CBF believes congregations flourish when pastoral leaders
are empowered to minister and lead.
CBF partners with pastoral leaders and congregations to understand and to help overcome the economic barriers that impede their mission.
CBF equips pastoral leaders and congregations by providing a variety of resources including financial education, coaching and grants.
Therefore, CBF Ministerial Excellence Initiative grant provides personal and congregational financial education and monetary assistance to pastoral leaders within the Fellowship. The application process leads the applicant through stages of data gathering and reflection on the state of their personal financial affairs. The application also asks for committment to the grant award process, which includes financial education and training, and consultation with a financial advisor. Approved applicants will be awarded up to $10,000 of which $2,000 will be used to set up a retirement account with the CBF Church Benefits Board or add to an existing retirement account with the Church Benefits Board.
All eligible appliants will meet with a financial advisor to confidentially discuss their individual circumstances. The advisor will specifically address the prominent issues revealed during the consultation. Recommendations by the financial advisor as to the potential impact of receiving a grant award will be shared with the CBF Grant Committee.
Upon completion of both the online application and the financial advisor consultation, applications will be evaluated according to various criteria such as:
• Engagement of applicant with CBF
• Affirmation of the Grant Covenant
• Recommendation of financial advisor
• Financial need related to CBF primary focus areas: debt ratio, health benefits, and retirement planning
The final decision of a grant award will be based upon the recommendations of the CBF Grant Committee, the financial advisor, and Ministries Council representatives.
When filling out the application, please be mindful that:
• All fields are required
• All information should be based on total family financials
• All information is kept strictly confidential
Our goal is to provide education throughout the application and award process for pastoral leaders and congregations. We are committed to protecting the privacy and dignity of each applicant and to seek to honor Christ in every aspect of this process.
Ministerial Excellence Initiative Grant Committee