finance

General Agencies
The General Council on Finance and Administration board at its online meeting Aug. 19 designated how to use proceeds from the sale of the agency’s headquarters in Nashville, Tennessee. The agency staff members are moving into the nearby Harry Denman Building, which is also home to Discipleship Ministries and the United Methodist Board of Higher Education and Ministry. Photo by Mike DuBose, UM News.

Grappling with mixed news on giving, church exits

Board members of The United Methodist Church’s finance agency discussed the potential impact of rising church disaffiliations even as they celebrated an uptick in giving and the sale of the agency’s building.
Local Church
High gas prices and inflation are affecting the ministries of United Methodist pastors in the U.S., who are dealing with increased demand at food pantries and other charities, as well as their own paychecks not stretching as far. Original photo by Paul Brennan, courtesy of Pixabay; graphic by Laurens Glass, UM News.

Inflation, gas prices complicate ministries

Rising prices are affecting the ministries of United Methodists, especially rural multi-point charges. Pastors also are finding the buying power of their paychecks shrinking.
General Agencies
Leaders of Wespath, the denomination’s pension agency, met with central conference representatives in Königswinter, Germany. Photo by Klaus U. Ruof, The United Methodist Church in Germany.

Wespath talks pensions at Germany meeting

Officials of the United Methodist Church’s pension and health benefits agency met with central conference representatives to discuss pension plan sustainability in a challenging period for the denomination.
General Agencies
United Methodist bishops hold hands in prayer during a day of prayer for the 2019 United Methodist General Conference in St. Louis. The General Council on Finance and Administration board approved a monthly stipend for active bishops who have led more than one episcopal area since January 2021. File photo by Mike DuBose, UM News.

Extra pay approved for bishops with extra workloads

The board of The United Methodist Church’s finance agency has approved a monthly stipend for active bishops who serve more than one episcopal area in this time of disruption.

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