The Coffer Crunch What happens to ministry when money is in short supply? A Leadership Interview
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October 19, 1987, will forever be remembered as Black Monday in the financial world. The Dow plunged, like an out-of-control airplane, a record-scorching 508 points. In seven hours, investors lost some $500 billion in equity values. Smaller brokerages were forced out of business. Traders were let go.
What happens when a local church experiences a similar financial downturn? What exactly does ministry ...
One of the most influential men in our church looked me straight in the eye and said, "You'll never make it. Good luck!"
We had just decided to propose a three-thousand-dollar-per-week increase in our church budget. I got the uneasy feeling he was laying squarely on my shoulders the "impossible" task of meeting the new budget. My trepidation was confirmed several months later when the trustees told ...
Our financial secretary called. "Pastor, we have more bills this month than money to pay them. What do I do?"
I was young and ambitious. I had pressed the board of our small church for an aggressive ministry budget. I hadn't expected an economic downturn to thwart my one-year plan to single-handedly fulfill the Great Commission. Then I remembered the advice a board member gave me on the night I proposed ...
Crunch Time Tips on collecting pledges, funding emergencies, and financial integrity. Richard Shaw
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Questions and answers for the kinds of situations that create a budget shortfall.
Yesterday, during morning services, the building got very cold. I went to the basement and discovered the boiler was leaking all over the place. A new one would cost more than $20,000, which is something our church hardly anticipated, much less budgeted for. What's the best way to finance this?
Strapped for Cash? Ideas for helping your church raise the money it needs. Marlene Heller
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You know the third seat in the fourth pew that you've always thought of as "yours"? It's getting a little threadbare. Maybe it's time to consider purchasing new pews for your church. Or new office furniture. Perhaps your classrooms are sadly out-of-date, or the carpeting in your entrance area is holier than thou?
It's time to get down to some serious shopping. Of course, shopping is the easy part. ...
The Conn organ your church bought in 1953 is wheezing. The company that made it went out of business years ago, and repair parts are almost nonexistent. It was a great organ once, but its time is over. The church appoints a committee to decide what to do. The committee reports that a decent replacement will cost at least $10,000. The church sets up an organ fund.
Paying Less for the Same Items A savvy church can save money by purchasing what it needs for less. the editors of Leadership
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Does a local church qualify for wholesale prices on its many purchases?
Absolutely, says Carl G. Conner, former pastor of First Assembly of God in Toledo, who turned wholesale purchasing into an art form during his years in the ministry. "A church is a corporation, not an individual, and almost every item it buys in quantity can be gotten wholesale," he claims, ticking off such lists as:
Paper products: copy paper, hand towels, toilet tissue, cups, plates
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