Creating financially sustainable congregations /
Elrod, James L.,author.
"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"--
Includes bibliographical references (pages 113-117).
Terminologies and typologies -- Church financial statements -- Capital, capitalization, capital formation, and endowments -- Budgets and budgeting -- The philanthropic landscape -- Generational considerations -- Managing crisis -- Sustainable church.
"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"--
Church finance.