Wednesday, October 25, 2006

Financial Issues

Links to 3 articles on this subject can be found here.

A simplified definition would be the transferring of a Church asset to an insider for less than fair market value where "insiders" are defined as "pastors, ministers, board members, officers, and employees."

It is alleged impropriety of this nature that Mark Sharpe claims to have knowledge of. Specifically, he claims that current and former staff members with whom he had a close working relationship have claimed to have proof of such occurrences and have confided this information in him, but they will not come forward with that proof until the appropriate protections are in place. They reportedly have been willing to do so all along, but Dr. Gaines and other staff members have refused to meet with them under these conditions.

1. Should Mark Sharpe and these individuals be granted the opportunity to present any evidence they might have with the protections requested in place?

2. Should a preacher and other staff have church credit cards? Why or why not? Should there be accountability to the membership for the use of these cards? Should the receipts be available for review at any time? What if there are allegations of misuse? Who should be able to review them?

3. Use of a church credit card for personal expenditures, even when those charges are reimbursed to the church, is considered "co-mingling of funds." Aside from any legal ramifications, is this proper?

4. The more openness and transparency there is by the staff regarding the stewardship of money, the fewer questions there will be. How much transparency do you think is necessary?

Use this thread to discuss any matters related to financial concerns at Bellevue.

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