Wednesday, September 14, 2016

Finances That Work

This is a re-post from 2008: "While we have been under pressure in the present economic climate (and we have many poor members), our finances are working. In general, I’d put sound finances down to this: • solid spiritual foundations (finances are firstly an indicator of spiritual health), • constitutional process (which equals member confidence), • well ordered finances (for example, monthly statements, a Church budget), • transparency and accountability (for example, regular audits, reporting to members), • a Planned Giving Scheme, efficiently run, and • congregational control. And perhaps I should add: we receive rentals from our properties which account for about a third of our income. OBSERVATION: I have no doubt that such measures work. We saw the finances go up significantly in our Church as we applied such principles one by one (see also Urban Beginnings). At the time of this post, nearby Churches are not doing well. Our neighbouring Church recently sought to stop the electricity being turned off."

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