CREDITS This presentation template was created by Slidesgo

CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon, and infographics & images by Freepik.

Financial Sustainability

Covid-19 has brought Challenges and opportunities!

“ 30 million have sought U. S. unemployment aid since COVID-19 hit” marketplace. org

60% of Churches are experiencing a decline in giving

-01 - Gratitude and Generosity Moments

1. Giving is an act of worship 2. We give out of God’s grace and blessing 3. Ministry is possible through our giving 4. Share stories of impact

-02 - Multiple ways to Give

• • United Methodist Foundation Tithe. ly Easy. Tithe Givelify Pushpay Secure. Give Pay. Pal

-03 - Stewarding the Budget

Let’s Be Proactive!

Reduce your income projection by the amount you used to receive in cash in the plate Base future projection on just the recurring/consistent givers

Create Contingency Plans A, B, C Scenario A: 10% reduction in giving Scenario B: 20% reduction in giving Scenario C: 30% reduction in giving

Examine the essential and non-essential staff, programs and ministries Classify expenditures in three tiers and then create triggers for waves of reduction.

Send emails and letters to your congregation. Let them know about the financial reality and your plans to address the challenge

-04 - Protocols for Internal Control

Dual control is the primary tool in ensuring adequate internal control Eliminating dual control is not an option

Let’s be Proactive! 01 02 Generosity Moment Multiple Ways to Give Having a moment of Gratitude and encouraging generosity Provide multiple ways to practice generosity toward God’s mission 03 04 Stewarding the Budget Be proactive with your budget for the potential reduction in giving Protocols for Internal Using the right protocols for the Control internal control of the money

thanks! Do you have any questions? transformation@la-umc. org CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon, and infographics & images by Freepik.