Tag: General Council on Finance and Administration
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.
GCFA reports uptick in giving
Encouraging news. COVID-19 has left a mark on giving to denomination-wide ministries. GCFA, however, is happy to report a slight rebound in July.
CARES Act offers churches a boost
Though ministry needs are on the rise, giving is down as sanctuaries across the country are filled not with people but with empty pews. The Cares Act includes support for… Continue Reading CARES Act offers churches a boost
US membership dips below majority
United Methodist leaders project that at the present time at least half of the denomination lives outside the United States. However, the US delegates to GC 2020 remain in the… Continue Reading US membership dips below majority
Membership counts an important metric
Church membership data plays a critical role in denominational decision-making. Heather Hahn explains how church leaders gather the information and the role it plays.
Wespath announces court ruling
On March 18, 2019 Wespath announced that the Appeals Court rules clergy housing allowances do not violate the Establishment Clause of the Constitution.
What UMC budget cuts mean for ministry
UMC general agencies are looking at what a planned budget cut of more than 20% will mean for their work, their staff and the people they serve.
Report looks at the UMC today
During this season of change, this 2018 State of the Church report shows that “the mission is yet alive.”
Finance board holds on budget cuts
Despite a request to reconsider, the board of The United Methodist Church’s finance agency is moving ahead with planned cuts to the denominational budget.
GCFA approves change in apportionment formula
The board of The United Methodist Church’s finance agency approved changes to apportionments that would cut more than $105 million from the 2021-2024 general church budget.