The Presbyterian Church (USA) got a jolt of good news at its General Assembly when a Denver businessman pledged $150 million to help start new churches. It is the largest donation in the history of the denomination.
Stanley W. Anderson, chairman and chief executive of E-Smart Services Inc., a technology company specializing in commercial credit cards, offered the donation to the new Loaves and Fishes Church Growth Fund.
Anderson said he was frustrated by the denomination’s persistent membership loss.
“I share with you that I am tired of seeing the annual report of our denomination that shows a net loss of membership, the decrease in mission giving and a struggle to balance the books,” he said to more than 500 delegates June 15 as he announced the gift.
The money will be used to start new churches, transform struggling congregations and develop ethnic congregations. Mission causes and seminaries will also receive part of the money.
“He feels God has blessed him abundantly and he wants to share that,” said John Detterick, executive director of the church’s General Assembly Council. “It’s the largest gift the church has ever received.” (RNS)
Share with others: