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SBC DIGEST: Church compensation survey underway; GuideStone offers single-staff churches health care options
In today's SBC Digest: Church compensation survey underway; GuideStone offers single-staff churches health care options. Read More
GuideStone: Don't panic over stock market volatilityDALLAS (BP) -- Volatility in 2018 may buffet the financial markets, which have grown feverishly since the election of Donald Trump in November 2016, according to retirement account assessments by leaders of GuideStone Financial Services.
Such was the case Jan. 30 when the Dow Jones Industrial Average fell 1.4 percent, or 363 points.
During 2017, however, all three major equity market indices -- the Dow Jones Industrial Average, the S&P 500 and the NASDAQ -- set record highs more than 60 times. The Dow climbed 28.11 percent; the S&P 500 climbed 21.83 percent; and the NASDAQ climbed 29.64 percent. Read More
GuideStone announces new location in DallasDALLAS (BP) -- GuideStone Financial Resources plans to relocate in late summer 2018 to 115,000 square feet of new leased offices about 10 miles north of its current facility.
The financial services arm of the Southern Baptist Convention has occupied its current home in Dallas' Uptown district since 1989. GuideStone's headquarters building has been sold, but will be leased back until the move can be completed.
GuideStone trustees have worked closely with staff as the entity undertook a study in early 2017 to assess its facilities needs in light of its long-range goals. The move to Pinnacle Tower in the North Dallas area will occur as GuideStone celebrates its 100th anniversary in 2018. It has been based in Dallas since its founding in 1918. Read More
GuideStone summit to tackle cybersecurity, sexual abuseDALLAS (BP) -- Cybersecurity and sexual abuse in the church will be among the topics discussed by key ministry decision makers, along with human resources professionals and financial officers of churches and ministries, during GuideStone Financial Resources' second annual Employee Benefits Summit.
The Southern Baptist Business Officers Conference and GuideStone Benefits Forum were merged last year to create a one-of-a-kind conference for church business leaders. The conference, which will be held March 26–28 in Dallas at The Westin Galleria, offers an expanded menu of networking and training opportunities. Read More
GuideStone enters centennial after an eventful 2017DALLAS (BP) -- GuideStone Financial Resources is entering its 2018 centennial following a year marked by continued recognition for its retirement investment performance and record support for retired ministers and their widows facing financial struggles.
Also during 2017, the Southern Baptist entity saw court-related advances for the sanctity of life but a new court challenge over the minister's housing allowance.
O.S. Hawkins had declared 2017 as the "Year of Innovation" in an annual tradition ... Read More
Church security focus of Texas seminarsDALLAS (BP) -- With church security on the minds of many pastors and other church leaders in the wake of the tragedy at First Baptist Church of Sutherland Springs, Texas, many churches of every size are re-evaluating their security protocols.
GuideStone Financial Resources and Brotherhood Mutual Insurance Company are offering two seminars in November for Texas churches interested in learning about implementing best practices for volunteer church safety and security teams. The events will also include training on protecting kids in the ministry environment ... Read More
Protection benefits changes announced by GuideStoneDALLAS (BP) -- GuideStone Financial Resources has announced changes to protection coverage offered to qualified participants in the Church Retirement Plan, the 403(b)(9) retirement plan offered exclusively to Southern Baptist churches and their staffs.
The minimum monthly contribution to their retirement account for those eligible for the benefits increases to $50 monthly, effective Jan. 1.
Disability benefits must begin before age 65 and will be limited to a payout of 60 months. Participants currently receiving benefits will not be affected. Read More
GuideStone health plans available amid ACA fluxDALLAS (BP) -- Inaction by Washington on reforms to the Affordable Care Act has led to much uncertainty for those in the health care exchanges created under the 2010 law.
GuideStone Financial Resources is prepared with options for churches looking to help their pastors and staff members obtain health care coverage for themselves and their families.
In many counties around the United States, only one option is available on the state Read More
Financial tips for churches, ministries in wake of HarveyDALLAS (BP) -- In the wake of Hurricane Harvey, GuideStone Financial Resources is offering tips for churches and ministries faced with property damage and claims.
Gaelen Cole, senior manager of risk and compliance for the Southern Baptist entity's Property and Casualty area says churches should consider four main steps: Read More
Market volatility: GuideStone offers tips, new fundDALLAS (BP) -- As the U.S. stock market continues to eclipse all-time highs -- the S&P 500 Index has recorded 43 new all-time highs between November 8 and August 11 -- analysts with GuideStone Financial Resources caution that the markets may be set for a period of extended volatility.
GuideStone also announced Tuesday (Aug. 15) they have launched a new fund that offers diversification aiming to address increased market volatility. Read More