Many churches have received generous and faithful gifts for a variety of needs. Often these financial gifts are designated to a specific activity or undertaking ‒ meaning the parish or cathedral created a fund to identify and restrict the use of these gifts. Some churches end up with hundreds of donations that the faithful have committed to the church’s care and expect to be spent according to their direction.
Church treasurers, finance committees, and vestry members often take on governance roles with little or no experience managing donor designated funds and can find the management of these gifts challenging, if not unmanageable. Questions range from:
How do you account for all the funds created throughout a church’s long history?
Should we implement a gift acceptance policy?
What does a church do with small balances funds?
Are there tools available to provide visibility into funds?
Join our panel of experts from Chazin & Company to learn about fund accounting for churches and hear tips on how to clean up your designated and restricted funds and implement processes to ensure they don’t get out of hand. You will leave this session understanding how you can develop a full understanding of fund accounting and make your accounting easier and more transparent.
Join us on November 2nd at 3PM EDT