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Hello Reader , Here's a quick weekend challenge for your church's leadership team. Before the year ends, review three safeguards: 1. APPROVALS: Who authorizes spending, and are the limits clear? 2. OVERSIGHT: Does someone independent review account activity? 3. RECORDS: Can your church locate the documentation behind important financial decisions? You don't need to overhaul everything at once. Start by identifying one process that could be clearer. A helpful question for your next board...
Hello Reader , Churches are called to steward resources faithfully. That responsibility includes having practical systems that protect the congregation, its leaders, and the ministry. As you prepare for year-end, consider these questions: • Can the same person initiate, approve, and reconcile a transaction? • Who reviews bank statements and financial reports? • Are spending and reimbursement approvals documented? • Does the board receive timely, understandable financial information? • What...
Hello Reader , When it comes to making important decisions at your church, who really has the final say? Is it the pastor? The board? The congregation? And more importantly, is your church's leadership structure actually working the way it should? Tomorrow, we're kicking off our new Faithful Foundations Legal Briefing Series with a conversation every church leader should be part of. Pastor, Board, or Congregation? Who's in Charge? Tuesday, October 27 | 12:00 PM ET Join me, Erika E. Cole,...