Doug Wilson writes about a local church’s advantages “to support a hundred missionaries at $25 a month,” namely, to diversify and minimize risk. The entire article is worthwhile, but this is his summary.
I think it was Andrew Carnagie who said to put all your eggs in one basket, and then to watch that basket. But watching the basket involves work. We would rather put 25 eggs in 25 different baskets, and then not watch anything.
The mantras of “personal knowledge” and “investment in lives” sound really good, almost hip even. But there is no way to do it without the willingness of the elder board to say to someone that they want him to “stop that.” And it cannot be done without an acknowledgement on the part of those who are sent that they are submitted to personal and real authority.
And the final kick in the pants:
But because we love our independence, because we are soft in our doctrine of how the Trinity knits us together, we would rather diversify the risk. We love our mutual funds.