CORAL SPRINGS, Fla. (BP) -- Church by the Glades in Coral Springs, Fla., is a case study in how Cooperative Program giving has fared during the decade since the financial crisis of 2008.
Ten years ago, the congregation was thriving. Worship attendance was at 3,500 and climbing; pledges had been made for a multimillion-dollar building program; and southeast Florida's real estate market was hot.
Then what has been dubbed the Great Recession hit. The housing bubble burst -- striking regions like Florida, California and Las Vegas particularly hard -- and the stock market's Dow Jones Industrial Average experienced its largest single-day drop to date in late September 2008. Read More