TO: All Interested
FROM: Jim Bramer.
RE: Businessmen serving on the Board's
"Finance Sub - Committee" Originated in May 2010
Today's "FOR WHAT IT IS WORTH" Editorial
Since most successful Christian Businessmen (either male or female) are in the forefront as leaders, they frequently are asked to serve on the �Board of Leadership/Directors� of a �Christ-Centered Ministry� --- examples are: Churches, Mission Organizations and Christian Schools, etc. Further, since they are usually �finance savvy�, they are often asked to serve on the "Board�s Finance Sub-Committee" that I like to call the Ministry Finance Team - MFTeam) ---- whose responsibilities are referenced when you Click Here and also Here
As they serve in such a capacity they soon discover that finance management at � Christ-Centered Ministries� is quite different from the way they manage their own business. Especially when it comes to handling money like Designated Donations or money that is assigned by the Board for special purposes � or the handling of Ministry Events money that are mostly funded by participants. All of these unique monies require special administration as they are NOT available for the ordinary operations of the Ministry.
We believe that these "Businessmen" benefit by having access to some Online Tools/Resources along these lines as they take the necessary time to better prepare themselves to effectively serve. For example, we recommend that each one goes Online and views/digests the contents of such resources as the following:
>> View the contents of this free WebBOOK and capture what is of interest to them.
>> Examine Information about the overall topic of �Fund Accounting� at such Ministries.
>> View information about a written �Finance Policy and Procedures Manual� and
ultimately conclude what needs attention at your Ministry.
>> Note examples of financial reports:
-- Weekly Reports that answers this question: �Do I really have money
to spend this week in my area of the Ministry?� We trust this
WebBOOK under construction will ultimately provide help in
answering such a question.
-- List of examples of periodic reports via the software known as
QuickBooks (QBs) when you Click Here
-- The one-page condensed Ministry overall year to date �Big Pix�
report when you Click Here
>> Dialog with a new Treasurer at a Church when you Click Here
>> Read these �Self Exam� resources and conclude what weak areas that need
>> Our list of Truisms (Ministry Finance Principals) and our Glossary might also
be of value.
Our prayer is that each �Christ-Centered Ministry� will fully utilize what such valuable "Christian Businessman" have to offer as they meaningfully serve the Lord there in such significant leadership capacities.
Let us know at Jim@bcidot.org or Brad@rpfin.org if you have any questions.
K E E P L O O K I N G U P !!
Click here for a list of of our "For What it is Worth" Editorials or Online documents.
UPTD: June 08, 2012
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