Types of Giving
We believe that giving is an act of worship. People don’t give to a church, a building, or a ministry program – but to the Lord Jesus Himself. Giving is a response to the realization that we are simply stewards of what God has provided to us.
To ensure financial integrity, we have three distinct funds:
- The General Operating Fund is used for all ministry operational expenses, including ministry programming, staff salaries and benefits, general administration, utilities, etc. Unless otherwise specified, all donations are credited to this fund.
- The Building Fund is used for capital campaigns. Donors must specify this fund on their contributions.
- Other Special Funds include a few special funds, such as benevolence, that provide for special ministry needs. We occasionally take special offerings for these ministries.
McLean Bible Church is committed to financial stewardship. Our financial controls ensure financial integrity and accountability. Some of these controls include:
- Only a very limited number of staff in our Finance and Accounting Department have access to giving records. The Senior Pastor and Elders do not have access to these records.
- Elders sign almost all disbursement checks. The Director of Operations also has authority to sign checks under $100 and monthly recurring checks (i.e. electric bill), but he is the only other person who can sign checks. The Senior Pastor does not have check signing authority.
- Cash is handled by only a few members of the Finance and Accounting Department. The Senior Pastor does not have access to petty cash.
- The budget process requires multiple levels of approval. First, budgets are carefully scrutinized by our Senior Leadership Team. They are then reviewed and approved by the Board of Elders. Finally, budgets must be approved by the members at our annual meeting.
- Audits are completed annually to ensure that all financial practices are in compliance with Generally Accepted Accounting Principles (GAAP).
These controls are only part of a complete financial management system designed to ensure that we handle money in a way that honors Christ and preserves the long-term trust of our congregation.
Listen to Pastor Lon Solomon's Sermons on Stewardship
The Principle of Worship
The Principle of Investment
Some Practical Guidelines
Our Time, Energy and Spiritual Gifts