When Alabama Baptists give tithes and offerings through their churches, it is God’s money, explained Bobby DuBois, associate executive director of the Alabama Baptist State Board of Missions (SBOM). “When we receive money at the State Board of Missions or any of our entities receive money, it is God’s money and we are accountable for how it is used,” he continued.
DuBois presented the reports of both the state convention Audit Committee and the state convention Insurance Committee. He said members of both committees met with executive and financial leaders of the SBOM and all cooperating entities to ensure the wise management of funds and appropriate insurance protection for each ministry.
After meeting with each entity, the Audit Committee reported no inadequacies in the various audits.
The Insurance Committee did a detailed examination of the insurance coverage of each entity to ensure the coverages were appropriate and adequate for the type ministry performed. According to the Book of Reports, “The committee affirms the insurance coverage in place among all entities interviewed and commends the State Board of Missions and entities of the Alabama Baptist State Convention for their careful attention to the protection of their operations.”
While neither committee has authority over any entity, the committees’ work provides a resource for cooperating entities and helps demonstrate accountability to the members of Alabama Baptist churches, DuBois said. (TAB)
Share with others: