We’ve been talking more lately about how deposits at ECCU are used exclusively to support member ministries. One of those ministries is the Denver Rescue Mission (DRM). Here’s a story of how God used the DRM in a significant way over Thanksgiving.
The DRM is as close to the intersection of the economic downturn and increased physical needs as any ministry. Their programs provide life-sustaining support to hundreds of people every day. And if you caught the ABC World News with Diane Sawyer on November 19, you saw just how abundantly God provided for people’s needs through one DRM program—its annual turkey drive. [read more]
The question is unavoidable this time of year: “What are you thankful for?” While it may seem routine at times, something wonderful happens when we really stop to think about it. We become thankful.
While this year has been marked with challenges, I am overwhelmed with gratitude when I reflect on the blessings in my work and ministry. Here are just a few that come to mind: [read more]
I’ve taken some informal polls at ministry financial management events asking “Do you budget income or expenses first?” Typically, responses are split right down the middle.
While I can’t say one approach is categorically right and the other is wrong, there are some compelling reasons to project your income before budgeting for expenses. [read more]
We live in an acronym-loving world. Nobody ever just laughs anymore, we LOL. And if you need something in a hurry, it’s ASAP. We bankers are no exception; we love a good acronym as much as the next person.
So, what I have to say is important, but it requires a bit of an acronym-tutorial for you to follow. Consider this your official cheat sheet: [read more]
Outreach magazine’s recent “100 Largest and Fastest-Growing Churches” special issue is loaded with statistics, facts, and figures. One article, titled “Learning from the Great Recession,” offers Leadership Network survey results that reveal “how churches have fared and responded in the economic crisis.”
One question asked: What shifts have churches made in their operations/budgeting/stewardship during the current “Great Recession” that they will likely continue even if the economy recovers? From a list of 10 options, here are the top four answers: [read more]