Helping pastors remain and be more effective in ministry.
The Excellence in Ministry program seeks to reduce or alleviate some of the key financial pressures that inhibit effective pastoral leadership and improve the financial literacy and management skills of pastoral leaders through education (increasing their ability to provide capable leadership for congregations and ministries under their care).
Among other benefits, this program:
Helps pastors remain in and be more effective in ministry over a longer period of time
Benefits congregations by having more effective leadership and less turnover
Benefits the church by having pastoral leaders who are more engaged
Enhances the relationship between seminaries, seminary houses and foundations, and the church
Enhances long-term participation in Pension Fund programs
“I feel empowered to look at money differently and use it in a way that reflects God’s true abundance and blessing.”
Excellence in Ministry pastor participant and grant recipient
How does it work?
Educational events for pastors, seminarians, spouses and lay leaders
Individuals: Personal stewardship, budgeting, theology of money and dealing with debt
Employers: Congregational financial identity, budgeting and stewardship, and the congregation as an employer
Financial courses: Savings strategies, ministerial taxes, family and personal care, retirement and financial planning
Financial Relief & Assistance
Modest grants to pastors with 1-5 years of experience (funded in part through the Lilly Endowment grant)
Eligible participants may qualify for financial assistance for student debt relief or other points of financial stress
Grants made in three installments over the life of the program, after satisfying the participation requirements of the financial literacy program
Potential maximum of 20 participants per year (and possibly more if additional funds are raised)
How will we measure success?
Improved financial conditions among participants
Increased congregational health and vitality
Proficient knowledge of basic financial principles
Longevity in pastoral ministry
Reduced financial pressure inhibiting effective leadership
What ministry partners are participating?
Christian Church (Disciples of Christ) in Indiana: Also invited to participate in the grant program, and has been in collaboration with Pension Fund from the initial invitation.
Seminaries: Christian Theological Seminary, Lexington Theological Seminary, Brite Divinity School, Phillips Theological Seminary, Disciples Divinity House - Chicago, Disciples Divinity House - Vanderbilt and Disciples Seminary Foundation are all full participants in the proposed plans.
Other ministries: Regions, Higher Education and Leadership Ministries, Division of Homeland Ministries, Hope Partnership, Center for Faith and Giving, NAPAD, National Convocation, Hispanic Ministries and The Church of Christ, Disciples of Christ, International are participants and contributors.
“You owe it to yourself to make time for these valuable presentations. They’re a worthwhile investment in yourself!”
Richard Reynolds, pastor and Excellence in Ministry participant
“Learned a lot in a pleasant, warm, atmosphere. It’s great to share and hear from people from other congregations.”
Excellence in Ministry lay leader participant