Adopted by the Church Council on April 19, 2016

Church Financial Policies are tools to help the church comply with increasing federal and state government guidelines in operating nonprofit organizations. Also, church financial policies can help churches avoid church conflicts by providing well-written and understandable church policies on financial matters. Finally, church financial polices help establish a clear Biblical basis in handling the financial resources God has provided a congregation.

Adoption and Amendments:
Church financial policies should not be included in the church’s constitution or by-laws. The church financial policies should be adopted by a simple majority vote at any regularly scheduled Congregation Council (hereafter referred to simply as “Council”) meeting. Likewise, the church financial policies can be amended, deleted, or added by a simple majority vote at any regularly scheduled business conference.

This document is intended to provide churches, pastors, and staff with current and accurate information about the subjects covered. However, such information is not intended to be sufficient for dealing with a particular legal problem, and the authors and distributors do not warrant or represent its suitability for such purpose. The reader should not rely upon this document as a substitute for independent legal consultation or Internal Revenue Service and Minnesota Department of Revenue instructions.

Peace Lutheran Church Financial Policies