THE FINANCIAL WELLNESS INITIATIVE

Relief Grants  •  Education Experiences  •  Wellness Incentives

Premiering October 2021

WHAT IS THE FINANCIAL WELLNESS INITIATIVE?

The Financial Wellness Initiative will build upon the success and learnings of The Ministerial Excellence Initiative by offering ministers the opportunity to receive financial relief grants, financial education experiences, financial planning services, and financial wellness packages.

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FINANCIAL RELIEF GRANTS

Grants will be available from the CBF Emergency Fund to help pastors address immediate financial needs related to medical debt, credit card debt, educational loan assistance, or other financial concerns.

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FINANCIAL EDUCATION EXPERIENCES

Ministers and their spouses may receive a travel stipend to CBF Church Benefits educational event on topics such as preparing for retirement, clergy taxes, debt reduction, cultivating generous congregations and more.

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FINANCIAL PLANNING INCENTIVES

Ministers may receive additional funding towards their retirement account with CBF Church Benefits when they develop a financial plan through Empower Retirement.

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FINANCIAL WELLNESS PACKAGES

Congregations seeking a new minister may request a financial wellness package from CBF Church Benefits to assist them attract and retain new ministerial leadership.  CBF Church Benefits will provide funding such as:

  • Debt relief for the new minister
  • CBB retirement account for the new minister

 

The Minister's Guide to Compensation will assist you to develop a comprehensive compensation and benefits plan that meets the needs of the congregation and the minister.

Reimagining Financial Wellness:

Lessons from the New Normal