Thursday, March 26, 2015

The Sources Of Church Financing

By Lelia Hall


A good number of churches across the globe belong to the community and they play a big part in provision of facilities. They act as a major venue for volunteering activities whereby most of them are used for counseling people on issues of drug and alcohol abuse, finance and debt, homelessness, parenting and health. Therefore, church financing is very important in improving the service provision hence making better facilities.

The importance of providing amenities such as toilets and kitchens and improved access for members of the public is recognized as a key way in which churches can remain integrated in the local communities. This will enable it to meet the special needs of these communities to avoid under using of facilities.

Funding for churches help to enhance repair and alterations activities in order to rekindle the initial use of this property. Once the repair works are finished, the stakeholders can come together and solve their problems and spend some time together. The ability of a church to hold conferences is dependent on whether the necessary facilities such as catering are there.

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.

When it comes to external financing, grants tend to be the most common despite the fact that they usually involve lots of paper work for credibility purposes. The community have to show how committed they are to the project by giving direct donations as this will assure the organization of substantial progress. Some companies may have an interest in a specific build of your project and decide to fund it.

The community around you that must not be members of the congregation can widen the net of the money intended to be raised by engaging in events organized by the church. National lottery is another source despite its controversial nature. People may have different opinions concerning it hence the importance of the issue to be thought over together. A loan can also be sought is supposed to be paid back within 10-20 years.




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