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Sad, To See Another Church Close It Doors Because Of Financial Problems and Predatory Lending Practices By A Bank.

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Reader according to research, on an average day in the United States, nine churches close their doors for good. This isn’t often talked about, partly because it’s not exactly breaking news. Church professionals know the trends: church membership and religious affiliation are declining. Relatively few churches are growing. It’s particularly hard to talk about your own church’s demise. It’s not easy to say what sometimes needs to be said: “It’s time for our church to close.”

Religious leaders in Bridgeport announced last Saturday that one of the biggest churches in the city was shutting down this past week.  Parish officials say the Cathedral of the Holy Spirit on Union Avenue is in foreclosure and the bank will take possession of the building. According to former Bishop Kenneth Moale's wife, the church is in need of $150,000 by this past Monday to keep the bank from foreclosing on the church.

Fix It Jesus: Powerball Winner Gives $680,000 To Pleasant Hill Missionary Baptist Church.


Reader, in my opinion, she is wrong for making a donation to her PASTOR, instead of directly helping those that desperately need help.
Marie Holmes, winner of $88 million Powerball in March, made a Christmas gift of $680,000 to the church she has attended since she was a girl. Holmes, a 27-year-old single mother from Brunswick County, won $188 million but opted to take a lump sum of $127 million. After taxes, she went home with $88 million. When her prize was announced, Holmes said she planned to tithe, or give 10 percent of her winnings to charity.

Her gift to Pleasant Hill Missionary Baptist Church will pay for long-overdue repairs and renovations to the church and its equipment. Holmes' aunt, Carmel Wheaton, said five generations of her family have been members of Pleasant Hill, a 130-year-old church located in Brunswick County about halfway between Shallotte and Ocean Isle. The predominantly African American church has about 400 members and about 135 regular attendees, Pastor Rev. Dr. Vaughn Cherry said.

Comments

  1. The amount of money she will make just in interest per year will be more than enough to help those in need. As being someone who has managed a great deal of money in my time, I don't think she was wrong. We don't even know the terms and conditions in which she gave the money. She is now able to afford a staff/ lawyers to ensure that the money is well spent. At least that would be the most wise thing to do. She may have also opened an account that the church itself couldn't open to begin with. Under fdic laws, banks can't insure your money more than 250000. 500000 if it's a joint account. So in my opinion more than likely a financial advisor watches where that money goes and if any infidelity is found on the pastor's part, she would be informed of it. When people recieve such a huge windfall (lot of money) advisors will tell clients to obtain from promising or giving just because they feel happy to. Emotions are high and you may make decisions that aren't wise nor in our case haven't been prayed over. Anyways I don't think she was wrong in wanting to give anything; but depending on how she gave it will determine if it was wise decision. Tithing to different charitable organizations and churches is commendable as well but again she will probably be surrounded by wise enough council to determine how to accomplish that. And of course by being connected to the Holy Spirit and by referring to God's word daily; she will be fine.

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    Replies
    1. That'll buy a lot of weed for her and the boyfriend.

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    2. Hell she also spent almost 10 million dollars bailing her deadbeat boyfriend out of jail 3 times.

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  2. She's not wrong....if she gave it to the church the pastor can use it to help those in need. And if the pastor chooses to fix the church so that they can continue to help those in need theres nothing wrong with that. There's many ways to help those in need.

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    Replies
    1. Years ago, churches wouldn't touch lottery winnings, or other 'tainted' money.

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  3. Ann I agree it's a bad investment.

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  4. If you could explain your basis for how she was wrong that would help. Why is it a bad investment?

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    Replies
    1. Right Marsha...explain...

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    2. It's a bad investment in my opinion because she looks real silly and stupid buying the pastor a new car.

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    3. Because she "looks" silly...REALLY...

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    4. OOPS, she is silly!

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  5. it's her money, she can give it to whoever she wants to. the story states that she gave it to the church. so are you saying that by her giving it to the church, she was actually giving it to her pastor??? is the story stated incorrectly??? even if she did give it to her pastor, what is wrong with that??? and how do you know that she did not help anyone in desperate need??? how much money must she give to someone in order to say that she "helped them"???

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  6. Question: how much money did the church give her when she was in need because for some reason all these churches need repairs. She gave the church $700,000!!! Add that to the $3 million that she wasted on her bum ass jail bird boyfriend Hot Sauce. The contradiction of these hoodrats is unbearable. Pastor Cornbread is smiling this morning.

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    Replies
    1. I hear your point, the pastor is probably already looking at the latest Mercedes.

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  7. It's her money and she can do as she sees fit. I guess it's true what they say: people without money are always trying to tell people with money what to do with their money.

    Wonderful of her to think of her church. That's not a story you hear often from winners who are more consumed with buying things and eventually blowing it all.

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  8. This comment has been removed by the author.

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  9. Why do people see offerings to church as a bad thing. Surely governments who always take more than 10% of wages are the ones who should be taking care of the poor and disenfranchised. Her money her choice to give

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  10. Ms. Ann, one year COGIC took in $6 million in 'assesments' and then spent $1.2 million on the general board. I think they hit the jackpot too lol

    http://www.cogic.org/generalsecretary/files/2014/10/April2014Minutes.pdf

    Financial start on page 95

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