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The Ministerial Excellence Fund provides grants to qualifying pastors and full-time associate pastors in the United States who have been accepted into the COMPASS Journey. Our goal is to reduce the financial strain experienced by a significant number of ministers thereby empowering them to lead effectively as they model and teach biblical stewardship.
One of the ways to reduce financial strain is to improve financial communication between the local church and its pastor. This requires honesty and transparency from the pastor in giving specific church leaders an accurate view of his or her financial situation. It also requires sensitivity and creativity from the church leaders in providing a monetary grant to improve their pastor's financial situation.
The COMPASS Initiative will match the local church's grant up to $5,000.
Student Debt Relief
This program provides matching grants that will enable ministers to pay down debilitating student debt arising from ministerial preparation.
Personal Debt Relief
This program provides matching grants that will enable ministers to pay down debilitating personal debt arising from consumer loans, medical expenses or other debt not related to student loans.
This program provides matching grants that will be additional contributions to the pastor’s Nazarene 403(b) Retirement Savings Plan account.
JOURNEY TO FINANCIAL FREEDOM
Grants are available for pastors who have completed the COMPASS Journey.
Learn more about the COMPASS Journey to see if you qualify.