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X-WR-CALDESC:Events for Good Shepherd Lutheran Church
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DTSTART;TZID=America/Chicago:20230508T113000
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DTSTAMP:20260407T161837
CREATED:20230503T214423Z
LAST-MODIFIED:20230509T190517Z
UID:27599-1683545400-1683552600@gslcwi.com
SUMMARY:GS Foundation Meeting
DESCRIPTION:
URL:https://gslcwi.com/event/gs-foundation-meeting-2/
LOCATION:Madison Room 6
CATEGORIES:Committees,Meetings
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DTSTAMP:20260407T161837
CREATED:20230503T220120Z
LAST-MODIFIED:20230509T191921Z
UID:27604-1683568800-1683572400@gslcwi.com
SUMMARY:Finance Committee Meeting
DESCRIPTION:The purpose of the Finance Committee of Good Shepherd Lutheran Church is to assist the Board of Directors in overseeing the financial well-being of the congregation including financial reporting\, internal controls and annual and long-term budgeting. \nResponsibilities – performed as Christian brothers and sisters brought together to glorify God. \n\nReview and analyze financial reports prepared by church staff and approve for presentation to the Board and/or the congregation. Make recommendations that improve accuracy\, transparency and relevancy to users of the financial information\, including showing how the financial giving of the congregation contributes to church ministries.\nWork with church staff\, ministry groups\, committees and Board of Directors\, to prepare an annual budget(s) ensuring that key planning or strategic elements are addressed and previously made decisions are properly interpreted in the budget. Review the budget and forward comments to the Board prior to their approval.\nMonitor ongoing budget performance and make recommendations to the Board related to adjustments or necessary changes.\nAnnually\, make a recommendation to the Executive Committee of members to serve on an Audit Committee and their scope of work. Three one-year terms are permitted by an individual Audit Committee member. Oversee the work of the Audit Committee per the approved scope.\nProvide fiduciary oversight for the protection of church assets by monitoring or inquiring about the appropriate investment of reserves or endowments and insurance of property and equipment.\nIn conjunction with ministry groups and other church committees\, recommend long-term financial goals and funding strategies to achieve them.\nMonitor financial policies\, procedures and controls. Suggest changes as needed.\nMonitor church funds to determine adequacy to meet financial management needs of the church and its ministries. Establish links between the external fiscal environment and their influence on the church’s ability to meet its obligations.\nMake recommendations to the Board on financial matters as deemed appropriate by the Committee or requested by the Board.
URL:https://gslcwi.com/event/finance-committee-meeting-2/
LOCATION:Madison Peterson Hall
CATEGORIES:Committees,Meetings
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