Managing Church Finances

Course Overview

Setting the church on a path of growth begins with proper management of church finances. The ministry of Judas Iscariot is a serious contender in the house of God. This course would expose clergy men to the intricacies of financial management especially in a not-for-profit organization. It is an indispensible skill for Church Administrators.

Course Objectives

Participants shall be able to chart a course of growth and exhibit a firm control of the financial affairs of their respective churches.

Course Outline

• Introduction
• The Ministry of Judas Iscariot - Who  is judas Iscariot
• Factors  responsible for judas failure
• Charting  a vision and mission for the church
• What  is a church
• How  to craft a vision and mission for your church
• Your  vision and mission statements
• Converting  your vision and mission to strategy
• What is strategic planning?
• What are the benefits of strategic planning?
• What stops us from planning?
• What does the bible say about strategy and planning?
• Seeking  to achieve ministry expansion
• Strategic  groups of people to reach with the gospel
• Dangers  of strategic planning in ministry
• Strategic  plan for expanding the kingdom of our lord jesus christ
• The  discovery phase
• Situational  analysis
• The develop phase
• The  implement phase
• Example : implementing a qualitative strategy
• Quantitative objectives
• Creating  the financial plan to drive our strategy
• Mission  of a church
• The  finance team
• The  role of the pastor
• Role  of the committee on finance
• (functions and responsibilities of the committee on church finance)
• Providing  financial direction
• Incomes  of the church 
• The  budget campaign
• The  church’s budget
• Financial  communications
• Financial  reports
• Safeguards  for church funds
• Annual  audit
• Preserving  financial records
• Giving  beyond the budget
• Planned  giving
• Role  of the financial secretary
• Role  of the treasurer
• Trustees: investments of trusts, bequests, endowments & other local church gifts
• Endowments  - their place in the local church
• Local  church operating budget
• Outreach  and mission
• Local  church programming
• Operations
• Capital /building
• Local church funds beyond the budget
• Ongoing  general and memorial funds
• Other  planned gifts
• Capital  funds campaign
• Gifts  through wills
• Hints  for the offering
• Donated  property & stocks, sequel to tax requirements
• The  need for an estate plan
• End of session