Just like a carpenter needs a tool belt with a hammer, nails and a level, and a doctor needs a stethoscope and tongue depressor, a synagogue needs tools to help it with its financial goals of being financially healthy so that it can prosper and meet the needs of its congregation. Start with the Financial Toolkit: The Ten Financial Commandments and then download the "tools" below to learn how to financially maintain and strengthen your synagogue.
Ideas for engaging young adults: creative dues structure models, leadership opportunities, and links to congregations offering these incentives. Also includes a brief introduction to young adult programming and leadership development.
A guide for congregations of all sizes with varied administrative and fiscal resources. It is meant to stimulate thought and planning and help your congregation write its own concrete, unique prescription for fiscal and spiritual health.
Every synagogue leader is always looking for additional ways to increase revenue. One way to do this is through affiliate marketing, a process in which a congregation signs up with an online vendor and adds a link on the congregation website for that vendor.
Send a letter to your membership (personalized letters are best) asking for end of year tax deductible contributions. Here is a sample letter that we like, along with a response form. If you have a direct mail letter that you want to share, please send it to us so it can be posted.
Connect with a Specialist
Member congregations are encouraged to contact a specialist from the
Union's Congregational Consulting Group for additional resources and
support:
The URJ is aware that the current economic situation is having an impact on
congregations and has gathered these materials to help as you adjust to the
current economic realities.
Through 2011, Congress has extended a special provision to help those 70-1/2 and older dependent on social security and other forms of retirement income to encourage charitable giving. Persons with traditional or Roth IRAs may make tax-free gifts directly to qualified charities, including their synagogues. Such persons may choose to make charitable distributions from their IRA up to a total of $100,000 in 2011. A couple with separate IRAs each can make gifts up to $100,000. Here is a letter that you can adapt to send to your congregants in this age demographic or use for publication in your December newsletter.
Qualified synagogues- those with 25 or fewer "full time equivalent" employees and average wages less than $50,000) may be eligible for the Tax Credit if they contribute a uniform percentage of at least 50% towards the cost of their employees' health insurance (there is a limited exception to this uniformity requirement for 2010).
Synagogues that meet the requirements of section 501(c)(3) of the federal tax code are automatically considered tax-exempt and are not required to apply for and obtain recognition of tax-exempt status from the IRS.
Identity theft and protection of personal information have become very important topics in today's technological world, and congregations are not immune to these concerns. The Federal Trade Commission recently laid out their "Red Flag" rules and there is a new Massachusetts regulation in effect that is aimed at protecting personal information.
Updated in 2011, this publication offers some guidance regarding certain financial and legal requirements congregations must meet in order to accomplish its mission.
Order Publications!
You can download any of the above listed publications by clicking on the title. If you prefer a hard copy of the publication, please visit URJ Books and Music online to place your order. (Please note that most of the publications are free of charge.) Order now!