We are non profit. We spend about 3mto6m per month but know more than 20m per year. How can we earn interest on our money. We also earm 20m each year from fundraising.
If you are serious (and that must be a big church, because mine only takes in about a million a year), there are always CDs. Here's the thing... you don't want to put a church's money in anything high risk. While you want a return, there's always money markets as well.
In addition, fund a few charities (create some of your own) and reap both the tax benefits and your neighbor's gratitude. |
