Christian Chronicle (Austin, Tex.), Vol. 26, No. 44, Ed. 1 Monday, November 10, 1969 Page: 3 of 8
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The Minister and His Finances
By David Stewart
Ground breaking ceremon-
ies for the new science center at
Freed-Hardeman College, Hen-
derson, Tenn., will be Nov. 15.
The ceremony will be tied in
with F-HC’s homecoming and
high school activities.
Pepperdine College recently
hosted 250 southern California
high school counselors to ac-
quaint them to new curriculum
plans at the Malibu campus.
Women for Columbia, an
organization to help Columbia
Christian College, Portland,
Ore., were recently lauded by
Dr. Rex Johnston, president, for ■
“getting us out of the mud.”
A memorial scholarship
fund in memory of the former
principal of Sundeen, Tet., Jun-
ior High has been established at
Abilene Christian College. L.L.
Shannon died Oct. 11. The fund
. will assist Sundeen graduates
who •will attend ACC.
More than 3,300 gathered
in McQuiddy Physical Education
Building on the David Lipscomb
College campus, Nashville,
Tenn., to hear an address by
President Athens Clay Pulllas,
Oct. 3. The convocation kicked
off the college’s 79th year.
Nolan Crawford has been
named coordinator of the Bristol
Rond School of Preaching, Flint,
Mich., which will open Sept. 1,
1970. He will be working with
Eugene Pigg, Bristol Road min-
The:
. Campus
. .
For The Minister...
, Keith Robinson, mission-
ary to Rome, Italy, is at Hard-
ing College, Searcy, Ark., this
year as a visiting missionary and
lecturer in the college’s MIS-
SION/PREPARE program.
During the past summer Dr.
Joe Hacker, chairman of the
Bible department, led a team of
49 workers for ten weeks in
Germany. Joe Cannon, former
missionary on campus, with a
group of 14 workers toured 11
cities throughout the Far East,
conducting four campaigns—
three in Japan and one in Oki-
nawa. Robert Eubanks, assistant
professor of speech, conducted
meetings in Denmark and Swe-
den in an effort called SOS—
Salvation of Souls in Scandana-
via. Jimmy Allen, assistant pro-
fessor of Bible, preached in a
campaign in Belfast, Ireland.
Jerry Jones, assistant professor
of Bible, and Gene A. Ell more,
director of the news bureau,
teamed with Ivan Stewart, direc-
tor erf campaigns from Oklahoma
City, to conduct a campaign in
Brisbane, Australia. Fifty work-
ed in this campaign. Robert
Street, manager of the college
farms, lead a group of workers
through two campaigns in North
Battlefield, Saskatchewan, Cana-
da. Evan Ulrey, chairman of the
department of speech, lead a
group to a June For Germany
soT -
I
Because of his position of leadership and trust, the minis-
ter’s private life is always open to public scrutiny. This is
especially true in money matters, and the way the minister
manages his finances will either jeopardize or enhance his .
ministry. The following suggestions point to a life style that
will keep the minister’s financial dealings above reproach.
1. Keep accurate financial records.
2. Negotiate salary arrangements before you accept a new
work. The minister today seldom has to play the role of
the “poor parson.” In discussing salary before he accepts a
position, such “fringe benefits” as hospitalization, retirement
insurance, and social security payments should be included. ‘
There should also be an understanding concerning how many
weeks off the minister is to receive for meetings and vacation
and whether these are to be with or without pay. If a resi-
dence is not furnished by the church, a portion of his salary
can be specified as a housing and utilities allowance, which
effects a tax savings for the minister.
3. Don’t ask for ministerial discounts. This not only re-
flects a non-biblical view of the ministry, it also casts a re-
flection on the church’s willingness to pay its minister a
living wage. If merchants offer unsolicited discounts, the
minister should accept this gesture with grace while making
plain that he does not seek such financial favors.
4. Take advantage of income tax deducations applicable
to ministers. As is true of others classified as “self-em-
ployed” by the Internal Revenue Service, the minister can
deduct certain expenses necessary in his work, such as car
expense, books purchased for his library (depreciated over
a period of time, usually ten years}, housing expense (if he
furnishes his own residence), and any other expenses directly
connected with his work. He should remember, however, to
declare as additional income any gratuities from weddings,
meetings, or other speaking engagements.
5. Establish a systematic program of savings.
6. Set up a workable budget. effort
7. Avoid get-rich-quick schemes. The average miriister is
ill-equipped to evaluate the various “investment* schemes he
will be offered. In the past ministers have been exploited by
sales programs for vitamins, chinchillas, insurance, personality
improvement programs, and various franchised merchandise.
In addition to risking financial loss, the minister seriously
jeopardizes his influence with the congregation and may in-
advertently get the reputation of being a “huckster.”
8. Invest for long-term growth. While avoiding the above-
described schemes, the minister can invest in reputable
mutual funds, certificates of deposit, annuity programs, and
listed stocks purchased through licensed brokers for long-
term growth.
9. Avoid amassing large debts. If a minister builds up
a substantial debt and then moves to another work, he may
leave behind large debts through no fault of his own. This
can generate unfounded gossip directed against the church
and make his successor’s acceptance by the community more
difficult. Arrangements should always be made with creditors
when one moves away.
10. Be wary of financial ties to members of the congrega-
tion. Borrowing money from members of the congregation or
investing in a business owned by a church member may
generate problems which will affect the minister’s work.
11. Prevent promoters from trading on the minister's
name. Insurance agents, encyclopedia, or Bible salesmen,
building contractors, and other solicitors will often seek en-
dorsements from the minister, sometimes promising a “kick-
back” for each sale. The minister should avoid being caught
in this potentially embarrassing position.
12. Be sensitive in accepting gratuities. The minister should
not accept payment for conducting funeral services. This is
just as much a part of his ministry as is visiting the hospital,
baptizing, or teaching. If a bereaved family wishes to express
its appreciation, suggest that they make a gift to the church
or to the church library in honor of the deceased. It is
always appropriate, however, for the minister to accept
reimbursement for out-of-town travel expenses connected with
such duties, and it is customary for him to accept gratuities
for weddings and special speaking appointments if offered.
13. The minister’s contribution to the church should be istfcr.
based on the same principles applicable to any Christian.
The minister faces the temptation either: (a) to give less
because of the sacrifices he is making by earning less as a •
minister than he would in another vocation, or (b) to give
more in order to set a pattern for the congregation. Both
extremes ignore the biblical criteria for stewardship.
Turn to Minister, p. 6
November 10, CHRISTIA N CHR ON !CLE Page 3
ATTEND
November 39, 1969
State
II*
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ORDER
FROM
A valuable aid to teachers, preachers,
and Bible students, this is the sixth
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Guest Speaker
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HOMECOMING
6th A Izard Church of Christ
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I Nam* _
I Addreee
1 CMy
...
i. ■
They raised $5,000 for a parking
lot on campus. The ribbon-cut-
ting ceremony was Oct. 15 dur-
ing the annual fall Bible lecture-
ship. Mrs. Robert Cash is the
president. They will have a holi-
day fair Nov. 22 to raise more
funds for campus improvements.
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Christian Chronicle (Austin, Tex.), Vol. 26, No. 44, Ed. 1 Monday, November 10, 1969, newspaper, November 10, 1969; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1320840/m1/3/?q=Lamar+University: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Abilene Christian University Library.