Capital Campaign
- Definition: a multi-year fundraising church-wide event
- Results:
- Minimum: Held every 5-10 years
- Purpose: Raising money for a church need (a building, debt reduction, etc) and maybe an intangible goal (a missions project or missionary support)
- Consequences:
- Capital campaigns are additional times to do member education about stewardship and generosity
- Capital campaigns are opportunities to receive input from members and to cast vision for the future of the church
- If these are too infrequent, the church can have
- Complacency by members about their roles in the church
- Deferred maintenance on the church facilities and church’s vision
Now What? So What?
- Compare your church’s financial ratios to the optimum range for each ratio.
- Develop a 2-3 year plan to bring your ratios in line with best financial practices.
Lead On!