers must stay up-to-date with the latest tools, practices, and regulations in order to serve their organization’s interests. Financial Management for Nonprofit Organizations provides clear, in-depth reference and strategy for navigating the expanding financial management function.

Handbook of Research on Multidisciplinary Perspectives on Managerial and Leadership Psychology

Handbook of Research on Multidisciplinary Perspectives on Managerial and Leadership Psychology PDF

Author: Johnson, Rick D.

Publisher: IGI Global

Published: 2021-01-22

Total Pages: 742

ISBN-13: 1799838129

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The subject of leadership and managerial psychology exists as a sub-branch of psychology within the fields of industrial and organizational psychology. There still appears to be ongoing debate regarding the core pathology for gaining managerial expertise in professional roles relative to having suitable leadership skills and managerial knowledge beyond the direct daily work involved in organizations. Professional organizations inherently include varied levels of sensitive human interactions, which further necessitates their management professionals to have leadership styles that are adjustable contingent on a given situation. Relative to this edited book, managerial psychology is being utilized in a way that may subsequently seek to develop a series of scientific theory principles where the focus is to develop managerial axioms that advance contemporary existing knowledge surrounding professional management logic. The Handbook of Research on Multidisciplinary Perspectives on Managerial and Leadership Psychology provides value uncovered by a collaboration of generalists and specialists who bring professional managerial and leadership opinions to light through narratives and research inclusive of fundamental theory principles that can be applied in practice and academia. This edited reference is focused on the enhancement of management research through managerial psychology while highlighting topics including business process knowledge, management in diverse discipline situations and professions, corporate leadership responsibility, leadership of self and others, and leadership psychology in a variety of different fields of work. This book is ideally designed for leadership and management professionals, academicians, students, and researchers in the fields of knowledge management, administrative sciences and management, leadership development, education, and organization development sub-branches or specialty practices.

Faith and Finance: Unlocking the Power of Churches for Lasting Impact

Faith and Finance: Unlocking the Power of Churches for Lasting Impact PDF

Author: Dee Williams

Publisher:

Published: 2023-04-30

Total Pages: 0

ISBN-13: 9780999797327

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Faith and Finance: Unlocking the Power of Churches for Lasting Impact" by Dee Williams, Audacionaire is a guidebook for traditional churches, megachurches, and black churches to unlock their hidden potential for creating lasting impact in their communities. The book identifies the challenges facing traditional and megachurch models and the importance of economic empowerment in reducing social inequality. It emphasizes the power of talent and numbers in the church, and how identifying and utilizing their talents can lead to meaningful change. The Wholistic Impact Trinity (WIT) Framework for Church Development is presented as a new model for transforming the church's impact by unlocking and unleashing its hidden potential. The WIT Funding Model for Church Development is also introduced, which combines three business models to create a sustainable funding model for faith-based initiatives. Chapter 1 highlights the challenges that traditional church models and megachurches face in funding their initiatives and making an impact in their communities. Chapter 2 explores the potential of churches and megachurches to use their resources to make a significant impact. Chapter 3 emphasizes the power of people, talent, and profit in the church and how identifying and utilizing their talents in numbers can lead to meaningful change.Chapter 4 discusses how churches and megachurches can transform their impact by embracing new models of church development.Chapter 5 discusses the WIT Funding Model for Church Development, which combines three business models to create a sustainable funding model for megachurches and other faith-based initiatives.Chapter 6 outlines what is needed to implement The Wholistic Impact Trinity (WIT) Framework and Funding Framework for Church Development and megachurch development. Chapter 7 concludes the book by encouraging readers to take action and schedule an appointment to discuss how The Wholistic Impact Trinity (WIT) Framework for Church Development and megachurch development can be implemented in their faith-based organization.Overall, "Faith and Finance: Unlocking the Power of Churches for Lasting Impact" provides a detailed roadmap for churches and megachurches to transform their impact by embracing new models of church development, utilizing their resources to create meaningful change, and maximizing their hidden financial potential.

Faith-based Grants

Faith-based Grants PDF

Author: Beverly A. Browning

Publisher: Bev Browning

Published: 2005

Total Pages: 174

ISBN-13: 9780967107332

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Both church or ministry leaders and their members are under the impression that the President and Congress have allocated millions and millions of public funds for faithbased organizations?for any purpose, religious or non-religious and that the faithbased grant tree is full of unrestricted, no strings attached ?ready to pick? fruits?also known as grant awards. In this book, my goal is to help churches and ministries across the United States?large and small, denominational and non-denominational?understand how to align institutions and congregations to receive the abundance intended under the Federal government?s faithbased grants initiative.