1/20/2016 11:20:00 AM
CHICAGO (ELCA) – The Evangelical Lutheran Church in America (ELCA) has received a $1 million grant as part of Lilly Endowment Inc.’s National Initiative to Address Economic Challenges Facing Pastoral Leaders. The endowment is giving a total of $28 million through this initiative, which supports religious organizations across the country as they address the financial and economic struggles that often impair the ability of pastors to lead congregations effectively.
“Concern for the financial well-being of rostered leaders was increased by the concerns about the growing debt load of Master of Divinity graduates who were about to begin their ministry in the ELCA,” said the Rev. Wyvetta Bullock, ELCA assistant to the bishop and executive for administration. “Subsequently, it became clear that all ELCA rostered leaders, the congregations which call them and the members who are served, could benefit from renewed attention to financial literacy and stewardship.”
For more on this article visit ELCA.org