The job of the committee on finance is to identify, perfect, and manage the finance system for the congregation. The finance system is the processes of raising, managing, and dispersing the finances so that the mission and vision of the congregation can be achieved (Guidelines, p. 6).
The Bible speaks frequently about money and wealth and emphasizes the importance of generous giving (see Proverbs 22:16; 2 Corinthians 8-9), wise investment (see Luke 16:10-13); debt management (see Proverbs 21:20; 22:7), prudent fiscal oversight (see Luke 12:13-21; Acts 4:32-35); and appropriate attitude (see 1 Timothy 6:10)….Whatever income and expense is generated by the church is ultimately for the work of ministry.
A critical component of this ministry is recognition of the historic differences between Christian stewardship and funding ministry. Funding ministry, often called “fundraising,” consists of the varied tasks associated with gathering funds to enable ministry to take place. Underlying and supporting these tasks, however, is the conceptual discipline of stewardship. In our tradition, we understand ourselves as stewards who respond to our giftedness. It is this balance between the “what” (fundraising) and the “why” (stewardship) that is the genius of Wesleyan financial leadership
1. Provides financial direction for the congregation and regularly reports to the church council and to individual members.
2. Recommends an annual budget to support the mission and ministry of the church.
3. Develops plans for the annual funding program to ensure that the financial needs of the church are met.
4. Arranges for the annual audit of church financial records.
2015 Chairperson: Jim Everett
ENDOWMENT AND PLANNED GIVING COMMITTEE
This Committee will stress opportunities for members and friends to make provisions for making endowment
gifts to local United Methodist churches by outright gifts, life income annuities or trusts, life insurance or
bequests. This committee will set the spending policy on all money given to the Endowment Fund.
2015 Chairperson: Doug Goddard