GCFA

A procession of United Methodist bishops leads opening worship at the 2024 United Methodist General Conference on April 23, 2024, in Charlotte, N.C. The board of The United Methodist Church’s finance agency voted to give bishops a 3% retroactive salary increase. The move comes after bishops in December asked to forgo a raise in 2025 amid tight budgets denomination-wide. File photo by Mike DuBose, UM News.

Bishops given 3% retroactive pay hike

The board of The United Methodist Church’s finance agency voted to give bishops a salary increase that starts at the beginning of this year.

General Church

The Rev. Johnsie Whitfield Cogman helps collect the offering during opening worship service of the 2012 United Methodist General Conference in Tampa, Fla. Overall giving to denomination-wide ministries was down in 2024, compared to 2023. But the denomination’s financial leaders are hopeful that the significantly smaller budget approved at last year’s General Conference in Charlotte, N.C., will be much more in line with the denomination’s giving capacity. File photo by Paul Jeffrey, UM News.

Giving dips in 2024 ahead of smaller budget

Collections for United Methodist general-church ministries dropped in 2024, but financial leaders expect the denomination’s much smaller budget will better align with giving going forward.

General Agencies

A procession of United Methodist bishops leads opening worship at the 2024 United Methodist General Conference in Charlotte, N.C. At the bishops’ request, the board of the General Council on Finance and Administration approved a 2025 spending plan that includes no raises for the episcopal leaders. Photo by Mike DuBose, UM News.

Bishops forgo pay raises to shore up funds

As The United Methodist Church deals with deep budget cuts, the denomination’s financial leaders supported the bishops’ request for no salary increase.

General Agencies

The Rev. Reggie Clemmons, vice president of the General Council on Finance and Administration board, leads morning devotion Aug. 7 at the board’s organizing meeting in Franklin, Tenn. He is singing “How Great Is Our God.” Behind him are Bishop David Graves (left), GCFA board chair, and the Rev. Moses Kumar, the top executive of the denomination’s finance agency. Photo by Heather Hahn, UM News.

Amid uncertainty, finance board plans for new day

The board of the United Methodist finance agency elected officers, tackled a tough situation in Nigeria and confronted lingering worries about the denomination’s financial picture.

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