Explains why stewardship doesn’t end with giving of the money: Must ask (research) tough questions:
What is the mission of the organization?
Does its spending priorities match (as closely as possible) the mission?
Is the organization transparent with its finances: Can the donor readily access statements such as last year’s Income and Expense Statement, A current Balance Sheet, an this year’s budget? Is this information available on the organization’s website (if not why!)?
Are Generally accepted accounting principles (GAAP) followed?
Are the books annually audited by a organization (like an accounting firm) external to that organization? Is the audit information public? (The EBM disaster is a case to point!)
Is the organization accountable to the some external integrity organization? (like the ECFA)
Conclusion: Give with the heart … but also with the head!
Discussion
NewVery powerful statement by D
Very powerful statement by D.A. Carson.
NewExplains why ...
Explains why stewardship doesn’t end with giving of the money: Must ask (research) tough questions:
Conclusion: Give with the heart … but also with the head!
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Jim's Doctrinal Statement
NewExample organization
Baptist Haiti Mission
While not an ECFA member, provides good financial transparency
http://www.bhm.org/about-us/annual-financial-report/
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Jim's Doctrinal Statement