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February 12, 2020

Free Financial Health Resources

By Ken Baldes, Vice President for Operations/Treasurer

Since 2018, The Alliance has partnered with the National Association of Evangelicals (NAE) and the Lilly Foundation with an initiative that helps strengthen the financial health of our pastors and churches. Whether it’s time for a financial health checkup, budget adjustments to address life changing situations, or a plan to achieve long term goals, our partnership provides numerous resources and benefits to help pastors and churches:

   Access to Free Financial Resources

Several financial resources are available for pastors and church leaders at Alliance Financial Health including:

  • Assessment tools
  • A budget development tool to help live within (or below) your means
  • A guide to assist in planning and saving for retirement
  • Financial and generosity teaching materials
  • Free church financial resources from the Evangelical Council for Financial Accountability (ECFA)
  • Saving and Investing with Orchard Alliance

    Free Online Courses

We invite pastors (and spouses, if married) to register for an online course.

“The ‘God Is Your Provider Personal Finances Course’ was a godsend! Brian’s down-to-earth counseling really put things into perspective. There were many things that my wife and I were taking for granted, but Brian’s teaching helped us to get on the right track. I strongly encourage each pastor to go through this class!
— Rev. Hector Belen

For more information about the courses offered, visit: Alliance Financial Health

    Grant Opportunities

Three grant opportunities for pastors are available, including:

  • Medical Bill Assistance Grant up to $2,000
  • Life Insurance Grant to Protect Your Pastor’s Loved Ones
  • Retirement Savings Jump Start Grant of $2,000

If you think your pastor would benefit by one of these grants, encourage him to apply.

    Bless Your Pastor Resources

For those of you who blessed your pastor(s) during Clergy Appreciation month in October or with a Thanksgiving or Christmas offering, thank you! Caring and showing appreciation for your pastors and their families are so important. Your pastor can be blessed again! Here’s how:

Your lead pastor is eligible to receive a $150 Amazon e-gift card if you meet the following criteria:

    Additional Questions

Thanks for caring for your pastor’s and church’s financial health. If you have any other questions, feel free to contact Alliance Benefits by calling (800) 700-2651 or emailing benefits@cmalliance.org.
 
 
 
Ken serves as treasurer for The Christian and Missionary Alliance and is vice president for Operations/Finance. In this position he is responsible for Finance, Alliance Benefits, Technology, and Operations and Business Services. He also serves as the liaison between the C&MA and several supporting organizations as well as the treasurer for Alliance World Fellowship. Ken is passionate about mobilizing a healthy National Office team in order to serve our C&MA churches, districts and international fields.


Posted in: 403(b) Plan Tools, Health Plan Tools