Faith+Finances+Freedom basics

2018-02-12T08:46:04-05:00January 14th, 2017|Categories: Faith-Finances-Freedom|

“Faith +Finances + Freedom” is inspired by the Lilly Endowment 2016 National Initiative Addressing Economic Challenges Facing Pastoral Leaders. We conducted four different surveys within the NC Synod with 593 responses from rostered leaders and their spouses, congregation financial secretaries/treasurers and our retirement services provider, Portico. Our research revealed high debt loads, low savings, and poor financial literacy, complicated by the decreased capacity of some congregations to provide adequate compensation for rostered leaders.