ARTICLE X – RECEIPT, INVESTMENT, AND DISBURSEMENT OF FUNDS

 

Section 1. Giving

The chief means of financing the work of God in this church will be through the stewardship of God’s people in giving (2 Corinthians 9:7-8; 1 Peter 4:10). Giving is based upon God’s unspeakable gift (2 Corinthians 9:15); is to be done from a willing mind (2 Corinthians 8:11-12), not grudgingly or of necessity (2 Corinthians 9:7); is according to the principle of sowing and reaping (2 Corinthians 9:69; Galatians 6:6); and the measure of the gift is to be according to a person’s ability (2 Corinthians 8:12).

Section 2. Missionary Support

Financial support will be limited to those persons, programs, ministries or mission agencies that are substantially in agreement with our doctrinal statement, positions and policies, as well as our strong views concerning the authority of and accountability of all missionaries and their support ministries to the local church. The church preference will be to directly support primarily those from our own church membership who are sent out from among us in fulfillment of the Great Commission of Christ.

All financial support of any ministry or missionary supported by Potter Valley Bible Church needs the unanimous approval of the Elders. The Elders must continually evaluate the scriptural integrity of all supported ministries or missionaries and take appropriate actions.

Section 3. Receipt of Funds

The Church shall receive all monies or other properties transferred to it for the purposes for which the Church was formed (as shown in Article II). However, nothing contained herein shall require the Board of Elders to accept or receive any money or property of any kind if it shall determine in its discretion that receipt of such money or property is contrary to the expressed purposes of the Church.

Section 4. Purpose of Funds

The Church shall hold, manage, and disburse any funds or properties received by it from any source in a manner that is consistent with the expressed purposes of this Church. In addition, this Church recognizes its scriptural responsibility to provide for the material well-being of those who devote themselves to our spiritual well-being (Matthew 10:10; Luke 10:7; 1 Corinthians 9:3-14; Galatians 6:6-9; 1 Timothy 5:17-18).