Gifts of Grace Grants

Grant for Educational Loan Reduction:  This grant provides up to $3,000 to assist a rostered minister with paying down a loan incurred to obtain their college or seminary degree. Click here to apply.

Retirement Readiness Compensation Equity Grant:  Rostered ministers who are paid below guidelines or in a part-time call can apply for this grant to receive an additional contribution of up to $1,400 into their Portico retirement account.  The amount is based on the number of steps paid below guidelines.  A grant of $500 is available for rostered ministers in a part-time call. Click here to apply.

Retirement Readiness Contribution Challenge Grant: Congregations generally give 10% of a rostered minister’s compensation for retirement saving, yet financial planners recommend 15% or more to adequately prepare for retirement.  Gifts of Grace offers this grant to encourage rostered ministers to close this gap and practice investing for retirement.   As a special incentive to get rostered ministers started on this practice of putting pretax dollars into their Portico retirement account, Gifts of Grace will give first-time applicants a $900 grant for their first contribution of at least $600 to their Portico retirement plan.  Second-time applicants may receive a $600 grant for their contribution of at least $600.  Those who have received the grant two or more years can receive a $300 grant for their contribution of at least $600. Click here to apply.

Grant for Medical Expenses:  Did a mental or physical medical event cause a spike in your medical costs?  Is a chronic medical issue causing struggles?  The synod would like to express its support for you through the Gifts of Grace program with a medical expense grant of up to $1,000.  Unlike the above three grants which are open for two and half months, applications for this grant are taken year-round. Click here to apply.

Please reach out to Andrew Hermodson-Olsen [email protected] if you have any questions.