presbyterian investment & loan program Archives

Funds freed up for 1001 New Worshiping Communities program

Posted May 4th, 2022

An Indiana judge signed an order recently that frees up funds at the Presbyterian Foundation to support the 1001 New Worshiping Communities program at the Presbyterian Mission Agency.

Presbyterian Mission Agency Board OKs proposed budgets for 2023-24

Posted April 27th, 2022

The Presbyterian Mission Agency Board approved proposed 2023 and 2024 budgets for the mission agency Wednesday of about $70.1 million for 2023 and about $70.7 million for 2024.

Committee approves proposed 2023-24 budgets for the Presbyterian Mission Agency

Posted April 13th, 2022

The Resource, Allocation and Stewardship Committee of the Presbyterian Mission Agency Board approved proposed PMA budgets for 2023 and 2024 Wednesday. Those budget proposals now go on for consideration by the full PMA Board when it meets later this month and then by the 225th General Assembly this summer.

Mid Council Financial Network announces virtual conference Dec. 14–15

Posted November 22nd, 2021

The Mid Council Financial Network (MCFN) — the only entity that serves the needs of volunteer and paid staff with primary responsibility for finance, administration and management in the PC(USA)’s 166 presbyteries and 16 synods — has opened registration for its annual program.

Presbyterian Foundation acts to free up funds for 1001 New Worshiping Communities

Posted July 16th, 2021

The Presbyterian Foundation plans to soon take action that could free up millions of dollars to support the Presbyterian Mission Agency’s 1001 New Worshiping Communities program.

Small group leads big solar projects at Kansas church

Posted May 3rd, 2021

The numbers are kind of eye-popping. A total of 207 solar panels installed over four phases in as many years They generate 64.575 kilowatts of power 364 megawatt-hours of energy annually That offsets 70.33 tons of carbon or 1624 trees.

Property stewardship virtual conference envisions ‘A New Thing’ on its opening day

Posted December 15th, 2020

The Mid Council Financial Network (MCFN) held the first day of its two-day virtual seminar Monday, focusing on the trends, tools, and resources available to Presbyterian Church (U.S.A.) synods, presbyteries, and congregations as they care for their physical property.

Projection: PC(USA) revenues will be down about $9 million in 2020 due to COVID-19

Posted August 21st, 2020

During Friday’s wrap-up of three days of online meetings, the Presbyterian Church (U.S.A.), A Corporation Board of Directors circled back to the topic of financial projections in the face of the COVID-19 pandemic.

Getting their feet wet

Posted August 20th, 2020

Members of the Presbyterian Church (U.S.A.). A Corporation Board of Directors eased their way into three days of online meetings Wednesday, helping four new members learn about their roles and how the A Corporation, which dates back to 1799, fits in and works with other PC(USA) agencies and boards.

Presbyterian Mission Agency Board gives investment and loan program some lending latitude

Posted May 13th, 2020

With unanimous approval Wednesday by the Presbyterian Mission Agency Board, the Presbyterian Investment & Loan Program can now issue lines of credit to, for example, presbyteries for such purposes as maintaining and preparing property for sale.