Exhibit 429

Seven Standards of Responsible Stewardship

Exhibit 429 · Voluntary accreditation standards

Seven Standards of Responsible Stewardship

Every organization shall provide a copy of its current financial statements upon written request and shall provide other disclosures as the law may require.

Seven pass-fail standards for members: doctrinal statement affirming the evangelical Christian faith; board of five or more with an independent majority; financial oversight with an independent CPA; use of resources and legal compliance; transparency; compensation and related-party transactions; and stewardship of gifts. Membership is voluntary and limited to organizations affirming evangelical Christian faith.

Source: Evangelical Council for Financial Accountability
Date: read 9 November 2026
Quoted from: Standard 5 (Transparency)
Grade: Primary record
Document: https://www.ecfa.org/Content/Standards
Accessed: 2026-11-09
Cited by: Findings citing this exhibit

Cited by

Finding REL-4.9: Primary record The Evangelical Council for Financial Accountability, founded in 1979, accredits more than 2,700 member churches and ministries that join voluntarily, affirm an evangelical Christian statement of faith and have an independent CPA audit, review or compile their financial statements, and it states that it is not an auditor. The U.S. Conference of Catholic Bishops has a voluntary diocesan financial reporting resolution under which each suffragan bishop sends his metropolitan archbishop a letter stating that his finance council reviewed audited statements.