Guarantor of Loans
The Baptist Fund guarantees loans made from church to church. Your
church can lend money to a sister church in need knowing that we stand
behind that loan.
Churches in need may borrow money from sister churches at a low interest
rate without the hassle of going to a financial institution.
Application:
PDF
ADDITIONAL INSTRUCTIONS:
Upon receipt of an application for a
church loan, the chair of BFRI will contact the applicant to begin the
process of finding a sister church that would consider loaning funds.
BFRI's role is that of broker, bringing the borrower and lender together
to work out a mutually agreeable loan.
BFRI also serves as the guarantor of the loan,
should there be a default.
Pastoral Support/Pastors in Crisis
The Baptist Fund recognizes the great value of our pastoral leadership
and provides the assistance
needed in times of crises.
BFRI offers grants to pastors and their spouses in need of
financial assistance, as well as support through availing
counseling, training , and spiritual direction.
We work with the Ministers
Council in assessing and
addressing each unique situation.
Application:
PDF
ADDITIONAL
INSTRUCTIONS:
This application serves as a guideline for an ordained pastor with
standing in ABCORI to seek help in a personal or family crisis.
All applicants should contact the Executive Minister and/or the ABCORI
Ministers Council president. Requests are handled confidentially
and promptly. Members of BFRI committee are only informed of the
financial amount disbursed through BFRI; no personal information is
given to the committee.
The Baptist Fund of Rhode Island supports the
ministries of local churches. Together, churches support
this Fund created to foster positive relationships among one other, and
to be there for each other in the pursuit of God’s Kingdom.
The BFRI supports youth ministry programs, local missions, new
ministerial endeavors, pastors in need, facility renovations ,
volunteer efforts and other ministry partnerships. We share our
prayers and contributions in order to accomplish the great tasks of
ministry that are at hand.
Together, as a family, we can move ahead in this 21st century as vibrant
and relevant Christians serving the Kingdom in our corner of the world
and beyond!
Youth Ministry
The Baptist Fund is one of the funding components of youth
ministry among our churches. We offer grants to local churches working
individually and together to support our youth. We support
leadership training programs organized by the Region, youth gatherings,
and participation in special National Conferences for our youth.
Application:
PDF
ADDITIONAL INSTRUCTIONS: Please include any
additional information within your application that will help BFRI
respond to your request in a thorough manner. Deadlines for Youth
Ministry applications are: March 31 & September 30. Decisions
regarding grant requests will be made known to all applicants by
BFRI in April & October. The disbursement of grant monies will be
made at this time.
Bank of Talents
The Baptist Fund is ready to assist churches in the creation of new
ministries by supplying skilled volunteers and seed money to launch ministry
programs. BFRI wants to be your partner in these new endeavors by walking
the journey with you ~ offering support, resources, and orientation.
Application:
PDF
ADDITIONAL INSTRUCTIONS:
Please include any additional information within your application that
will help BFRI respond to your request
in a thorough manner. Deadlines for Bank of
Talents applications are: March 31 & September 30. Decisions
regarding grant requests will be made known to all applicants by BFRI in
April & October.
The
disbursement of grant monies will be made at this time.