Back in late 2007, Senator Chuck Grassley wrote to six media-based ministries asking for responses to questions about ministry governance, expenses, and executive compensation. Interestingly, only two of the six ministries agreed to participate. While I’m sure the four ministries that didn’t respond believed it was the best decision, as someone “in the business” it troubles me that they may lack the transparency critical to operating a healthy ministry. [read more]
What is the one area that we see derail more ministries than any other? I’m sure you’ve already guessed that it has little to do with macro economic conditions or the weather.
In good times and bad, the area that poses the greatest threat to ongoing success in ministry is a loss (or perceived loss) of integrity.
Here are three steps you can take to ensure that your ministry keeps—and strengthens—its financial integrity. [read more]
I recently ran across an article in Leadership Journal that posed this question: Should pastors know what people give? I wanted to hear more on the subject, so I did a little research of my own. [read more]
The difference between banks and financial cooperatives like ECCU isn’t a topic that usually attracts a lot of attention. Well, I couldn’t ignore an article in the most recent issue of The Christian Century titled “Where’s your church’s money?”
It starts by introducing the Move Your Money project, which urges “people to move their money from scandal-ridden megabanks to local institutions” like community banks and credit unions. [read more]