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Lilly Grant Initiative: Educate, Equip, Enact
$500,000 Lilly Endowment Grant Received for Addressing Economic Challenges of Rostered Ministers in the Rocky Mountain Synod
In 2016 the rostered ministers and congregational leaders of the Rocky Mountain Synod were surveyed about their challenges in leading thriving ministries in their communities for Jesus’ sake. The responses revealed that financial challenges are common, with the top money concerns coming from seminary debt, low salaries, concerns about the economic viability of the congregations, and the congregation’s capacity to manage finances. With that knowledge, we applied for and received a grant from the Lilly Endowment to help us address those concerns with Educate, Equip, Enact.
Educate, Equip, Enact is a three year, multi-pronged approach to build up our financial wellness and help us recognize the partnership we all share in ministry. The program includes educational opportunities for rostered ministers and congregations, a matching grant program for rostered ministers, and a leadership team that works on the systemic issues that lead to debt for our rostered ministers. We have been trusted with an abundance of wealth. Educate, Equip, Enact is in place to help us be faithful managers of those gifts as we support our rostered ministers in ways that enhance the quality of their ministries for God’s good in the world.
The people of Grace Lutheran in Colorado Springs have had a rich year in many ways. At the end of 2015, they received a generous bequest.After months of prayer and a community-wide process of discernment throughout much of 2016, significant gifts were given last December to twelve local and global organizations. Their largest gift was to the Ministry Excellence Fund, which is part of Educate, Equip, Enact. Read More
WE NEED YOU: Educate, Equip, Enact Project Director is seeking 10 rostered ministers or lay persons across the Rocky Mountain Synod to serve as Financial Wellness Advocates. READ MORE about Position Description and contact information for interested parties.