Articles for tag: Church Financing

Higher, Faster, Stronger, Smarter

Compiled by Renee Little Four church leaders who have worked with or are working with The Solomon Foundation on building projects offered to share their experiences. Here’s what they had to say. HIGHER Chad Goucher, The Refinery in Phoenix, Arizona Many times in my life I’ve felt as if, from a leadership perspective, I was hitting my head on the ceiling. I knew there was something “higher,” something more, something I couldn’t tap into on my own. As a pastor leading a church charged with helping people find and know Jesus, being able to break through that ceiling and finding

IN THE ARENA: Should Churches Embrace and Utilize Debt? (YES)

By Matt Merold There are benefits that come when a church uses debt. Rich and wise Solomon, who wrote some of the strongest warnings against debt, took out a 20-year loan of sorts to help build God’s temple (1 Kings 9:10, 11). Certainly the Bible cautions us about being in debt. Scripture describes what may happen if we borrow money and fail to pay it back. Most of the counsel about financial debt in Scripture paints a picture of the rich exploiting the poor. However, it doesn’t say much about those who calculate the cost, take out a loan, and

Church Loans, Risky Loans?

  by Darrel Rowland It”s not weakness in the stock market or real estate sales that concerns Doug Crozier the most about whether churches can repay their loans from the Church Development Fund.  It”s weakness of the flesh. “This current economic scenario scares me, but my biggest risk in making loans to churches is moral failure in the pulpit, not economic bad times,” says Crozier, CDF president. The Church Development Fund, based in California, currently has about 450 loans worth $650 million for Restoration Movement facilities in 41 states. Most are church buildings, although the list includes a handful of

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