I recently read that over 90% of church budgets are created between Oct. 1 and Dec. 31 each year. Since most churches operate their fiscal year as the calendar year, that statistic makes sense. Given that fact, it seems appropriate to post some budgeting tips over the next few weeks. One frequently asked question is, What are the most common allocations for ...more
In 1995, the Baptist Builders Club board of administrators agreed to increase the amount a GARBC church could request for a grant or interest-free loan. Back then the amount was increased to $15,000. Since that time, inflation has increased, but the amount of financial assistance a church could request has not.
In their spring 2014 meeting, the administrators prayerfully considered churches' ...more