Why Churches Need a “Rainy Day Fund”

Summer often brings a slower pace for churches. Whether it’s fewer events, vacations, or a chance to catch our breath, it’s also the perfect time to check on the church’s financial health and plan for the future. In this blog we will explore why churches need a “rainy day fund.” What Are Cash Reserves? Think […]

Properly Handling Restricted Donations and Designated Funds

Churches often receive donations earmarked for specific purposes, whether it missions, building projects, or benevolence funds. While these contributions are a testament to the generosity of congregants, they come with legal and ethical responsibilities. Mismanaging these funds can lead to donor distrust, legal complications, and potential tax issues. In this guide, we’ll dig into a […]