1. Benefits through the stages of your life. ASSISTANCE PROGRAM OVERVIEW

2. HISTORY OF THE PROGRAM 1717 Fund for Pious Uses 1754Widows’ Fund 1870Relief Funds for Disabled Ministers and Widows and Orphans 1876Presbyterian Board of Ministerial Relief 1883First ministerial retirement home 1909Sustentation Fund 1927Board of Pensions; first Presbyterian pension plan 1933First Christmas Joy Offering 1987 Assistance Program (combines pre-reunion programs) 2

3. FULFILLING OUR MISSION 3 There are three categories of Assistance Program grants Church Workers’ Urgent Financial Needs Retired Church Workers’ Financial & Housing Needs Pastors’ Vocational Leadership Needs

4. CHURCH WORKERS’ URGENT FINANCIAL NEEDS 1. Shared Grants 2. Emergency Assistance Short-term grants provided in cooperation with mid councils $3,000 to help defray adoption costs Dependent children entering freshman year of college; family income below 2x the churchwide median salary 3. Adoption Assistance 4. Transition-to-College Assistance 4 Four Types of Grants

5. RETIRED CHURCH WORKERS’ FINANCIAL & HOUSING NEEDS 1. Income Supplements 2. Housing Supplements Eligibility Age 65 or older Retired church worker or surviving spouse or covered partner 20 years of service (10 years, partial supplement) Participation in the Benefits Plan 5 Two Types of Grants

6. PASTORS’ VOCATIONAL LEADERSHIP NEEDS 1. Seminary Debt Assistance 2. Sabbath Sabbatical Support Pastors in first 7 years of ministry serving small congregations Grants of up to $1,500 per year, for up to 4 years $6,000 maximum per individual Pastors serving congregations < 200 members 10+ years in ministry Serving current church for at least 6 years Grants of up to $3,000 6 Three Types of Grants

7. 3. Presbyterian CREDO Mid-career pastors 8-day conference Participants focus on spiritual, vocational, health, and financial dimensions of their lives Recently ordained pastors New, 7-day conferences Held 2 successive years Participants focus on the 4 dimensions above, plus leadership formation 7 PASTORS’ VOCATIONAL LEADERSHIP NEEDS (CONT.)

8. PRESBYTERIAN CREDO FACTS Since 2005: 46 conferences and >1,000 clergy and presbytery executive staff Invitation by random sample of pastors 30-55 years of age (for Mid-Career); within first 5 years of ministry (for Recently Ordained) 30 pastors,8 faculty members, per conference Conference locations geographically diverse 8 conferences planned for 2014 8

9. ASSISTANCE PROGRAM 2013 TOTAL GRANT SUPPORT Three Categories Number Given Total Value Church Workers’ Urgent Financial Needs Shared Grants Emergency Assistance Grants Adoption Assistance Grants Transition-to-College Assistance Grants 483$552,000 Retired Church Workers’ Financial and Housing Needs Income Supplements Housing Supplements 582$4,816,000 Pastors’ Vocational Leadership Needs Seminary Debt Assistance Grants Sabbath Sabbatical Support Grants Presbyterian CREDO 259$310,000 GRAND TOTAL1,324$5,678,000 9

10. 10 ASSISTANCE PROGRAM FUNDING 5.Adoption Assistance Grants 6.Transition-to-College Assistance Grants 7.Seminary Debt Assistance Grants 8.Sabbath Sabbatical Support Grants 9.Presbyterian CREDO Gifts, Bequests & Endowments (Investment Earnings) Christmas Joy Offering* 1.Shared Grants* 2.Emergency Assistance Grants* 3.Income Supplements* 4.Housing Supplements* Types of Grants Funds

11. CHALLENGES 11

12. CHALLENGES Addressing the increasing financial needs of pastors and other church workers A 47% decline in the Christmas Joy Offering over the past decade A shrinking donor base 12

13. INITIATIVES Implementation of the funds development activities Annual Solicitations Collaboration with the Presbyterian Foundation Planned giving 13

14. COLLABORATION WITH THE PRESBYTERIAN FOUNDATION Ministry Relations Program - Regional Representatives (Board of Pensions) - Ministry Relations Officers (The Foundation) Face-to-face cultivation and solicitation opportunities Supporting one another’s missions 14

15. 15 This is the family of faith whom we serve….. “Whenever we have an opportunity, let us work for the good of all, and especially for those of the family of faith” ~Galatians 6:10

16. Watch the video on pensions.org 16