Dallas, TX (October 2, 2023) – To mark the start of Pastor Appreciation Month, GuideStone® today announced the launch of its free, online Ministerial Resources Center, which provides assistance to ministers and church decision makers on how to enhance their financial security and resilience. This new resource center includes seven educational videos, providing guidance on navigating the unique IRS guidelines and benefits applicable to ministers, along with best practices for pastoral salaries, Social Security and insurance.
The Minister Financial Education Videos cover a variety of relevant topics, including: “What does it mean to be a minister for tax purposes?” and “What is the difference between the lump sum “package” approach and a salary-and-benefits approach?” Along with these videos, additional in-depth resources and articles will be available, designed to provide answers to common financial and tax-related questions specific to pastors.
“For over 100 years, GuideStone has been a trusted partner and advocate for pastors and ministry leaders,” said Hance Dilbeck, president of GuideStone. "Pastors tirelessly dedicate their time and resources to serving the Lord and caring for their congregations. It is GuideStone’s mission to provide expert guidance that will enable them to advance the Kingdom of God with financial security and resilience.”
GuideStone evaluates minister-specific IRS tax guidelines, insurance and approaches to pastoral compensation with financial expertise and a biblical perspective. These resources are designed to guide pastors and ministry partners on how to make wise financial decisions that strengthen both their individual financial security and the well-being of the church.
“GuideStone is pleased to be able to provide a dedicated space with financial resources and tools to help ministers start well, stay well and finish well,” said Christy Teeter, chief retirement officer at GuideStone. “Providing financial security and resilience allows pastors to remain focused on the ministry to which they have been called.”
GuideStone provides churches, ministries, faith-aligned institutions and Christian households with financial solutions that support our shared biblical values — equipping believers to lead resilient lives and advance the Kingdom of God. GuideStone is also the home of Mission:Dignity®, which provides financial assistance to retired Southern Baptist pastors and their widows who are near the poverty line. Learn more at GuideStone.org.
Director of Enterprise Communications
GuideStone Financial Resources of the Southern Baptist Convention
Roy.Hayhurst@GuideStone.org | (214) 720-2141