Financial Best Practices for Your Congregation
Type of event: Webinar
Sponsor: New England Region of the UUA
This webinar is designed for lay leaders and religious professionals who help administer and manage a congregation’s finances (treasurers, finance and investment teams, administrators and/or bookkeepers) as well as clergy and board members who want to know more about financial management best practices.
PRESENTED BY: Rev. Karen McArthur, Congregational Finance LLC
Congregations either fully or partly rely on the time and skill of volunteers to manage church finances. These lay leaders may have responsibility for everything from bookkeeping and payroll to financial reporting and tracking restricted gifts. Leaders are expected to meet accounting and legal standards and be able to answer a range of congregants’ questions. They also have to sort out who does what: the treasurer, bookkeeper, administrator, payroll service, finance team, etc.
If you are among those in your congregation with questions about how best to handle these responsibilities, consider joining this webinar with Rev. Karen McArthur. Building on our previous webinar three years ago with Rev. McArthur, participants will be invited to view that 2016 webinar in advance, and then to gather for further clarification and additional financial topics. In the 2016 webinar, we began with congregational stories illustrating the crucial importance of these financial oversight issues, and then introduced best practices for receiving contributions, approving expenditures, and reporting to the congregation. In this new webinar participants will:
- Review roles and internal controls;
- Explore examples of restricted funds, investments and endowments;
- Describe a model a congregation can use to forecast financial sustainability over the next decade or two.
When you register, there will be an opportunity to indicate which topics are of greatest interest to you and to and submit your questions in advance.
About Our Presenter
Since 1996, Karen McArthur has specialized in financial management for churches and faith communities. Following her education at Wellesley College and Harvard Divinity School, she was ordained by the United Church of Christ in 1987 and has provided pastoral leadership for five New England congregations, most recently focusing on stewardship. In addition, over the past forty years, she has served as Treasurer of nine non-profit organizations. Her ministry is based at First Church in Cambridge, Massachusetts, UCC, where she serves as Minister of Stewardship and Finance. Rev. McArthur is available for consultation and training both in person and on-line.
Registration Fees & Resources
- $30 per individual or congregational team.
- Each registration will receive one month’s free access to the paid subscriber resources and training videos at Congregational Finance LLC as well as access to the recording of our 2016 webinar. Within one week of registration we will send a link to the 2016 webinar recording. Note, please check your junkmail for any missed emails.
- Registrants are encouraged to view the 2016 webinar ahead of this February 27, 2020 webinar. During the webinar participants will be invited to subscribe to Congregational Finance LLC with the first month free of charge.
While we know that not all individuals are in a position to pay these fees, since the learning is on behalf of the congregation, we assume that congregations will select and financially support participants who come. However, if these fees are prohibitive even to the congregation, please contact us at newengland [at] uua [dot] org. We do not want cost to keep anyone away.
JOIN US ONLINE: You are encouraged to participate in the webinar as an individual or with a team from your church. Gather in your church building or in a member's home. Your will need a computer with a camera and dependable internet access. For best hearing and viewing, connect your computer to speakers and large monitor or projector. Online meeting information will be sent to you during the week before the event.
WEBINAR INFORMATION WILL BE EMAILED TO ALL PARTICIPANTS IN ADVANCE. Please check your junk box for any missed email.
REGISTRATION CLOSES: Monday, February 17, or maximum capacity.
CANCELLATIONS & REFUNDS:
- If you or a teammate needs to cancel a registration before the event, please contact us as early as possible, by one week before the event at the latest, and a refund will be provided less a $5.00 administrative fee. Within one week of the event refunds less a $5.00 administrative fee will only be given in the case of illness or emergency. Refunds will not be available after the event for non attendance. We ask for your understanding in respecting this policy, which supports our organizational efforts and expenses.
- The New England Region UUA may need to cancel an event in the case of low enrollment. We will contact you well in advance of the event and provide prompt, full refund of registration fees.