The Singles for Christ Financial Handbook

(Alternative Financial Stewardship Talk Outline)

I.

PRINCIPLES OF CHRISTIAN FINANCE

A.
Our Lord Jesus Christ wants all the dimensions of our lives, including our
financial responsibilities and finances, to be directed and guided by the Holy
Spirit. The Lord asks that we open our hearts to the Spirit and allow Him to give
us a Christian outlook on our possessions and money and on how to manage
them wisely.
B.

Following are the Principles of Christian Finance

1.

Everything belongs to God.

a.

Scripture Readings
Psalm 24:1 "The Lord's are the earth and its fullness; the world
and those who dwell in it"
Haggai 2:8 "Mine is the silver and mine the gold, says the Lord
of hosts"

b.

God created everything. And everything the heavens, the earth,

and all that they contain belongs to God.

c.
God is the owner of everything without exception. This includes
what we normally call our own: our house, our car, our clothes, our
investments, and our money.
2.

We are merely stewards of what belongs to God.

a.

We are stewards (or managers) and not masters over the things
God has entrusted to us.
b.
We are to manage what has been entrusted to us wisely,
unselfishly and in accordance with God's plan.
3.

It is God who enables us to acquire wealth.

a.

Scripture Readings
Proverbs 10:22 "It is the Lord's blessing that brings wealth,
and no effort can substitute for it"
Ecclesiastes 5:18 "Any man to whom God gives riches and
property, and grants power to partake of them, so that he receives
his lot and finds joy in the fruits of his toil, has a gift from God"

b.
Without God's blessings, we would not have the good things we
have.

1 Corinthians 4:7 "Name something you have that you have not
received. If then, you have received it, why are you boasting as if it
were your own?"
c.
Our minds, our education, business opportunities, "good luck", all
are ours only by God's grace.
Sirach 11:14 "Poverty and riches are from the Lord"
Sirach 11:21 "It is easy with the Lord suddenly, in an instant, to
make a poor man rich"
4.
We should use our finances (wealth and possessions) to glorify God
and participate in the spread
of His Kingdom.
a.
b.

II.

Proverbs 3:9 "Honor the Lord with your wealth."

Though God allows us to enjoy our possessions, these are not
exclusively for our benefit. We need to see how we can use our
possessions to serve God and to do His work on earth.

THE PRACTICE OF CHRISTIAN STEWARDSHIP

Since the time of Abraham, God's people have expressed their stewardship over
their possessions through three basic ways: tithing, resource sharing and
almsgiving. These have always formed an important aspect of the relationship
of God's people with the Lord.
A.

Tithing
1.

Definition
a.

The tithe consists of ten percent (10%) of an individual's income

after taxes from whatever source, i.e., wages, rents, investments,
business, etc.
b.
The tithe is given to the immediate body of Christ of which one is a
part, and where one draws support for one's Christian life.
2.

The Old Testament Practice

a.

The law of Deuteronomy 14:22-29 (Cf. also Deuteronomy

26:12-15) prescribes an annual tithe of grain, wine, oil, and firstlings
(first-born animals like lambs, goats, etc.) to provide for cultic meals
and
to help the poor. Numbers 18:21-32 grants the tithes of all
Israel to the Levites and they in turn are to pay a tithe of what they
receive to the priests. Leviticus 27:30-33 states that the tithes are
holy to Yahweh.
b.
After the exile, the people pledged to tithe according to Numbers
18:21ff (Nehemiah 10:37), but they had difficulty doing it as we find out
from Malachi 3:8-10. Tithing is alluded to also in 1 Maccabees 3:49.
3.

The New Testament Practice

During the time of Christ, the payment of tithe was a proof of the piety of
the Pharisees (Luke 18:12). While the Old Testament stipulated a tithe
only on the produce of the grains, wines and flocks, the Pharisees
extended the obligation to even the smallest herbs (Matthew 23:23, Luke
11:42). Jesus encourages his hearers to continue with the practice of
tithing faithfully.
4.

Practice of the New Testament Communities

a.

The practice of tithing as such is not mentioned, while the reality is

present. The summary passages of Acts tell us that the community
members had their goods in common, in the sense that no one
considered anything as his own, and in practice, was willing to sell
real property in order to provide for the needs of church members
(Acts 2:44-45, 4:32-34). In a very real sense, they practiced much
more than just giving a tenth.
b.
The early Christians recognized the right of apostles to be
supported by the communities they served with enough to support also
their family. We know this from Paul's letters that took pride in rejecting
this kind of support, although he mentions that as an apostle he had a
right to receive it. In Galatians 6:6, he mentions that the person
instructed in the Word of God has the obligation to share all his
possessions with his teacher.
5.

The Teaching of the Church Fathers, Theologians and Saints

a.

St. Irenaeus, Bishop of Lyon (around 170 AD) says that those who
have received liberty set aside all their possessions for the Lord's
purposes, bestowing joyfully and freely not the less valuable portions
of their property (Ad Haer IV, xviii, 2). By the less valuable portion he
means 10% compared with 90%. Origen regards tithing as
something to be far exceeded by Christian giving (Nm Horn XI).
Augustine regards tithing as something that is due by Christians to
God. In fact, by the 4th century, there is consensus in the Church
that Christians have the obligation to pay tithes. St. Jerome in his
commentary on Malachi 3:10 states that even if Christians cannot, as
they should, sell all and give to the poor, they should at least imitate
the Jews by giving tithes and first fruits. St. Ambrose stressed that
tithes are due from every substance given to men by God, including
profits from trade and hunting (on Matthew 23:23).
b.
The 1917 Code of Canon Law in canons 1496 and 1502 stipulates
the obligation of Catholics to support the Church. Canon 1502
specified that tithes and first fruits were to be paid according to the
custom of each country. Also the new Code of Canon Law (1983)
spells out the obligation of all members of the Church without
exception to support the Church so she can fulfill her worship, her
mission, and support her ministers. The Canons in the New Code are
222, par 1 and 231, par 2.
c.
This is the way the Commentary published by the American Canon
Law Society explains Canon
222,1: All the Christian faithful are

bound to help provide for the needs of the Church in keeping with the
basic purposes for which the Church acquires earthly goods worship,
apostolic and charitable works, honest support of its members. The
1917 Code spoke of the right of the Church to demand from the
faithful whatever may be necessary for this (Canon 1496).
d.
No one is exempted from the above obligation: laity, clergy or
religious. The new Code just as much as the old Code affirms the
right of the Church to demand this support (Canon 1260), but prefers
that this will be a free-will offering.
e.
The Code also stipulates that the faithful are not only obligated to
support priests adequately (including providing annual vacations for
them), but also to support with a real family wage lay people who work
for the Church or Church organizations. This support must include
adequate insurance, retirement benefits, etc. (Canon 231,2).
6.

Importance of Tithing in the Christian Life

a.

Through tithing, we acknowledge God as owner of our resources

and admit that we are only stewards.
b.
Tithing expresses that our life, our security, all blessings and
happiness reside in God and not in our possessions. We trust in a
merciful and loving God who provides richly for His children.
c.
Tithing is a concrete expression of gratitude to God. We give back
to God part of His gift in acknowledgement of His care, protection
and love. And though all our blessings come from Him, He allows us
to keep 90%.
d.
If we love God, we need to love our neighbor as well. Tithing is a
reflection of our concern for others, because our contributions are
used for God's work and to spread His kingdom. Our contributions
enable groups such as CFC and SFC to continue its global work of
evangelization and renewal.
e.
Tithing indicates the condition of our hearts and the extent of our
conversion in the Lord. It points to where we are at in the areas of
Christian generosity, trust in God, selflessness, simplicity of lifestyle,
concern for the less privileged, detachment, etc.
Matthew 6:21. "Remember, where your treasure is, there your
heart is also"
7.

How else should we look upon the tithe?

a.
The payment of the tithe was considered by the Church Fathers
and theologians as a divine obligation.
It was paid to God, who is the owner and giver of all we have. Its
purpose is to support the Church community where the individual is
cared for, to enable this community to fulfill its mission.
b.

At times the obligation to pay tithes was considered to be so

serious that non- compliance was grounds for excommunication

(Council of Macon in 585), or thought to endanger the person's

eternal salvation (St. Caesar of Arles).
c.
It is important to remember that God does not need our money. He
does not exact a tax as proof of our love for Him. However, God does
want us to have a clear understanding of the way He wants us to
handle financial matters and responsibility so that we can follow Him
in joy and peace and freedom in this particular dimension of our
lives.
d.
The tithe, being a return to God, is entrusted to the hands of God's
designated elders, who are responsible as His stewards for it. The
one who tithes, no longer being steward for the amount tithed,
should not place any restriction on the use of his tithe, nor require
that he be provided with reports, an accounting, etc. (though such
would normally be provided as part of the elders' stewardship).
e.
The tithe should also be thought of in the larger context, i.e., we
need to support the Church not only with our finances, but with all our
gifts and talents and our time as well.
8.

Scripture texts on Tithing

a.

Malachi 3:7-10 "Return to me, and I will return to you, says the
Lord of Hosts, yet you say, 'how must we return?' Dare a man rob
God? Yet you are robbing me! And you say 'How do we rob you?' In
tithes and in offerings! You are indeed accursed, for you, the whole
nation, rob me. Bring the whole tithe into the storehouse, that there
may be food in my house, and try me in this, says the Lord of hosts:
Shall I not open for you the floodgates of heaven, to pour down
blessings upon you without measure?"
b.
Other Scripture Readings
Genesis 14:20
Leviticus 27:30
Numbers 18:26-29
Deuteronomy 14:22-27
Proverbs 3:9
Matthew 23:23
Luke 18:12
Hebrews 7:4-9
B.

Resource Sharing
1.

Definition
a.
Resource sharing means lending our material resources to care for
the specific needs of our brothers and sisters.
Deuteronomy 15:7-8 "If one of your kinsmen in any community
is in need in the land which the Lord, your God, is giving you, you

shall not harden your heart nor close your hand to him in his need.
Instead, you shall open your hand to him and freely lend him enough
to meet his need"
b.
Resource sharing is done by means of interest-free loans given to
members in need.
Deuteronomy 23:20. "You shall not demand interest from your
countryman on a loan of money or of food or of anything else on
which interest is usually demanded.
2.

Scripture Texts on Resource Sharing

a.
b.
c.
d.

C.

Deuteronomy 14:28-15:11
Acts 2:44-45
Acts 4:34-35
Romans 15:25-27

Almsgiving
1.

Definition
a.

Almsgiving means giving money or goods to the needy and poor

both in and out of one's own community.
b.
Alms are given over and above tithes (i.e., not to be deducted from
one's tithe).
2.

Scripture Texts on Almsgiving

a.
b.
c.

III.

Psalm 41:2-4
Proverbs 19:17
Matthew 6:1-4

PRACTICAL APPLICATION IN COUPLES FOR CHRIST

A.
As committed members of CFC Singles for Christ, we need to strive to live
out the Christian teaching on tithing, resource sharing and almsgiving, to the
extent we are able to.
B.
The following are the ways in which we can respond to God's call in the
area of our finances.
1.

Tithing
a.

Tithing is not a part of our commitment in SFC. However, we

understand tithing as part of the life of a maturing Christian. Thus, we
encourage tithing as a means of moving our members forward in
their growth in the Lord.

b.

The only source of income of CFC Singles for Christ is from

contributions, basically from its members. As such, the extent by
which SFC is able to carry out its mission of global evangelization,
family life renewal, Church renewal and building Christian communities depends very much on the amount of funds it can raise.
c.
SFC uses its income from tithes and contributions to pay for the
following:
Evangelization
Formation of members
Community activities
Ugnayan newsletter
Administration (salaries and wages, transportation, repairs, office
supplies, communication, licenses, etc.)
Donations (for needy members)
Purchase of assets as needed
International mission
d.

SFC members are encouraged to be generous in supporting financially the work of the Church, both in the parish as well as the CFC
mission.
e.
SFC members are encouraged to remit their tithe monthly.
2.

Resource Sharing
a.

For our members who are in need and who would normally not
have recourse to other sources of funds, resource sharing could be
an alternative.
b.
Normally, such loans may be considered for the following needs:
For daily subsistence needs.
For needs due to sickness, accidents, and operations.
For emergency home repairs due to natural calamities.
For basic schooling needs.
For other emergencies.
c.

Loans would not normally be made available for:

Business purposes.
Acquisition of appliances, etc.
Home improvement needs.
Payment of loans.

d.
e.

Resource sharing loans would normally be payable within one year.

Resource sharing loans are normally funded from within the
chapter. For legitimate and approved requests for loans, such

requests would be brought before the chapter's members, who may

then respond, purely on a voluntary basis. Only if the chapter cannot
raise the needed funds would the request be endorsed to the CFC
Center.
f.
Direct loans between members are discouraged. Many times when
a borrower is unable to pay a loan, personal relationships are disturbed
or even damaged. To preserve peace, unity and good order in the body,
such direct financial lending is to be avoided.
A member may still lend to another, but through CFC Singles for
Christ. In other words, a conduit loan is arranged, with SFC acting as
middleman.
g.

Procedure for Securing a Loan

Discuss your need with your household head.
The household head brings the matter to his Unit Head. They
jointly discuss the necessity and eligibility of the need. If they
approve, the request is brought to the Chapter Head for his
concurrence and action.
The Chapter Head, with assistance from the other chapter
leaders, tries to raise the amount needed.
By approaching individual members.
By "passing the hat".
By seeking input and assistance from the Cluster Head.

h.

Oversight of Borrowings
The loan request is screened right at the start by the household
head who is in the position to know the personal circumstances
and the need of his member.
Upon the release of the loan, the household head sees to it that
the money is used in accordance with the stated purpose.
The household head monitors repayment of the loan in accordance with the agreed schedule.
If any difficulty arises, the situation is immediately discussed with
the borrower and the matter referred to the Unit Head.
Appropriate inputs are given in order to help the borrower.
If the borrower is unable to pay, he together with the household
head (who consults with the Unit Head) works out a new repayment
scheme and submits this in writing to the Chapter Head, stating as
well the reasons for being unable to pay.

3.

Almsgiving
a.

Usually the needs of the members are met through resource

sharing, i.e., interest-free loans. However, there are times when

members in need clearly do not have the capability to repay a loan.

In such situations, the best way to serve them could be by outright
alms.
b.
Chapter Heads evaluating requests for resource sharing loans
should consider whether almsgiving would be more appropriate.
c.
The sources of funds for almsgiving are:
Any funds the chapter may have (e.g., from Mass collections or
sale of FLAME products).
Special collections made by the chapter to meet specific
members' needs.
IV.

THE FINANCIAL STRUCTURE OF CFC

A.

Corporate Personality
1.

CFC Singles for Christ is one of the Family Ministries of CFC and is,
therefore, part of Couples for Christ.

2.

CFC is a non-stock, non-profit religious and charitable foundation. Its

formal registered name is "Couples for Christ Global Mission Foundation,
Inc." (CFCGMFI).

3.

CFCGMFI is run by a Board of Trustees, composed of the elders of the

community.

4.
CFCGMFI is a tax-free institution, i.e., its income is not subject to tax. It
is also a donee-institution, i.e., donations to CFC may be claimed in full as a
tax deduction by the donor (subject to BIR restrictions).
B.

Funds Management
1.

Ultimate responsibility for CFC funds rests with the Board of Trustees.

2.
Financial policies and decisions are implemented by the CFC Director,
who acts as President of the foundation.
C.

V.

Financial Oversight
1.

Part of the CFC Director's work is to ensure prudent finan cial

management, in the spirit of stewardship over God's resources.

2.

CFCGMFI's financial records are audited annually by a reputable

auditing firm.

THE FINANCES OF PROVINCIAL CFC GROUPS

A.
CFC is one community throughout the Philippines. As such, all finances of
CFC within the country are also one. (This is the One Fund System.)
B.
As the overall governing body for CFC, the CFC Council (Manila) is tasked
with stewardship of God's money in CFC.

1.
2.

It oversees and encourages the growth in generosity and financial

responsibility of CFC and SFC members.
It ultimately decides on how all CFC funds are to be utilized.

C.
For practicality and flexibility, the different CFC provincial groups handle
their own finances (contributions and expenses).
1.

This independent handling of provincial finances is a delegated

responsibility from the CFC Council (Manila). Such delegation may be
revoked or amended if so required.

2.

A provincial CFC group would have its own CFC account in a local
bank, in the name of CFCGMFI, and with signatories approved by the
CFC Council (Manila).

3.

Whenever necessary, the CFC Council (Manila) may move funds

between and among the different CFC groups throughout the country, in
furtherance of the overall life and mission of CFC.

4.
The CFC Council (Manila) will audit the books of provincial CFC groups
from time to time or as needed.
D.

VI.

Every provincial CFC group must strive to become financially

self-supporting, and even become a net contributor to the financial needs of
CFC for its global mission.

FINANCES OF CFC GROUPS OUTSIDE THE PHILIPPINES

A.
Finances outside the Philippines are handled separately and
independently by the different CFC groups. The particular system of handling
finances will be as decided on by the local leaders together with the Country
Coordinator.
B.
As the overall governing body for our global work, the CFC Council
(Manila) exercises moral authority over all funds within the international CFC
community. As such, the different CFC groups are still accountable to the CFC
Council (Manila) for their stewardship of God's resources.
C.

VII.

The different CFC groups are expected to financially contribute to CFC's

global evangelization
work.

OTHER FINANCIAL INFORMATION

A.

How to Give Your Financial Support

1.
2.

Your contributions may be in the form of cash or check.

If cash: Put in an envelope, mark on the outside (name, amount, date,
purpose), and seal.

3.
If check: Make check payable to "Couples for Christ" and indicate on
the back the purpose intended.

B.

Where to Give Your Contributions

1.

You may give your contributions directly to the CFC Center or office.
An official receipt will be given.

2.

You may give these through your household head. Please ask for your
receipt which will be provided when your household head turns over your
contribution to our office.

3.
You may submit these at the tithe tables normally provided during our
community gatherings, i.e., monthly prayer assemblies, teachings,
Anniversary, Family Day, etc. An official receipt will be issued. If not,
a provisional receipt will be provided, and the official receipt will be
issued when your contribution is turned over to our office. Please inform us
if you do not receive your official receipt within two weeks.
C.
CFC maintains an International Mission Fund (IMF) to support its work of
global evangelization. Contributions to the IMF (over and above tithes) are
welcome.
D.
Any SFC member is welcome to come to the CFC office at any reasonable time to inquire into CFC's
finances.

*************************************
"Everyone must give according to what he has inwardly decided; not sadly, not
grudgingly, for God loves a cheerful giver. God can multiply his favors among you
so that you may always have enough of everything and even a surplus for good
works"
(2 Cor 9:7-8)