Donors often restrict the charitable gifts they make to a church or other charity. These gifts can be very effective in funding the charity s projects or other specified causes. The donors have the satisfaction of knowing the gift will accomplish certain of their charitable objectives. Donor-imposed restrictions create specific responsibilities for the recipient ministry to comply with ethical practices, generally accepted accounting principles and ECFA Standards. Since funds raised under the deputized fund-raising approach are often considered restricted gifts, this important topic is also covered in this book. This new book replaces the earlier 112-page version and represents the most comprehensive analysis of accounting, tax, legal, ethical, and other issues relating to donor-restricted gifts.

Donor-Restricted Gifts Simplified by Dan Busby (2007-12-14)

Dan Busby

Reference

Evangelical Council for Financial Accountability

Preparing Tax Returns for Clergy is designed for denominations, conferences, and districts to distribute to their affiliated clergy. Over 100,000 of these booklets have been provided to clergy. This popular 48-page booklet summarizes the key tax issues for clergy: Withholding and estimated taxes, the housing allowance, compensation and fringe benefits, business and professional expenses, social security taxes, and recent developments. Two complete tax return samples are included.

Preparing Tax Returns for Clergy

John Van Drunen

Transitions are often some of the most important events in our individual lives and the lives of the organizations we serve. When a transition takes place there is greater risk of something radically going wrong than is the case in our normal daily routines. In my professional career, I have observed many such disasters that can affect organizations negatively for years, if not decades. It appears that our culture is now heading into a time of significant transition and some would even say we are headed straight into a perfect storm that will radically affect Christ-centered organizations' ability to function. In a culture moving further and further from values grounded in biblical truth and morality, the "greatest" generation is moving off the scene; the massive baby boomer group (made up of many current CEOs and board members) is rapidly sliding into retirement; and a smaller pool of younger prospective leaders (often with different values) are coming up the ranks to take their place. Smooth and successful CEO selection, transition and development are key elements in relation to these changes. For more than 30 years ECFA has been committed to helping Christ-centered organizations earn the public's trust by developing and maintaining standards of accountability that convey God-honoring ethical practices. As an accreditation agency dedicated to encouraging Christian ministries to earn the public's trust, ECFA has established standards that encompass financial accountability, fundraising, and board governance. One of the core elements of ECFA's ministry is providing ongoing capacity building for Christ-centered organizations in these three areas. As the distance between the secular models of leadership and a Christian worldview increases, the need for successful transitions and training from a Christ-centered perspective intensifies. The secular perspectives are plentiful. However, little is available that pulls together professional excellence and spiritual discernment based on a biblical worldview. What is considered "Christian" is often a two-tiered view of leadership in which the Christian faith is simply overlaid on a secular premise. We believe that a Christ-centered ministry's ability to successfully manage the CEO selection, transition and development will strengthen the cause of Christ and significantly improve both the efficiency and effectiveness of many organizations. If an executive officer is poorly selected, poorly trained and operating ineffectively, the weakness can derail an otherwise powerful force for the Kingdom of God. To meet these challenges, it is essential to increase organizational capacity at Christ-centered ministries by providing their CEOs and board members with the practical skills to lead in tumultuous times. Because board governance and CEO training are so vital to the future health of Christ-centered organizations, I am delighted for ECFA to offer this book that draws on the rich experience, knowledge and spiritual insight of my friend, David McKenna. Over a period of more than 50 years, he served as president of three Christian institutions of higher education, chair of the board of two Christian universities, was founding chair of Christian College Consortium, board member of a wide range of Christ-centered organizations, and consultant for presidential searches, assessment and board development with a wide range of organizations. My prayer is that God will use this book mightily as a tool to strengthen Christ-centered organizations in their efforts to fulfill the Great Commission. Dan Busby, President ECFA

Stewards of a Sacred Trust: CEO Selection, Transition and Development for Boards of Christ-centered Organizations

Religion & Spirituality

McKenna, David L.

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