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
Tag Archives: finance
Creating a Win-Win for Giving: Give to Your Church & Save on Taxes
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
More From Less? Two Potential Trends in Church Giving
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
How Deferred Giving Can Help My Church
By Shauw Chin Capps While most churches focus on tithing from members that brings in immediate cash, it is just as important to think about deferred giving in the form of bequests or planned gifts. The good thing about bequest gifts is that they do not impact the current cash flow of the donor. In … Continue reading
Giving Year End Stock and IRA Gifts: A Tax Beneficial Way to Support Your Church
As we near the end of 2021, members of your congregations are thinking about making charitable gifts to their churches and other charitable causes. While tax deductions are not the primary reason that people of faith give, it is a factor that most people do consider. We want to share two ways that members of … Continue reading
Keeping Church Financial Focus During the Holidays
November and December are two of the busiest months of the year for churches. The Thanksgiving, Advent and Christmas seasons add numerous activities to the typical congregational calendar that require lots of energy and focus. With so many events, worship services and holiday gatherings to juggle, it is easy to let stewardship matters fade to … Continue reading
Getting to Know The CBF Foundation: A Q&A with Foundation President Shauw Chin Capps
What is the CBF Foundation? The simplest way to describe the CBF Foundation is that it is like a community foundation. We exist to serve the CBF community. Back in 1994, the Coordinating Council of CBF founded the Foundation with the vision that we would have an entity that would focus on the sustainability of … Continue reading
General Assembly attendees to vote Friday on Governing Board proposal to adjust 2020-2021 budget process
By Jeff Huett DECATUR, Ga. – Cooperative Baptists attending the virtual 2020 CBF General Assembly will vote Friday morning on a proposal by the CBF Governing Board for a one-time delay in the preparation of the Fellowship’s annual ministry and mission budget. At 10:30 a.m. Friday, the Governing Board will ask the General Assembly to … Continue reading