April 20, 2017
ECF’s 5 Church Finance Resources
April is financial literacy month and to help your congregation, we offer five resources to help get you started with the basics. Please share this digest with your parish leadership and extend an invitation to subscribe to ECF Vital Practices to receive Vestry Papers and the monthly digest.
3. L.E.A.D.E.R. - The Mission Driven Budget
Use the L.E.A.D.E.R. - The Mission Driven Budgettool to invite your congregation to think about the 'why' behind the ministries you engage in and use this information to help build a budget congruent with your parish's mission.
5. What About Endowment Spending Policies?
What About Endowment Spending Policies?explains the difference between the two most common spending policies, an “income-only” policy or a “total return” policy, and why it matters to your church.