The Finance Committee wants to clarify the purpose and use of our new designation lines on our 2016 offering envelopes.
Broadway Church continues to practice sound stewardship in receiving, managing, and spending funds given as tithes and offerings. Accordingly, we want to manage finances effectively and efficiently as we work together in accomplishing Broadway’s mission.
Towards this end, your Finance Committee recognized an opportunity to streamline our accounting process, which reduces costs and simplifies weekly, monthly and annual accounting procedures.
What did we change? We merged our Current Expenses, Missions and Building Fund from three accounts into one General Fund. Accordingly, we re-labeled the line item categories on the envelopes to reflect that. Now, a gift marked under “General Fund” covers everything on Broadway’s annual budget. A gift marked “Monthly Missions” supports Broadway’s announced monthly mission projects. A gift to either of the other two lines supports Broadway’s non-budgeted ongoing accounts such as a Sunday School class fund or a
short-term need such as the sanctuary renovation or the projector fund. Please write which fund you are supporting along with your designated gift amount on the line on your envelope. Thank you!
Below is a list of the advantages:
If you have any questions regarding the envelopes please do not hesitate to call me. Thank you for financially supporting Broadway Church, along with your time in various ministries. Praise God for His faithfulness!
Chairman, Finance Committee