Tag Archives: bad church governance

Plunging Stock Market May Exacerbate Grace Church’s Financial Woes

With recent stock market activity showing some striking similarities to the market crash of 1987, and the double whammy of a possible partial shut-down of the federal government, Grace Episcopal Church may well enter 2019 in dire financial condition. As I stated in previous posts, when factoring in depreciation and amortization, Grace has been running an annual deficit… Read More »