Wednesday, March 25, 2015

The Sources Of Church Financing

By Lelia Hall


Most churches in the world are owned by the community and play an increasingly big role in providing the community with facilities. They are significant venues for volunteering with many being used for counseling purposes on matters such as homelessness, drug and alcohol problems, finance and debt, parenting and mental health. Church financing is therefore necessary in making improvements on facilities that are essential to the congregation.

For the community to remain fully integrated into the church, amenities such as kitchens, toilets and easy access to the members of the public are important ways of doing so. This will increase the possibility of the needs of this community being met and eliminate chances of under using of facilities.

Another benefit for funding for churches is seen when repairs are done on damaged property to enable the building serve its purpose better. As soon as the repair activities are over, the community can come together and discuss issues affecting them as well as spending time together. For a church to hold conferences, there ought to be necessary facilities such as those of holding catering operations.

There are two broad categories of funding namely; internal and external. For the internal one, it wholly relies in the commitment on the congregation to give and raise funds. A request for regular donations on a monthly basis can be run by the leaders which depends on peoples focus towards the goals. Members can also organize their own activities that they can do individually to raise funds such as singing and marathons.

Auctioning of promises by members of the congregation can be done where they offer their time and skills in doing things like babysitting and baking for money. Formation of online giving systems by the use of inspiring slogans can be used hence making the internet a tool. This method can reach several people in a short time therefore very effective.

In addition, the community can also offer paid services to the public to raise other funds such as cleaning, washing, cooking and ironing. The members can also identify unwanted personal items and put them up for sale with one member managing the sales on behalf of the rest. The community in some instances can decide to dispose of a building they no longer have use for or need to raise funds. Members who have access to capital can also lend the church at low interest or none at all.

For the external funding, grants are the most common although they have a lot of paper work. Giving organizations will demand to see substantial progress being made in terms of direct giving as this shows commitment to the project. Commercial funding is another source of giving where companies that may have interest in a particular element of your building they fund it.

The church can also organize events that will involve public members that must not be among the congregation in order to widen the net money to be collected. National lotteries can also be used although they are considered controversial hence the need to think it over together. A loan can be another source; it should not exceed a paying period of 25 years.




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