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Compass Journey

A one-year program of
training, practice, accountability, and teaching in the area of personal finances and biblical stewardship.
40 Lifelong Learning Hour Credits
Plus a matching grant of up to $5,000 USD

The COMPASS Journey is a self-directed program in personal finances for pastors and full time associate pastors to assist them in managing their own family finances and to empower them to model and teach biblical financial stewardship.

Personal finances for many pastors can be very challenging. This program helps them manage and reduce educational debt, plan for retirement, stop living paycheck to paycheck, and more.

The COMPASS Journey also empowers transparent and safe financial conversations between the pastor and spouse, as well as between the pastor and lay leaders.

Biblical Stewardship

The pastor and spouse (if married) form a Journey Team with two lay leaders to create a Journey Plan. The plan will include 40 hours of financial training for the pastor and stewardship training for the local church.

local pastor
Pastor

The Journey Team determines which goals and financial training resources best fit the minister’s personal situation, and include them in the Journey Plan.

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Local Church

The Journey Team determines which goals and financial training resources best fit the local congregation’s financial situation, and include them in the Journey Plan.

Interactive

Journey Map

CreateEngageReceiveExplorePlot a CourseBegin the JourneyCourse CorrectionsArrive at DestinationEnjoy Newfound Freedom!Explore your needs.Explore the COMPASS Academy.Include your accountability team in the planning process.Fill out each section of the Journey Plan.Submit your Journey Plan and receive approval.Communicate with church leadership.Your COMPASS accountability team advocates for you.Begin folowing your Journey Plan.COMPASS sends the matching grant to the local church.Submit quarterly reports.Submit the final report and the final grant request.The local church gathers its total contribution to your grant.The local church disburses the grant funds.Send receipts for debt payments to The COMPASS Initiative.Explore the needs of your church.Amend your Journey Plan as necessary.

A Cooperative Effort

Matching Grants

Ministers who complete the COMPASS Journey program are eligible to receive matching grants of up to $5,000 USD to reduce personal debt and/or to increase retirement savings.

local church
Local Church

The minister’s local church provides a grant for their pastor to assist in paying down personal debt or for increasing retirement savings, upon completion of the COMPASS program.

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COMPASS

Using the Ministerial Excellence Fund, COMPASS matches the local church grant, dollar for dollar, up to $5,000 USD, essentially doubling the minister’s financial relief.

goal
Our Goal

Our goal is to reduce the financial strain experienced by a significant number of ministers, thereby freeing them to follow God’s call with fewer financial hindrances.