Free Professional Church Finance Meeting Minute

Opening Prayer and Welcome
Meeting commenced with an opening prayer led by Pastor John Smith at 7:00 PM. The chairperson, Mary Johnson, extended a warm welcome to all attendees.
Attendance
Name | Role | Present/Absent |
|---|---|---|
Mary Johnson | Chairperson | Present |
Pastor John Smith | Pastor | Present |
Paul Adams | Treasurer | Present |
[Your Name] | Secretary | Present |
Peter White | Financial Advisor | Absent |
Approval of Previous Meeting Minutes
The minutes from the previous meeting held on [Date] were reviewed. A motion to approve the minutes was made by Paul Adams and seconded by [Your Name]. The minutes were approved unanimously.
Financial Reports
Report | Presented By | Summary |
|---|---|---|
Monthly Income Statement | Paul Adams | Income: $10,000; Expenses: $7,500; Net Income: $2,500 |
Balance Sheet | Paul Adams | Assets: $50,000; Liabilities: $20,000; Equity: $30,000 |
Budget Review
The proposed budget for the upcoming quarter was discussed. Key amendments were suggested:
Increase in community outreach budget by $1,000
Reduction in administrative expenses by $500
A motion to approve the amended budget was made by Pastor John Smith and seconded by Mary Johnson. The motion was carried with a majority vote.
Fundraising Plans
The committee brainstormed upcoming fundraising ideas:
Annual Church Bazaar on [Date]
Charity Concert on [Date]
Action Items:
Linda Brown to prepare promotional materials by [Date]
Paul Adams to coordinate with local vendors by [Date]
Any Other Business
No additional business was raised.
Closing Prayer
Pastor John Smith led a closing prayer, and the meeting was adjourned at 8:30 PM.
Next Meeting
The next meeting is scheduled for [Date] at 7:00 PM.
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