Tag: General Council on Finance and Administration
UMC faces financial, structural realities
On the final day of the 2024 General Conference, delegates passed a general budget for the next quadrennia with a bottom line that could change depending on how high collections… Continue Reading UMC faces financial, structural realities
Church statistics due February 2
Annual statistics from local United Methodist churches related to membership, attendance, and finances are due February 2.
Bishops call for General Conference in 2026
The Council of Bishops is recommending an additional church meeting in 2026 to reestablish connection and recast the mission and vision for the UMC.
Guide offers discounts, resources for ministry
The General Council on Finance and Administration has released its updated Ministry Resource Guide, a free resource for United Methodist churches and ministries containing special offers, discounts, and programs from… Continue Reading Guide offers discounts, resources for ministry
Denominational giving drops for 3rd year
The decline in UMC giving comes as COVID-19 continues its menace and a possible denominational separation is on the horizon.
Leaders consider the UMC’s bottom line
For now, leaders of the General Council on Finance and Administration propose cutting the budget for denomination-wide ministries by nearly a third, starting in 2023.
General Conference plans move ahead
The Commission on the General Conference is monitoring vaccinations, VISA availability, and virus related travel restrictions around the world as they continue plans for a 2022 meeting of the law-making… Continue Reading General Conference plans move ahead
U.S. bishops take on expanded roles
Just as Bishop David Bard has taken an interim assignment in Minnesota, other U.S. bishops are receiving additional conferences to shepherd as of September 2, 2021.
Finance board gets update on giving
The General Council on Finance and Administration learns of volatility in apportionment giving across the connection. Collection rates in the first quarter varied widely among the seven general church funds.
Estimating financial impact of exits
Financial forecast … a survey of conferences projects that a 20% decline in local church net expenditures will result in about $41 million less in requested apportionments by 2024.