“In A Bond Bind”

Saturday, November 17, 2012

Would it be okay for a church to sell bonds to raise needed money?

Sincerely,
007

Dear 007,

The Bible only provides one way for the church to garner funds – a collection made every Sunday from amongst its own members (1 Cor 16:1).  Having said that, the argument for selling bonds is that it is no different than getting a loan from a bank to purchase a building.

The general Bible principle is that a congregation shouldn’t raise funds by any method other than a weekly collection from its members.  A bond is a form of loan, and it is the idea of borrowing money that causes so much debate.  Every congregation must use their own wisdom in deciding if, how, and when to borrow money.

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