Sunday, 22 March 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.

Important amenities such as catering and toilets have to present to ensure that the community remains integrated into the church as well as ease of access by the public. To avoid under using of the resources available, the above needs to be done in order to meet the necessities of this community.

Another need for funding is repairing of old buildings and items to increase their ability to serve the people better. After the repairing activities are complete, the people can now come together and talk about issues affecting them as well as spend time together. A church cannot hold events such as conferences if catering facilities are not present.

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.

Still on internal means, action of promises which involves offering your time and skills to raise money which could be anything from babysitting and baking. The internet can also be useful when people set up online giving systems that use slogans. This can be used to reach many people as the internet is widely used and news spread faster.

Additionally, the congregation can offer paid services to the public such as cleaning, washing, cooking and ironing to add to the basket. The members can also sell their personal unwanted items to raise money with one of them being in charge of these sales on behalf of the others. In other situations, these communities can unanimously decide to dispose of a building that they own. Some members could also be allowed to access loans that they are to pay with interest in order to invest the money collected.

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 net of the money to be collected can be increased by the church organizing events that will involve other members of the public other than the congregation. National lotteries are used though not very common due to their controversial nature hence the need of thinking over the matter together. A loan can also be secured by the church that should have a payment period of between 10 to 25 years.




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