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Florida Baptist Financial Services
Florida Baptist Retired Shepherd’s Fund Established following sale of Retirement Center
During the annual Board of Trustees meeting on March 10th-11th, President & CEO Rick Wheeler announced the completion of the sale of the Florida Baptist Retirement Center to KR…
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BCF receives $30,000 for bivocational ministers scholarship
A check for $30,000 for the Baptist College of Florida’s Bivocational Ministers Scholarship fund was presented to BCF President Thomas A. Kinchen in April by Rick Wheeler,…
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Florida Baptist Financial Services welcomes new president
Florida Baptist Financial Services will welcome Rick Wheeler as the new president and chief executive officer January 2020.
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Constitutionality of Minister’s Housing Allowance Upheld
A three-judge panel of the Seventh Circuit Court of Appeals in Chicago ruled that the minister’s housing allowance is constitutional under two landmark legal precedents, reversing…
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How pastors sabotage their financial well being
People who answer God’s call to the ministry don’t always consider financial know-how to be one of their job descriptions. But too little financial knowledge can cause ministers to…
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How Long Should We Keep Church Records-Summary
Create a records retention policy based on applicable legal and administrative considerations.
Key factors to consider in developing a records retention policy:
Establish…
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Church Records Retention: Keep These 1-3 Years
The following suggested retention periods (1-3 years) are based on legal requirements as well as practical considerations:
1-Year
Meeting notices
Receiving sheets…
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Church Records Retention: Keep These for 7-10 Years
The following suggested retention periods (7-10 years) are based on legal requirements as well as practical considerations:
7-Years
1096 and 1099 forms
941 and 944…
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Church Records Retention: Keep These Permanently
The following suggested retention period (permanently) is based on legal requirements as well as practical considerations:
Accident reports and claims
Annual budgets…
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Use of Church Facilities Assets and Resources
At the February 2015 State Board of Missions meeting, legal counsel for the Convention was asked to provide a form bylaw provision that could be used by Baptist churches around…
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