Don’t begin the conversation with the expenses to cut. Instead, focus on your organization’s assets and how they can be leveraged in service of your missional impact, writes the executive director of Leadership Education at Duke Divinity.
Budget & financial management
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Values, vision and information are important for organizations seeking to band together to purchase goods and services, say experts in the field.
Many congregations have endured staff cutbacks, salary freezes and deferred maintenance in response to the recession. But one budget area that may need to be increased, even in hard economic times, is programming, recent research suggests. Take our quiz to test your knowledge of the relationship between economics and congregational health.
Think of the budget as the institution’s ecclesiological self-portrait.
If we open ourselves up to God and the Holy Spirit to show us new and creative ways to be church in hard economic times, we will be surprised not by scarcity but by abundance, says the CFO of the American Baptist Home Mission Societies.