10 Things To Remember For Churches Claiming Gift Aid

By Alan Hough | 18 July 2018

Gift Aid is a long established scheme and generally well understood and used by churches.  Here is a list of 10 do’s and don’ts to help make sure you are operating the scheme well.

Read more...

Safe and Sound: Stewardship's Deposit Account

By Ruth Leigh | 23 June 2018

 

Deposit Account from Stewardship 

Stewardship’s Deposit Account is a gift to churches and Christian charities, with no setup charges, monthly interest and plenty of flexibility. One satisfied customer is Rachel Fadipe, Executive Director at SAT-7 UK.

Read more...

The 'Triple A' Series #2: What is the 'Triple A' in a church context and why is it biblical?

By Stephen Mathews | 11 June 2018

A blog from Stewardship: What is a Triple “A” rating in a church context and why is it biblical?

Alphabetical ratings have long been used in the financial sector to assess the strength of investments. AAA (better known as 'Triple A') is the highest possible rating indicating financial strength. At Stewardship, we have taken the concept of the 'Triple A' rating and applied it to churches. Here it is not a measure of financial strength but is shorthand for three attributes important for churches and church leaders to live by when it comes to handling money.

Read more...

The 'Triple A' Series #1: Why is the way the church handles money important?

By Stephen Mathews | 11 June 2018

The Triple A Series: a blog from Stewardship

Money, sex and power. Three of the most significant and enduring dangers facing churches, church leaders and Christians. Jesus spoke extensively on all three topics with many of the New Testament letters addressing unhealthy situations caused by them. Still today, modern media feasts on churches where scandals and failures arise in these areas or where Christians seem to fall below the high standards of the gospel.

Read more...

Managing the risks of making payments overseas

By Alan Hough | 11 June 2018

Risk is part and parcel of everyday life. The book of Acts shows the early church prepared to take risks as they embarked on the adventure which God placed before them. When driving in the dark, we don’t stop driving but we do turn on our lights to see better what is ahead; in the same way, taking risks does not mean that we just go on haphazardly or recklessly.  Before being accepted, risks need to be properly assessed and managed within the overall context of the role of trustee.

Read more...

Prevention is better than cure: Charity fraud and cyber security

By Alan Hough | 11 June 2018

“For most charities it is now a question of when, not if, they are targeted”. These are the sobering words of the Charity Commission speaking of fraud in their recent publication “Tackling Charity Fraud”.  Fraud is already thought to cost the charity sector around £2.3bn per year and although thankfully, fraud is still rare in churches, it is not unheard of and at Stewardship we have come across too many for trustees to become complacent.

Read more...

Three Measures of a Healthy Church - Introducing the 'Triple A'

By Stephen Mathews | 27 February 2018

At Stewardship, we want to see thriving and healthy churches all across the UK. We recognise our role is often seen as financial, and we take pride in that. However, we believe good financial stewardship is not simply about ticking boxes to please the regulators (although it’s important we do that), it’s also about transforming the culture of money within the church.

Read more...

GDPR - A heads up!

By Alan Hough | 9 January 2018

GDPR - A heads up! - a blog from Stewardship

General Data Protection Regulation or GDPR for short is currently one of those governance “flavours of the month” and with so many column inches, briefings, seminars and conferences devoted to it, we would be most surprised if you had not heard anything about it. The regulation is European in origin, but as it will be enacted into UK legislation, it will not in any way be influenced or changed by Brexit. GDPR is coming and takes effect from 25 May 2018.

Read more...

Budget simplifies Gift Aid Donor Benefit rules

By Stephen Mathews | 9 January 2018

Budget simplifies Gift Aid Donor Benefit rules

Donor benefit rules exist to limit the amount of benefit that a charity can give to a donor (or people connected to them) and still be able to claim Gift Aid on a donation. Generally benefits take the form of small gifts given by the charity in appreciation for the donation. As announced in the November 2017 budget, the rules around this are changing.

Read more...