It’s a scenario no church wants to face. A large donor suddenly has a change of heart and demands that some or all of a significant gift be returned. Perhaps the donor is facing an unexpected [...]
There are many circumstances where a church could be asked to loan money to a member of its community. A volunteer who spends a lot of time at the church asks for help paying for medical bills. A [...]
As a church grows and acquires financial resources, managing the church’s assets can become a job unto itself. Like any organization that is fortunate enough to have extra resources on hand, a [...]
Individuals in a church’s positions of trust, like directors and officers, can be tempted to steal money or other valuable assets of the church for their own purposes. Such thefts are a form of [...]
Like any other organization, a church can run into money problems, with debts that are too great for the church to bear. Bankruptcy provides churches that are deep in the financial red with a [...]
Since its beginning under George W. Bush, the federal government’s “faith-based initiative” has offered grants to qualified religious organizations to assist them with their charitable work. The [...]