Lilly Endowment – Clergy Economic Initiative
“FLOURISH!” That is our desire for every clergy person serving the Christian Church in Indiana. Yet financial challenges often limit our ability to do so. A generous grant from the Lilly Endowment has charged us with alleviating some of the economic challenges that clergy and congregations face.
Through this grant program, the Christian Church in Indiana is creating a Financial Literacy Academy, in collaboration with the Pension Fund, available to all clergy with standing. By attending succeeding sessions of the academy, clergy will be educated in various aspects of personal and congregational finances. We encourage spouses of pastors and congregational leaders to attend the trainings as well.
In addition to education, we will plan to provide monetary assistance to up to 27 clergy ordained or commissioned for five years or more. The Financial Relief Grant has been created to provide direct assistance to clergy for debt relief, retirement planning, or healthcare. We will also be offering Compensation Support Grants to 16 congregations to bolster their ability to increase the compensation base of their Senior minister or other pastors, while gaining the knowledge and confidence to increase their capacity to grow their own financial base. We look forward to empowering all Indiana clergy to live a life of financial peace.