To help PCUSA pastors address the growing financial challenges to ministry, the Board of Pensions has developed Healthy Pastors, Healthy Congregations. This initiative, designed to help ministers and congregations work together for financial stability, provides education and financial resources. This program combines pastor and congregational leader education with grants up to $10,000 to qualifying pastors.
Congregational leader education: Session and Personnel Committee members and other congregational leaders, along with their pastor commit to a two hours session on A Theology of Benefits Bible Study/Financial Realities of Pastors. (Note: This component will be led by Clayton Cobb, your regional Church Consultant, during the education portion of the August joint Grand Canyon/de Cristo Presbytery meeting on August 24th. This will the only time this will be offered in 2019)
Pastor education: Pastors commit to 2.5 hours of online training on Personal finance lessons and Terms of Call lessons. After this grounding the pastor will receive financial counseling through with Ernst & Young at no cost.
Financial grants to pastors: a one-time grant of up to $10,000 is available to eligible pastors after the pastor and congregational leaders have completed their educational sessions and the pastor has received financial counseling. The grant may be used to reduce or eliminate pastor’s educational, credit card, or other debt, or to boost personal savings in the Retirement Savings Plan, a 403b plan.
To qualify, the pastor must
- Be enrolled in Pastor’s Participation in the Benefits Plan
- Have a total household adjusted gross income of less than $118,200 (twice the medical salary for congregational ministers)
- Have a total net worth of less than $250,000 (excluding the value of home and auto)
To get started
To learn more or take the next step call 215-587-7219, or email firstname.lastname@example.org.
Also, see Healthy Pastors, Healthy Congregations at pensions.org, http://www.pensions.org/your-path-to-wholeness/healthy-pastors-healthy-congregations
Or contact Clayton Cobb, regional Church Consultant at 267-844-2411, or email@example.com