Church Finance

“When the US economy shut down in March due to COVID-19, financial predictions for churches and other ministries were dire. But a new survey suggests those predictions may have been overblown.” - CToday

“Most of the regulatory details of this act are now finished, and we have revised our original article, CARES Act Offers Forgivable Loans and Financial Assistance to Churches,’ accordingly.” - GARBC

Chuck Bentley: “For a church to be in such dire straights this early in the crisis as to require a portion of the $350 billion program raises questions about how well its leadership is communicating with their congregation and whether repaying the loan/grant inside the two-year window would even be possible.” - Faithwire

“The new stimulus bill includes churches and has implication for church staff. Please learn more before making any staff decisions.” - CToday

Related:

“Now it’s time for the generosity stage. With schedules somewhat settled and two weeks of online offerings under our belts we have both clarity and concern. Here are some thoughts on how to begin leading your generosity ministry with a focus on the offering time.” - F&T

“Electronic giving is an effective way to maintain steady income—and implementing it, even for smaller churches, shouldn’t be overly complicated. Here are four easy steps.” - TGC

“As coronavirus spreads, churches, charities, and other non-profits face declining donations and rising demand for help.” - CToday

“…information from Lifeway’s Lifeway Generosity unit about free setups for online giving as a COVID-19 response and help for the church. Follow the tweet to get the info” - SBC Voices

“As the COVID-19 pandemic forces the church to restructure worship and establish online giving, pastor Michael Cooper told Baptist Press most of his members are not accustomed to tithing and giving online.” - BPNews

“Christianity Today has been hosting an interesting debate on these issues. Paul Matzko…argued in the cover story of this month’s issue that tax exemption comes at a high a cost to the communities in which they are located….The argument is clever invoking many historical and legal details which, while factual, are misleading.” - Acton