Fundraising and Budgeting for Productions

Description

Opening Scriptures “Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost…?” — Luke 14:28 “The silver is Mine and the gold is Mine,’ declares the Lord Almighty.” — Haggai 2:8 “Moreover, it is required in stewards that one be found faithful.” — 1 Corinthians 4:2 ⸻ Learning Objectives By the end of this lecture, students will be able to: 1. Explain the biblical principles of stewardship, integrity, and generosity in the context of fundraising for ministry productions, citing at least three relevant scriptures. 2. Define key budgeting concepts and list the typical budget categories required for a faith-based production project. 3. Develop a realistic and detailed production budget for a given ministry project, including contingency planning. 4. Identify and compare various fundraising methods suitable for faith-based productions, including internal, external, and digital strategies. 5. Demonstrate ethical engagement techniques for donors and sponsors that build confidence and trust in ministry projects. 6. Recognize common fundraising and budgeting mistakes and propose practical solutions to avoid them. 7. Describe best practices for financial accountability and transparency in managing production funds, including documentation and reporting.