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This webinar will present strategies and tools for determining if, when, why and how much a church should borrow.
Used strategically, debt can be a valuable tool for churches wishing to expand their mission and ministry. Understanding when – or if – a congregation should consider assuming debt is the key to successful debt management. Jim Rissler and Clare Lewis with The Presbyterian Church (U.S.A.) Investment & Loan Program will share best practices: the pros and pitfalls experienced by hundreds of congregations who have successfully (and some not so successfully) used debt as an effective tool for ministry.
Thanks to PILP, this webinar is offered for free. PILP plans to offer a replay after the live event.
Who should attend? Pastors, session members, financial committee members, mid council leaders, and members of building/property committees
James G. Rissler is president and C.E.O of the Presbyterian Investment & Loan Program. He served as the program’s senior vice president and chief operating officer from 1999 through 2014. Prior to joining the program, he spent 17 years in the banking industry most recently serving as a vice president with PNC Bank, N.A. He holds a Bachelor of Science degree in economics and business administration from Vanderbilt University. He is a trustee on the board of the Presbyterian Homes & Services Foundation, Inc., and was past chair of the board of Presbyterian Homes & Services of Kentucky, Inc. He is a ruling elder and a former trustee of Harvey Browne Memorial Presbyterian Church where he has held a variety of committee positions mostly in the budget and stewardship areas.
Clare Lewis is vice president of sales and marketing for the Presbyterian Investment & Loan Program. She has 17 years of experience developing marketing and sales programs in the not-for-profit industry. Most recently, she served as publisher of Congregational Ministries Publishing – a ministry area of the Presbyterian Mission Agency. She holds a degree from Wilfrid Laurier University in Waterloo, Ontario, Canada. She is a member of Harvey Browne Memorial Presbyterian Church in Louisville, Kentucky, and a former youth pastor at First United Church, Kelowna, British Columbia.