Why are we focusing on financial stewardship now?įinancial stewardship is crucially important to the University’s ability to continue to reinvest in our strategic priorities, including a high quality, socioeconomically and racially diverse student body. We must conserve these precious financial resources so that we can continue to carry out the University's most important mission-focused priorities including access and affordability to all socio-economic levels, high-quality instruction and high-touch experiential learning, research that advances understanding and makes a difference, and deep engagement with Dayton and other communities. We must be good stewards of the hard-earned money entrusted to us by parents, students, sponsors, partners, and donors, mindful of the choices and sacrifices they make to send their children here and to support our Catholic, Marianist mission. True financial stewardship is conducted in service to our mission, which is especially important for UD as a Catholic, Marianist university. Stewardship encourages a cooperative environment focused on the organization’s success. You should consult your own tax, legal and accounting advisors before engaging in any transaction.Financial stewardship means protecting the long-term assets of an organization through a commitment to moral, ethical and prudent financial decision-making. This material has been prepared for general informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice for the reader. Please note that the advice offered in this article is not intended to be construed as tax, legal or accounting advice. You can reach us via phone at (615) 371-2029 or fill out this form. The Tennessee Baptist Foundation is ready to help you as you lead your church and help your members steward well the resources God has given them, both now and later.ĭownload our free resource 6 Reasons Estate Planning Conversations Should Start in the Church. At the Foundation, we believe it behooves all of us to make a stewardship plan from our estate. Being a good manager does not stop when we die. While I hope all of you are tithing and giving from the assets you have today, I want to challenge you to think differently about stewardship and pray about developing an estate plan to make an eternal impact with assets from your estate after you are gone. Are you doing all you can to make an eternal investment in the Kingdom of God? As you consider everything under your care, what kind of steward are you? God has given us all resources for us to manage during our life. This servant was rebuked by the master because he did not steward well the money he was given.Ĭhurch leaders need to set the example. But the servant who was given the least did nothing with what he was given and gave the master back the money with no interest. Enter into the joy of your master” (vs 21 and 23). To them the master said, “Well done, good and faithful servant, you have been faithful over a little and I will set you over much. As you may know from the story, two of the servants invested their money and returned double to the master when he returned. Now each servant got a different amount based on their ability. In the parable, the master gives his three servants money to manage while he is gone on a journey. Jesus’s parable of the talents, found in Matthew 25:14-30, gives insight into what God expects of each of us as we are accountable for what He has entrusted to us. God is the creator and owner of all things, and He has only given to each of us a portion of his abundance to manage while we are here on this earth. This type of thinking runs counter to what God’s Word states. Our society is built on the idea that gaining more and more wealth will solve every problem. Most of us like to think that we “own and control” all that we have. In essence, being a steward is being a manager, and we have included this principle in our resource, 6 Reasons Estate Planning Conversations Should Start in the Church. ![]() Merriam-Webster defines stewardship as the careful and responsible management of something entrusted to one’s care. ![]() Throughout scripture, followers of Christ are called to be good stewards.
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