Description
This article lists supporting congregational mission through alternative sources of income beyond an annual giving or stewardship campaign. SteepleMate suggests 7 creative income sources that would align with the congregation's mission, such as renting space or groups for community events, applying for grants, selling merchandise, operating an in-house business, or establishing an endowment. The article also provides insight into important elements of a pastoral financial "toolbox," a list of tools and support necessary to make congregational financial management successful.
Features
- Quick read
- Practical examples
- Scriptural references
- Key takeaways
Practical Applications
- Clergy and financial boards can use the information in this article to brainstorm revenue options to meet short-term or long-term fundraising goals.
- Financial and budgeting boards, in conjunction with building and grounds teams, can explore the feasibility of facility rental for wider philanthropic or community events to provide an ongoing income stream.
