Designed to help parishes of all sizes establish good financial management processes and policies. Experience shows that open and transparent churches engender a greater feeling of trust and willingness on the part of the donor. The policies and processes in Financial Management for Episcopal Parishes, which can be implemented by any size church, allow clergy, vestry, and parishioners to establish and document procedures that enable a financially transparent organization. The book defines the roles of the clergy, staff, vestry, and congregation and outlines what needs to be done by them to design and implement a system of checks and balances for financial oversight and stewardship, in order to protect donations and assets. Throughout the book, real-life examples of processes and procedures that did not work (and why) make for enjoyable reading of an otherwise business-like subject. Every reader will recognize some of them in their own church life.
Designed to help parishes of all sizes establish good financial management processes and policies. Experience shows that open and transparent churches engender a greater feeling of trust and willingness on the part of the donor. The policies and processes in Financial Management for Episcopal Parishes, which can be implemented by any size church, allow clergy, vestry, and parishioners to establish and document procedures that enable a financially transparent organization. The book defines the roles of the clergy, staff, vestry, and congregation and outlines what needs to be done by them to design and implement a system of checks and balances for financial oversight and stewardship, in order to protect donations and assets. Throughout the book, real-life examples of processes and procedures that did not work (and why) make for enjoyable reading of an otherwise business-like subject. Every reader will recognize some of them in their own church life.
Essential tools and guidance for effective nonprofit financial management Financial Management for Nonprofit Organizations provides students, professionals, and board members with a comprehensive reference for the field. Identifying key objectives and exploring current practices, this book offers practical guidance on all major aspects of nonprofit financial management. As nonprofit organizations fall under ever-increasing scrutiny and accountability, this book provides the essential knowledge and tools professional need to maintain a strong financial management system while serving the organization’s stated mission. Financial management, cash flow, and financial sustainability are perennial issues, and this book highlights the concepts, skills, and tools that help organizations address those issues. Clear guidance on analytics, reporting, investing, risk management, and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm’s reach. Updated to reflect the post-recession reality and outlook for nonprofits, this new edition includes new examples, expanded tax-exempt financing material, and recession analysis that informs strategy going forward. Articulate the proper primary financial objective, target liquidity, and how it ensures financial health and sustainability Understand nonprofit financial practices, processes, and objectives Manage your organization’s resources in the context of its mission Delve into smart investing and risk management best practices Manage liquidity, reporting, cash and operating budgets, debt and other liabilities, IP, legal risk, internal controls and more Craft appropriate financial policies Although the U.S. economy has recovered, recovery has not addressed the systemic and perpetual funding challenges nonprofits face year after year. Despite positive indicators, many organizations remain hampered by pursuit of the wrong primary financial objective, insufficient funding and a lack of investment in long-term sustainability; in this climate, financial managers must stay up-to-date with the latest tools, practices, and regulations in order to serve their organization’s interests. Financial Management for Nonprofit Organizations provides clear, in-depth reference and strategy for navigating the expanding financial management function.
A classic best-selling manual on Episcopalian faith for lifelong followers, newcomers, and those wishing to sample and explore the beliefs and organization of the denomination. The original Episcopal Handbook, published in 2008, was an instant classic and has been a best-seller ever since. Still providing helpful and insightful information about the Episcopal ethos with a certain amount of whimsy and complete accessibility, this revision maintains the best features of the original work, but adds an update and an expansion on the church today. This revision highlights Episcopal diversity—including more women and people of color in the biographical material—and focuses more on Episcopal, rather than Anglicans. Additions to this edition include updated illustrations, an expanded glossary, and new sections on church governance, the origins of religious belief, and a capsule summary of church history. The Handbook is suitable for use in Sunday school, confirmation classes, inquirer sessions—and for everyone from visitors to vestries.
Bookkeeping for churches can be quite different than for-profit businesses, and the other guides available cover either QuickBooks or church accounting, not both. Lisa London, The Accountant Beside You, walks you through QuickBooks for your church from start to finish, always with examples, terminology, and understanding of what a busy church administrator needs to know in a clear, concise style. With her friendly easy-to-understand style and illustrative screenshots, Lisa guides new QuickBooks users every step of the way, while her tips for how to make QuickBooks work better for churches provides new insight and procedures for even the experienced bookkeeper. Not only does she step you through how to set up QuickBooks and utilize it more efficiently for your house of worship, but she also discusses everything you need to know to implement controls and procedures to ensure that your church's money is always protected. QuickBooks for Churches covers PC versions of QuickBooks from 2012 forward and even includes what's new in the 2014 version. Lisa offers sound accounting procedures for both large and small houses of worship, for bookkeepers with years of experience as well as those just starting out. Let The Accountant Beside You take one more worry off your crowded to-do list.
Planning can be challenging in the contemporary congregation, where people share a common faith and values but may have very different preferences and needs. Much of the literature on congregational planning presents it as a technical process: the leader serves as the chief problem solver, and the goal is finding "the solution to the problem." Rendle and Mann equip congregational leaders with a broad and creative range of ideas, pathways, processes, and tools for planning. By choosing the resources that best suit their needs and context, congregations will shape their own strengthening, transforming, holy conversation. They will find a path that is faithful to their identity and their relationship with God. Resource materials are available to purchasers of the book. E-mail [email protected] for more information.
The revised and expanded edition includes new information, new teaching resources, and perspectives gained in the last eight years, as well as the General Convention resolutions of 2015. Beyond Business as Usual is full of resources for forming the vestry as a learning community. It deals with the "soft" side of leadership that enables the pastor and vestry together to journey along the leadership path. Each chapter can be read and reviewed at a series of vestry meetings or as part of a vestry retreat, and includes questions for group and individual discussion. The book also contains resources for vestries, based upon different preferred learning styles, for the formation part of the vestry meeting or retreat.
Leading experts from across the denominational spectrum offer wisdom on socially-responsible investing. Congregations and religious institutions are asking how to invest in their future and grow their endowed and invested funds, while also focusing on their values. This book will help religious leaders better understand all of the many issues and opportunities involved in making their investment choices reflect their faith-in-action. A unique collaboration of voices from multiple Christian denominations share their experiences, perspectives, and resources, making this book an invaluable guide for church leaders who want to feel more informed and empowered. Topics include an explanation of the differences between SRI and ESG; crafting an investment policy; shareholder engagement; areas of investment such as diversity and women’s empowerment; human rights; human trafficking; climate change; social justice; community engagement; and more. Faithful Investing offers action steps for church finance directors to make the world, nation, and their local communities healthier, more vibrant, and more equitable. For access to the resources noted in the book, please visit http://www.murphyjw.com.
How to break free from the personal money story developed early in life that can shape your financial future. Family experiences can define our attitudes about money even as we mature, including how we spend it, save it, and give it away. Consequently, our childhood often determines our approach to money during our entire lives. Donald Romanik, President of the Episcopal Church Foundation, helps readers discover the consequences of that money legacy, for individuals and for the churches and other organizations to which they belong.
