To qualify for a grant or loan from Regular Baptist Builders Club, a church must meet the following requirements:
- Must be in active fellowship with the national body of the General Association of Regular Baptist Churches.
- Must demonstrate spiritual health and vitality as a congregation.
- Must show evidence of spiritual impact upon its community.
- Must request aid only for genuine needs the church cannot otherwise meet.
- Must display sense of purpose and direction, and current evidence of reaching toward specific goals under the leadership of a godly pastor.
- Must provide tangible evidence of financial responsibility.
- Must certify agreement without mental reservation to the doctrinal statement and separatist position of the GARBC, and demonstrate this affinity by active participation in the Fellowship.
- No grant shall be given for the purchase or erection of a parsonage; for assistance in the liquidation of a debt, or any part thereof, contracted previous to building construction; or to subsidize the salary of the pastor.
- Each grant or loan to any church shall not exceed $20,000 for Build Up and $30,000 for Start Up. A portion of the funds may be designated as a grant, loan, or both at the discretion of the administrators. The loan portion is to be repaid in five (5) years with no interest. There will be a 6 percent per annum charged on the unpaid balance if paid in six to eight years. Though an ethical obligation exists, no legal action will be taken if the church fails to repay the loan amount.
- The administrators of Regular Baptist Builders Club look with concern upon making a grant to a church whose building program appears to be excessive or whose missionary program is of such proportion that either or both of these prevent the church from assuming its Scriptural financial responsibility to the pastor. The full-time ministry of the pastor is essential to the progress and growth of the church, the maximum benefit in the use of its facilities and the ultimate development of a greatly enlarged missionary program.
STATEMENT OF PURPOSE, PREAMBLE, GUIDELINES
- Each church should read and be familiar with the Statement of Purpose, Preamble, and Guidelines set forth by Regular Baptist Builders Club Board of Administrators and Council of 18 before completing an application.
STATEMENT OF PURPOSE, PREAMBLE, GUIDELINES; Applications
Application deadline: March 15 for the spring meeting or September 1 for the fall meeting.
Applications can be submitted in the following ways:
USPS: RBBC, 3715 N. Ventura Dr., Arlington Heights, IL 60004
For any questions please contact the RBBC Administrative Assistant, Kristen Nolan by email at email@example.com or by office phone at 847-585-0803.