GLC Presentation Manor Money 2014

GLC Funding Strategy

THE MAJOR QUESTION

Where will we get the money we need to make up the difference

between our income and our expenses in 2015, 2016, and

beyond?

Historically we have relied on the proceeds of the sale of closed churches to fund our

mission.

Question: Do you want your church to close so the sale of

your church can fund the mission of the GLC?

Neither do we!

4 options going forward1. Ask all churches to increase their

giving by a total of $150,000(If every church increased giving by $2,000 next year, we would be there. But, half of our churches gave less than $2,000 in 2013, and 20 of our churches gave $0 in 2013. Increasing by $2,000 next year could be difficult for many!)

4 options going forward1. Ask all churches to increase their giving by a total of $150,000

2. Ask individual donors to contribute funds to the GLC and sustain their giving in future years

(If we can find 150 people that could give $1,000 a year, then we are all set. Please submit names to Garth.)

4 options going forward1. Ask all churches to increase their giving by a total of $150,0002. Ask individual donors to contribute funds to the GLC and sustain

their giving in future years

3. Use proceeds from sale of Covenant Manor until the money is all gone

(That would give us about 5 years before we are out of money)


their giving in future years3. Use proceeds from sale of Covenant Manor until the money is all

gone

4. Use proceeds from sale of Covenant Manor for three years, while also taking steps to strengthen churches, asking them to increase giving to GLC gradually.


their giving in future years3. Use proceeds from sale of Covenant Manor until the money is all

gone

4. Use proceeds from sale of Covenant Manor for three years, while also taking steps to strengthen churches, asking them to increase giving to GLC gradually.

(The GLC Board likes Number 4! And we have a plan!)

The Plan has Two parts1. Fund the Deficit and Raise Giving

by churches in the next 4 years.

The Plan has Two parts1. Fund the Deficit and Raise Giving by churches over 4 years.

Quiz Time!What has the Covenant set as a goal for giving, by churches, to the ECC and GLC?


Quiz Time!What has the Covenant set as a goal for giving to the ECC and GLC?

Answer: 10% (ECC) and 5% (GLC) of all church income.


Quiz Time, number 2!What did GLC churches give in 2012, as a percentage to the ECC and GLC?


Quiz Time, number 2!What did GLC churches give in 2012, as a percentage to the ECC and GLC?

Answer: 4.8% (ECC) and 2.6% (GLC) of all church income.


Fun Fact for the Day:

If GLC churches gave 5% of their income to the GLC, we would take in about $1,000,000 each year!

(New car for the board chair!)


REALITY CHECK!

Doubling our giving from the local church to the GLC is not going to be easy! (or necessary!)


Two step plan1. Convert your giving to the GLC

and ECC to a percentage. (We have one church in the conference that takes the offering on Sunday, and during the week writes a check for 10% (ECC) and 5% (GLC) and sends it in. Giving first makes a difference!)



and ECC to a percentage. 2. Increase giving each year by 0.25%

of church income.Those who gave nothing, give something this year!!!!!

But what does that mean?

Big ChurchOffering - $1,000,000

Increase to GLC - $2,500

Medium ChurchOffering - $500,000

Increase to GLC - $1,250

Small ChurchOffering - $100,000

Increase to GLC - $250

For the next four years, we all increase giving by 0.25% each year

Let’s look at a medium sized church

First Covenant Church has always given $2,500 to the GLC

Year Offering Giving Percentage

2013 $200,000 $2,500 1.25%

2014 $200,000 $3,000 1.5%

2015 $220,000 $3,850 1.75%

2016 $225,000 $4,500 2.0%

2017 $220,000 $4,950 2.25%

If we all increase by 0.25% each year, in 4 years our budget should be fully

funded!

We can do this, if we all work together!

(And don’t forget to increase giving to the ECC as well. 0.5% is

a great start.)



and ECC to a percentage. 2. Increase giving each year by 0.25%

Doing this means we should be fully funded in 4 years.

(Homework for you: Go home and ask your church to do this!)

The Plan has Two parts1. Fund the deficit and raise giving by

churches in the next 4 years.2. Use $80,000 from the proceeds of

the sale of Covenant Manor in 2014 and 2015 to strengthen all of our churches in the short term, so we are stronger in the long run.

Seed Money

Great Lakes Conference

Evangelical Covenant

Church

You will be like a

well-watered

garden, like a

spring whose

waters never fail.

~Isaiah 58:11

Purpose: To tithe back into the GLC a portion of

unexpected funds after giving goals for

the year have been met from the

churches of the GLC. The seed money

will be given to the following categories:

PLANTING our leaders

FERTILIZING our churches

WATERING our pastors

Planting:Scholarships for attendance at

Leadership & Vision Casting Events for

both Lay & Clergy

Scholarship

Proposals

TLC Events

Midwinter

ECC Annual

GLC Annual

Vocational

Excellence

Fertilizing:

Strengthening financial and

leadership structures of

churches

Support Proposals

Veritas

Financial

seminars

with Jack

Nichols

Watering:

Nurturing our pastors & their

families

Support Proposals:

Pastors &

Spouses

Retreats

Contribution

to Pastoral

Crisis Fund

Christians are like manure: spread

them out and they help

everything grow better, but keep

them in one big pile and they

stink horribly.”

― Francis Chan

Questions?

Motion1. The GLC Executive Board moves that the GLC utilize proceeds

from the sale of Covenant Manor to fund GLC Budget deficits as needed in 2015, 2016, and 2017 while asking churches to increase their giving to the GLC and ECC incrementally during those years with the goal of achieving GLC ministry sustainability through the annual contributions of our Conference Churches.

2. The GLC Executive Board moves that $80,000 of the proceeds from the sale of Covenant Manor be used in 2014 and 2015 for the purpose of:a) providing scholarships to enable wide-spread participation

in TLC’s, GLC and ECC Annual Meetings, Fall Pastor Retreats and other opportunities as determined by the executive board.

b) strengthening local church ‘infrastructure’.c) providing for the Pastors in Crisis Fund.

Business

GLC Presentation Manor Money 2014