By Rickey Letson Many congregations today are confused by whether they need 501(c)(3) status. This confusion comes through what they hear on the news, are told by denominational partners or as a result of advice they receive from people inside and outside of their church. To clear up the confusion, we talked with Jason Cogdill, … Continue reading
By Paul Baxley As 2022 came to an end, more economists were predicting that the national and global economies would experience a recession. There is no agreement on exactly when such a recession will begin in the United States, how long it might last or how intense it will be. But the consensus is strong … Continue reading
Por Paul Baxley A medida que el 2022 llegó a su fin, cada vez más economistas predecían que la economía nacional y global experimentaría una recesión. No existe un acuerdo de cuándo exactamente tal recesión comenzará en los Estados Unidos, cuánto pudiera durar o cuán intensa será. Pero el consenso es claro. Una gran cantidad … Continue reading
By Rickey Letson A dear friend shared a box of books with me recently. He is at the end of his professional career and had been doing some cleaning and down-sizing. In the process, he had gathered some items from his library that he thought I might like to have. As I thumbed through the box, one … Continue reading
June 13, 2022 By Jeff Huett Lea la narrativa del presupuesto en español aquí. DECATUR, Ga. – Cooperative Baptists attending both the in-person and virtual General Assembly experiences June 28-30 will vote on a budget proposal approved by the CBF Governing Board that shows significant increases in revenue and expenses due to the anticipated spending of … Continue reading
By Shauw Chin Capps CBF Foundation began in 1994 with the goals of stewarding funds for CBF Global, CBF state and regional organizations, CBF partner churches and partner organizations. Presently, we are proud to have more than $62 million under management. Both CBF and CBF Foundation exist out of a deep desire to partner with … Continue reading
By James Jordan The Merriam-WebsterDictionary defines transparent as “free from pretense or deceit: frank; easily detected or seen through: obvious; readily understood and characterized by visibility or accessibility of information especially concerning business practices.” What does transparency of financial matters have to do with a church? Everything. People join organizations they perceive are successful. They leave them because of … Continue reading
By Rickey Letson, CBF Congregational Stewardship Officer When I was a pastor, I always dreaded seeing the January church financial report. The first month of the year was almost always our worst month from a giving perspective. In our church, only July rivaled January for the top spot in the list of low giving months. Each … Continue reading
By Shauw Chin Capps, CBF Chief Development Officer & CBF Foundation President While getting a tax deduction is not the sole motivation for most people who give to their church, research suggests that it has always been an important factor for all types of charitable giving. If we can create a win-win for both the church … Continue reading
By Rickey Letson Perhaps the most unexpected element of church giving over the past two years has been just how well many congregations have fared despite the effects of COVID. Without question, not every church has weathered these two years in solid financial shape. But many congregations have done exceedingly well and, in some cases, have had … Continue reading