The Financial Services Department provides assistance in financial and ethical issues related to staff support for the purposes of planning compensation, including retirement. GuideStone Financial Resources of the Southern Baptist Convention provides the “Church Retirement Plan,” a tax-sheltered annuity (TSA) or Internal Revenue Code section 403(b) (9) plan.
“Financial Issues for the Church” is a two-hour conference discussing legal, theological and ethical issues for compensation and other rules for the church, the pastor and/or staff. The target audience is the Finance Committee, the Church Treasurer, Deacons and other church positions related to financial issues.
Mission: Dignity is a GuideStone ministry to help make life better for God’s retired servants. It provides financial assistance to pastors and/or their widows who are 65 or above. Contributions to the “Church Retirement Plan” enable one to receive aid. Mission: Dignity currently provides financial support for nearly 2500 retired Southern Baptist ministers or their widows. Qualifying individuals receive $225 a month and qualifying couples receive $300 a month. The neediest persons with at least 30 years of SBC ministerial service may receive as much as $600.
Churches, Sunday School Classes or individuals who contribute to Mission:Dignity allow a larger number of ministers/widows to receive aid each month. Any size gift is accepted and nothing is removed for administrative cost – 100% is used to help someone in need. All gifts are tax deductible to the maximum allowed by law.
The Mississippi Baptist Convention has limited funds for financial assistance to retired ministers/widows.