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Saturday, July 27, 2019

Church compensation:

Church compensation:

1 Corinthians 9:1-14

Jesus commanded that those who preach the gospel should receive their living from the gospel!



Risk management in the church:

Daniel 6:3-5

Daniel was an exceptional administrator! There was no corruption in him!

Three standards as a board member.

1.) Biblical rights and wrongs
2.) Corporate rights and longs
3.) Philosophy which can be neither right or wrong

Board responsibilities are fiduciary and risk management.
With risk management there are two focuses to evaluate. What is the likely hood that something might happen? What are the consequences if that thing happens? Three ways to deal with risk. Avoid it, transfer it, or control it.

Three types of risk as a church. Physical risk of the members, financial losses and damages, legal and financial responsibility of board members.

Board members have personal liability. Directors and officers insurance is a good idea.

Inurement?






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