Issues to address immediately:
- Online giving – if you don’t have it, get it now. My currently preferred vendor is Tithely. They can get you set up in a few hours (they say they can do it in minutes but…). Then, promote the heck out of your online giving.
- Audio & video technology – This crisis has forced many churches to acknowledge their AV equipment wasn’t ready. PLEASE invest more money into this area. You won’t regret it. After this is over you’ll have really good microphones. With your video equipment, you can improve or launch an online service so that members can watch you whether they’re homebound, traveling, sick, in a retirement community, or just want to watch the service again during the week.
- Paycheck Protection Program – the $2.2 trillion CARES Act (and its related additional acts) provide churches federal money. This is the first time the US government has offered money to faith groups. Fill out the forms, work with your local banker, and get the money. If you don’t need or want the money – get it anyway. You can always
- Return the money later
- Give it to a non-profit that you partner with
- Use it for missions in your community
I think every church in the world has realized the need for those two things. These are no longer “wants” but actual needs. Yes, it will cost some money but it may be the difference in survival and closing your doors.
Lead On!
Steve
Listen to the podcast:
https://anchor.fm/cbf-va/episodes/Church-Finances-during-the-Pandemic-Navigating-the-Financial-Fallout–the-CARES-Act–and-Making-Tough-Decisions-ecfgm7