What does it mean to “empty the treasury?”

by | Oct 15, 2021 | UMW-Conference-Mailchimp

by June Hanson, treasurer

Many of you have likely heard the phrase “empty the treasury.” What does this mean? United Methodist Women Chief Financial Officer Tamara Clark explains: “Toward the end of the year, some local United Methodist Women groups find that they have more money than they expected to have at the year’s end. Maybe you exceeded your Pledge to Mission (yay!). Maybe fundraisers performed better than expected (yay!). For whatever reason you find yourself with extra funds, keep in your treasury only the minimum amount necessary to carry you into the first few months of 2022, until members’ Mission Giving pledges and gifts begin coming in. Why? The funds were given to be used for mission. ‘Saving for a rainy day’ is not the best stewardship for the mission dollars given for the thousands of women for whom today is a rainy day. You can send your extra funds as additional mission funds added to your Pledge to Mission or consider presenting more Special Mission Recognition gifts! Giving is part of faith in action—let it be faith in action!”

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Author: Carla Whitmire

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