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Parish Finance Council - St. Anthony's Church, Basavanapura.

The Parish Finance Council (PFC) of St. Anthony's Church, Basavanapura, plays a crucial role in ensuring the financial health and sustainability of our parish community. The council is dedicated to providing transparent and effective financial management, supporting the parish's mission and activities through prudent stewardship of its resources.

Mission and Vision

The mission of the Parish Finance Council is to oversee the financial affairs of the parish with integrity and transparency, ensuring that all financial activities align with the principles of the Catholic Church. Our vision is to create a financially stable and accountable parish that can effectively support its spiritual, pastoral, and community-oriented goals.

Responsibilities

  • Financial Planning and Budgeting: The PFC assists the parish priest in developing the annual budget, ensuring that financial planning is aligned with the parish's priorities and goals. This includes forecasting income, managing expenses, and setting financial targets.

  • Oversight and Accountability: The council monitors all financial transactions, ensuring that funds are used appropriately and efficiently. This involves reviewing financial statements, auditing accounts, and maintaining accurate financial records.

  • Fundraising and Resource Management: The PFC plays a key role in planning and executing fundraising activities. This includes organizing events, encouraging donations, and seeking grants to support parish projects and initiatives.

  • Property and Asset Management: The council oversees the management of parish properties and assets, ensuring they are maintained properly and utilized effectively. This includes planning for repairs, renovations, and new constructions as needed.

  • Financial Reporting: The PFC ensures that the parish community is kept informed about the financial status of the parish. Regular financial reports are prepared and presented to the parishioners, promoting transparency and trust.

Structure and Membership

The Parish Finance Council consists of members who possess expertise in finance, accounting, business, and related fields. Members are selected for their professional skills, commitment to the parish, and willingness to serve. The council includes:

  • Budget Preparation: Collaborating with parish ministries and groups to develop a comprehensive annual budget.

  • Financial Audits: Conducting internal audits to ensure compliance with financial policies and best practices.

  • Fundraising Campaigns: Organizing initiatives to raise funds for specific projects, such as building maintenance, community outreach programs, and parish events.

  • Financial Education: Providing guidance and resources to parishioners on responsible financial stewardship and the importance of tithing.

Commitment to Stewardship

Members of the Parish Finance Council are dedicated to the responsible management of the parish’s financial resources. Their work is driven by a commitment to stewardship, accountability, and the sustainable growth of the parish.

Through the diligent efforts and collaborative approach of the PFC, St. Anthony's Church in Basavanapura continues to thrive financially, supporting its mission to serve God and the community. The Parish Finance Council remains steadfast in its mission to ensure that the parish's resources are managed wisely and transparently, fostering a secure and prosperous future for all parishioners.

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