HOW CARE WORKS
CARE serves early-career pastors and their congregations through pastor compensation coaching for congregational boards, financial management coaching for pastors; and financial assistance toward retirement and student loan accounts.
FINANCIAL COACHING
Pastors/Ministers
Working with a certified financial planner (CFP), pastors/ministers work through essentials of personal financial well-being like establishing emergency funds and creating a budget; consolidating loans; setting family financial goals.
Congregational Boards
Working with a congregational coach, church boards and finance committees are presented with best practices in structuring pastor compensation for:
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IRS compliance
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Leveraging compensation dollars for maximum pastor benefit
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FINANCIAL ASSISTANCE – PASTORS/MINISTERS
When coaching tasks are completed, financial assistance is granted to pastors, either to student loan or retirement accounts. The amount varies each year according to the number of applicants and the dollars available.
PASTOR RENEWAL GRANTS – PASTORS/MINISTERS
A limited number of pastor renewal grants are available to qualifying pastors to address the negative impact of the pandemic on emotional and spiritual health.
For more information, contact CARE administrator Courtney Porter at cporter@chog.org or 800-848-2464.
The CARE Process
Coaching for Boards – structuring pastor compensation package (2 months)
- Complete application – Pastor/Minister
- Schedule conversation #1 – Pastor/Minister + CARE Coach
- Schedule conversation #2 – Pastor/Minister + CARE Coach + Champion
- Introduce Coaching Plan to the Board – Champion or Pastor/Minister
- Schedule Board Coaching Session (60 min) – Board + Coach
Coaching for Pastors/Ministers – managing personal finances and setting goals (2 months)
- Schedule conversation #1 with Coach – Pastor/Minister + Coach
- Turn in finance paperwork to Coach – Pastor/Minister
- Schedule conversation #2 with Coach – Pastor/Minister + Coach
- Receive Grant Award Forms from CARE – Pastor/Minister
Financial Assistance
- Funds applied to Servant Solutions retirement account and/or student loan institutions
CARE Story
Healthy Pastors = Healthy churches
Almost 50% of Church of God pastors in the U.S. say that financial stress can make them feel like giving up.
CARE can help 100%
Almost 50% of Church of God pastors in the U.S. say that financial stress can make them feel like giving up.
CARE can help 100%
Headed to a 2020 Regional Convention?
Learn more about pastor compensation at a special free Pre-Convention elective, Pastor Compensation Matters.
Wednesday, 1:00-2:30PM
at each of the 3 Regional locations
Please indicate your attendance in your Regional Convention registration
at each of the 3 Regional locations
In partnership with Servant Solutions
