Financial Well-Being


Latest Updates

Clergy Emergency Support Request: Financial emergency support for urgent or crisis situations is provided to eligible clergy up to $5,000.

Resources for clergy and congregations

The following programs and resources are suggested to clergy and churches as part of the Dakotas-Minnesota Area’s participation in Lilly Endowment’s national initiative to address “Economic Challenges Facing our Pastoral Leaders”. The holistic approach to address these challenges includes opportunities and grants primarily focused on improving personal financial well-being, but also to strengthen church financial health and grow a culture of generosity. Funding for many of the opportunities listed is made possible through grants awarded the Area by Lilly Endowment.

Church Financial Management and Stewardship

EY Financial Services provides access at no charge to a financial planner if you are enrolled. Obtain access to the helpful webinar, “Navigating Finances in Turbulent Times."

Free Financial Education materials for all clergy: All clergy under appointment may obtain free financial education materials (up to $150 value). Contact Diane Owen, diane.owen@dkmnareaumc.org, with your request. You are not limited to the option below. This is simply one suggested tool for your consideration.

  • Saving Grace, financial management from a Wesleyan perspective just for clergy

Financial Ministry grants for churches: Strengthening the financial health of our churches begins with improving the financial well-being of our congregations. Your church may apply for a financial ministry grant (up to $500 value) to offer financial education for individuals in the church or community. Contact Diane Owen, diane.owen@dkmnareaumc.org, with your request. You are not limited to the options below. These are simply choices for your consideration.

  • Saving Grace, financial management from a Wesleyan perspective
  • Six Weeks on Money, a digital course and small group experience for church leaders to offer their church and community.

Financial Counseling, in one or more virtual sessions to provide triage or urgent guidance with current financial challenges, can be arranged with financial counselor, Sarah Swantner, at no charge for up to six sessions. Call Sarah Swantner, certified financial counselor, Black Hills Integrative Counseling and Coaching, and certified financial planner with Kahler Financial Group, directly at 605-519-6141, or by email. Learn more about Sarah. For more information about financial counseling or connecting with a financial counselor, contact Diane Owen at 507-244-0311, or email.

Investing in Leaders Resource Grant: The Investing in Leaders Resource Grant focuses on educational debt reduction. The 2023 application will be posted later this spring. Applicants will be asked to engage with a student loan repayment counselor, if they have not done so already, to be eligible for consideration. If you need more information about connecting with a student loan repayment counselor, please contact Diane Owen, Area Director of Clergy Well-being at diane.owen@dkmnareaumc.org.

LSS Financial Services: This nonprofit, holistic credit counseling organization provides a wide variety of financial resources and counseling at no charge.

Practical Church Leadership certificate program for clergy: (Formerly known as Nonprofit Church Leadership certificate program.) Applications for the 2023-2024 program are now being accepted. Clergy may apply for this year-long, online graduate certificate program through Dakota Wesleyan University designed to increase competencies in leadership. Applicants will need to ask the Leadership Team of their church to complete this Endorsement of Participation. 85 percent of the $7500 tuition cost is funded. The pastor and the church work together to cover the remaining $1000.

Tax Accountants for Clergy: View a list of Minnesota tax accountants who can work with clergys' unique situation.

Not finding what you are looking for?

Access Clergy Grants information


"Money Matters" e-newsletter

To better provide you with timely and helpful resources about money matters, the "Money Matters" quarterly e-newsletter was shared with all clergy in the Dakotas and Minnesota Annual Conferences. The newsletter is now suspended, but the past editions may hold information you will find useful.

The purpose of the e-newsletter is to offer information about opportunities and resources that could help clergy's financial health and well-being. Some of these resources apply to only clergy, and some are financial opportunities for the local church.  View all editions of "Money Matters"

Contact

To learn more about any of the resources or grants on this page, contact Diane Owen, the DK-MN Area Lilly Grant Program Director. diane.owen@dkmnareaumc.org / (507) 244-0311


Minnesota Annual Conference of the United Methodist Church

122 West Franklin Avenue, Suite 400 Minneapolis, MN 55404

info@minnesotaumc.org

(612) 870-0058