At least annually, a financial report should be given to church in a business conference. Monthly financial reports of expenditures and receipts shall be made available. Members may review the financial records with a written request to the finance committee. The church will be responsible for maintaining adequate financial records at the church facilities. The church fiscal year shall begin January 1 and conclude December 31. The finance committee will present a budget for adoption at least one month before January 1. The finance committee will respect the intent of the donors, but the finance committee will not be legally bound by the donor's intent. While the church believes in the importance of memorial funds, the finance committee will make the final decision in the usage of the memorial funds. Love offeringsĪll love offerings must be pre-approved by the finance committee. Establishing designated accountsĪ designated fund must be established by the church before any income is received by the church. However, the designated account must be established before the church receives the donation. Individuals can give designated gifts for the ministry of the church. Members are encouraged to support the ministry of the church through regular gifts and offerings to the general operating budget of the church. The emphasis can be through a special program, sermon series, or campaign. Stewardship emphasisĪnnually, the church needs to conduct an on-going stewardship emphasis. If a financial conflict arises, the instruction in Matthew 18 should be followed as a guiding principle. Ultimately, the church is responsible to God in the stewardship of its funds. "Having land, sold it, and brought the money, and laid it at the apostles' feet." Acts 4:37 (KJV) The financial responsibility of the church is to be a wise steward of the resources God has entrusted to this fellowship. Church finances download#You may download and print a two-page Model Church Financial Policy (99 KB PDF) or view the text below. The reader should not rely upon this document as a substitute for independent legal consultation. However, such information is not intended to be sufficient for dealing with a particular legal problem, and the authors and distributors do not warrant or represent its suitability for such purpose. This document is intended to provide churches, pastors, and staff with current and accurate information about the subjects covered. Consider using this to develop your own financial policy or use it to bring your current policy up-to-date. The following is a "model" church financial policy for your church family.
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