The health and well-being of congregations is directly connected to the health and well-being of pastors.
43% of Pastors Report Financial Strain
In the United States, the most common deterrent to pastor well-being is financial stress. In a recent poll of Church of God pastors, 43% reported that financial strain caused uncertainty regarding their ministry effectiveness, and whether or not they would be able to continue in pastoral ministry. That’s stress.
The efforts of CARE focus on young-in-ministry pastors. CARE identifies these pastors as:
By offering FREE financial guidance and planning to both pastors and church boards, and
By providing financial assistance to pastors, as
outlinedin the Program parameters, for
a) retirement accounts and
b) educational debt.
Through CARE*, Church of God Ministries seeks to address pastor financial stress in two ways:
Less than 40 years old, OR
Less than 10 years in Church of God credentialed ministry (as of January 2019).
*CARE is partially funded by a grant from the Lilly Endowment that seeks to address the economic challenges of ministry nationwide.