Finances & Stewardship
Support our ministry financially by giving online in just a few clicks.
"Put me to the test, says the Lord of hosts"
- Malachi 3:10
Ways of Giving
There are different ways of giving to the work of the Lord and support Hope Ottawa’s ministry:
1. e-Transfers
Instructions for donations by e-Transfer:
- Add Hope Bible Church Ottawa as a new e-transfer recipient with the email address etransfers@hopeottawa.ca
- Skip setting a security question as Hope Bible Church Ottawa has Auto Deposit set up
- As you make the transfer, select the recipient Hope Bible Church Ottawa (that you set up in Step 1)
- IMPORTANT: Please be sure to include your Name and Address in the Message section of the transaction (we need this information in order to issue an tax receipt for this donation). We realized some online bank services limit comments to only 40 characters so please also send a separate e-mail with your name, address, and the amount of the donation separately to finances@hopeottawa.ca.
- To direct funds to our Christmas Offering, please do so in the message area of the e-transfer by writing ‘Christmas’. If left blank the funds will go to the General Fund.
2. Credit Cards
- Hope Ottawa is charged a 2.5% bank fee using this method of giving. To avoid these fees, consider donating via e-transfer or Pre-Authorized Debit.
3. Pre-Authorized Payments
Instructions for donations by pre-authorized payments:
- This option allows you to give automatically from your bank account on a regular basis.
- In order to use PAPs, you will need to fill out the form below and scan it to finances@hopeottawa.ca.
4. Pray
More on Finances and Stewardship at Hope
The Hope Ottawa Elders and Staff do their best to honour the Lord with finances. If you have further questions regarding the budget or Financial Statements, please contact us at finances@hopeottawa.ca.
Organization and Charitable Status
Hope Ottawa is registered with the Canada Revenue Agency (CRA) as a Charitable Organization, registration number 752125088RR0001. Each year the church files an Annual Information form with the Charities Directorate in compliance with federal regulations.
Annual Budget Process
Each fall an operational budget is prepared for review, analysis, questions, and approval by the elders. The operating budget is fundamental to our accountability, transparency, and integrity. Staff compensation is approved by non-staff elders and is compared with industry standards in North America to ensure it falls within acceptable parameters when compared to the overall budget of the church.
Monthly Financial Executive Review
Monthly financial statements are prepared and compared to the operational budget to ensure spending is in line with the fulfilment of Hope Ottawa’s mission. Each quarter, as necessary, the operational budget is updated to reflect any changes in priorities throughout the year.
Annual Review
To ensure maximum transparency and assurance Hope Ottawa retains an independent auditor to conduct annual audits or reviews of its financial statements. These financial statements are audited or reviewed in accordance with Canadian generally accepted auditing and review standards; and are prepared in accordance with Canadian accounting standards for not-for-profit organizations. Historical audited financial statements can be accessed at the bottom of this page.
Published Unaudited Quarterly Financial Statements
To ensure the church body is aware of the most recent financial status of Hope Ottawa, we prepare quarterly unaudited financial statements. You will be able to access the unaudited financial statements for the most recent year at the bottom of this page once they become available.
Expense Authorization Process
Hope Ottawa has a strict expense authorization to ensure financial accountability for operational and capital purchases. Purchases in excess of specific thresholds must be approved by the Finance Department and the Senior Pastor.
Confidential Donor Information
Donor information is kept in strict confidence. Per our policies, elders and pastors do not have access to donor information and this information is kept in strict confidence by our Finance Department staff. Donor information is not sold, nor is it made available without the prior consent of the donor except where disclosure is required by law.
Any questions regarding the budget or the financial statements can be addressed to finances@hopeottawa.ca.
Access our Financial Statements
For more specific financial information, please read our Financial Statements. Hope has always been, and will continue to be, transparent about budgets, spending and all things included, with integrity for God's glory.