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Stories tagged with: guidestone

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  • Final rules guard conscience from abortion mandate

    by Tom Strode, posted Friday, November 09, 2018 (one month ago)

    Image: iStock/license purchase required.
    WASHINGTON (BP) -- The seven-year battle by objectors to the abortion/contraception mandate has come to a regulatory close with a victory for freedom of conscience.

    The Trump administration issued two final rules Nov. 7 that supply conscience protections to Americans with a religious or moral objection to the 2011 mandate instituted under President Obama. Announcement of the regulations came a day after an election that resulted in the Republican president's party losing control of the U.S. House of Representatives while maintaining its Senate majority. Read More

  • Housing allowance defended in appeals court

    by Roy Hayhurst and Tom Strode, posted Thursday, October 25, 2018 (one month ago)

    Image: iStock/license purchase required.
    CHICAGO (BP) -- Lawyers for both the U.S. Justice Department and a religious freedom organization defended the constitutionality of the ministerial housing allowance Wednesday (Oct. 24) before a federal appeals court.

    A three-judge panel of the Seventh Circuit Court of Appeals in Chicago heard oral arguments regarding a 2017 opinion that invalidated the allowance as an unconstitutional violation of the First Amendment clause that prohibits government establishment of religion. The Trump administration and Becket Fund for ... Read More

  • GuideStone: 2019 health plans to see added benefits

    by Roy Hayhurst, posted Wednesday, October 24, 2018 (one month ago)

    DALLAS (BP) -- Consultations with doctors through telemedicine will be available at no out-of-pocket charge for the majority of participants in the health plans of GuideStone Financial Services in 2019.

    The popular Teladoc service provides a consultation with board-certified physicians via phone or computer. Participants can have a prescription sent to a local pharmacy for pickup, though co-pays still apply.

    Additional enhancements include a new diabetic management program, elimination of some inpatient co-pays in comprehensive plans and reduced individual maximum out-of-pocket charges. Read More

  • GuideStone assesses stock market's recent volatility

    by Roy Hayhurst, posted Tuesday, October 23, 2018 (one month ago)

    DALLAS (BP) -- Increased market volatility, which has commanded increased headlines in the days leading up to the November mid-term elections, has caught many by surprise. However, David S. Spika, chief strategic investment officer for GuideStone Financial Resources, noted that stock market volatility is a common and normal occurrence.

    The stock market -- as measured by the S&P 500 Index, experiences price swings of 1 percent or more 62 times a year on average. The same broad index of the stock market averages only 71 trading days between declines of 5 percent or more.

    "The recent sell-off may feel unsettling to investors because they have been lulled into complacency by an historically low-volatility environment over the past couple of years," Spika said, "but it's actually quite normal and nothing to be concerned about at this time." Read More

  • Nehemiah Code: 'Never too late' for new beginning

    by Roy Hayhurst, posted Thursday, October 04, 2018 (2 months ago)

    DALLAS (BP) -- Whether it's revitalizing a church, dealing with a broken relationship or wrestling with one's own self-confidence, most ministry workers and other Christians will spend at least some of the next year trying to restore something.

    Nehemiah provides a key example for how to approach a rebuilding task, says GuideStone President O.S. Hawkins. Hawkins explores the example found in the Old Testament book in the latest installment of his Code series, "The Nehemiah Code: It's Never Too Late for a New Beginning."

    As with all of Hawkins' books, all author's royalties and proceeds benefit the Mission:Dignity ministry, which provides financial assistance to retired pastors, Southern Baptist workers and their widows in financial need. Read More

  • GuideStone launches new era at Pinnacle Tower

    by Roy Hayhurst, posted Wednesday, August 22, 2018 (3 months ago)

    GuideStone photo
    DALLAS (BP) -- Reflecting on the number of days GuideStone Financial Resources has served hundreds of thousands of participants, O.S. Hawkins noted that Aug. 20, 2018 -- the first day at GuideStone's new home -- was a momentous one, following the 100th anniversary of its beginnings in Dallas on July 31, 1918.

    "In Psalm 90:12, the prayer of Moses says, 'So teach us to number our days that we may get a heart of wisdom,'" Hawkins, GuideStone's president, noted. "We're good at counting months or years. In the financial industry, we number quarters. But a heart of wisdom counts the days."

    GuideStone occupies the top five floors of the 24-story Pinnacle Tower at 5005 LBJ Freeway across the Dallas North Tollway from the Dallas Galleria shopping center. Read More

  • GuideStone eyes 2nd century of finance aid & service

    by Roy Hayhurst, posted Monday, August 13, 2018 (4 months ago)

    GuideStone photo
    DALLAS (BP) -- In early August of 1918, William Lunsford, the founding chief executive of what today is GuideStone Financial Resources of the Southern Baptist Convention, received a letter from trustee Cullen F. Thomas. In it, Lunsford was advised that the state of Texas on July 31 had granted the charter for what was named the Board of Ministerial Relief and Annuities.

    The closing line of the letter simply said, "You are now a 'going concern.' May you continue to grow and go." Read More

  • GuideStone gains final win over mandate

    by Tom Strode and Roy Hayhurst, posted Friday, August 10, 2018 (4 months ago)

    DALLAS (BP) -- GuideStone Financial Resources has secured a conclusive victory in its lengthy, legal battle against the Obama-era abortion/contraception mandate.

    A federal judge in Oklahoma issued a final judgment July 17 in favor of the Southern Baptist Convention's health and financial benefits entity, as well as ministries it serves, GuideStone reported Aug. 8. The ruling brought to an end GuideStone's challenge of a 2011 rule issued by the Department of Health and Human Services (HHS) that helped implement a controversial health-care law enacted the previous year. The regulation required employers to provide their workers with coverage for contraceptives, including those that can potentially induce abortions, or face potentially devastating fines. Read More

  • TRUSTEES: GuideStone marks centennial anniversary

    by Roy Hayhurst, posted Friday, August 10, 2018 (4 months ago)

    NEW YORK (BP) -- Marking the 100th anniversary of GuideStone Financial Resources, the Southern Baptist entity's trustees gathered July 30–31 in regular session to hear ministry reports from its executive leadership team and staff.

    Trustees gave thanks to the Lord for the entity's ministry and for the vision of founder William Lunsford. The New York meeting site allowed trustees to recognize the contributions of John D. Rockefeller and his son John D. Rockefeller Jr., who together gave nearly $1 million in total during the board's first decade of service to provide financial assistance to retired Southern Baptist pastors and their widows. Read More

  • Tariff concerns needn't be 'distraction' to investors

    by Roy Hayhurst, posted Thursday, July 12, 2018 (5 months ago)

    Image: iStock/license purchase required.
    DALLAS (BP) -- Current news of tariffs and trade disputes has added volatility to the financial markets due to the uncertainty it creates but likely will have little impact on long-term investors, according to analysts with GuideStone Financial Resources.

    Despite initial concerns that the moves could hamper growth, global markets have generally continued to trade in a narrow range while investors evaluate other, likely more impactful, near-term economic developments. Read More