faith + finances + freedom
The Lifeline Fund
The Lifeline Fund
Through a “scaling grant” from the Lilly Endowment, Inc. awarded to the North Carolina Synod, synods in Region Nine are invited to participate in the “Faith + Finances + Freedom” initiative. This is part of the “National Initiative to Address Economic Challenges Facing Pastoral Leaders.”
The North Carolina Synod, Virginia Synod, Southeastern Synod, South Carolina Synod, and Caribbean Synod agreed to collaborate by raising matching funds as they work to address the economic challenges facing rostered leaders.
We are excited about this opportunity to be Church Together, awarding grants to Rostered Leaders for Education Debt Relief, and grants to Congregations for Stewardship Education!
Education Debt Relief
Three Major Components
- Financial Literacy
- Financial Peace University
- Financial counseling with LSS Minnesota or Portico
- Education Debt Grants
- Grant levels will vary depending upon the level of debt and ability to repay
- helps leaders reach financial goals (optional)
New applicant’s requirements:
- Complete the Financial Peace University course
- Receive 3 free financial counseling sessions from a Portico or LSS Minnesota representative
- Submit proof of education loan payments for the previous 12 months
- Submit your Report to your Bishop for the current year
To apply you must meet the following requirements:
- Complete the application
- Submit proof of debt payments for the previous 12 months
- Submit your Report to the Bishop for the current year
A Video Explanation from the North Carolina Synod
Are you a rostered minister who would like to reduce your family education dept”? If so, view the video titled, Save Yourself. While this video was produced by the North Carolina Synod, it also addresses what a difference it can make for all rostered ministers who receive debt education re-payments to relieve the stress of financial dept and to sustain healthy ministers in this church. In the video you will hear from pastors and deacons who have received education debt re-payments. The Rev. John Mocko, is Program Coordinator, Lifeline Fund, North Carolina Synod. South Carolina Synod also participates in the Lifeline Fund by providing education debt re-payments for rostered ministers along with Virginia Synod, Caribbean Synod, and Southeastern Synod. Contact Rev. Ozzie Herlong (email@example.com) or go to (link) for more information.
South Carolina congregations will work with their Directors for Stewardship (The Rev. Ozzie Herlong) to receive monetary support for participating in one of three stewardship efforts:
- “Stewardship for All Seasons” (SAS)
- “Cultivating Generous Congregations” (CGC)
- “Executive Certificate in Religious Fundraising”
Is Your Congregation Struggling with Church Finances?
Although there is strong desire among many ELCA congregations to be financially healthy, it is common for congregations to wrestle with financial problems.
- Shrinking attendance in worship
- Decreased giving
- Short tenure of congregational treasurers
- A reluctance to apply business practices to the finances of a church
- Lack of financial knowledge among pastors and many in the congregation resulting in struggles with budgets, resource allocation and sustained growth
Through the ELCA’s Resourceful Servants the “Congregational Certificate Program”, offers your congregation the opportunity to follow a road map to greater financial stability, using healthy behaviors which focus on five key areas: Accounting, Finance, Human Resources, Risk Management and Stewardship.
Each module contains resources related to healthy financial behaviors. Ultimately, by implementing and maintaining a set of financially healthy behaviors, and tracking them through this website, your congregations will receive a certificate, indicating your focus on financial health.
The goal of the program is for your congregation to deepen its financial knowledge and improve its financial behaviors, enabling you to best use the funding available to you.
Click here for more information: https://www.resourcefulservants.org/congregations/
Program Director, John Mocko, at 336-596-4517.
Get In Touch
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ELCA South Carolina Synod
1003 Richland Street
Columbia, SC 29201