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How remaining funds are handled is differently for ongoing missionaries and those that are part of a fixed term program. Please select your status below for the specific policies for your exit. |
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If the missionary is involved in a one-year or fixed-term Reliant intern ministry program experience, where the church or ministry has a Reliant Ministry Project Fund and will have new missionary intern participants each year or each fixed-term, the full amount remaining in the intern missionary MTD fund will be transferred directly to the specific corresponding Reliant Ministry Project Fund. If there is no specific corresponding Reliant Ministry Project Fund, then any leftover MTD funds will be transferred to the Reliant Staff Ministries Fund. |
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If a local church or ministry is the single donor to Reliant for the ministry of a missionary and the missionary is exiting Reliant employment, Reliant will generally transfer all remaining funds in the exiting MTD fund to another Reliant Missionary MTD/Dept. Fund(s) at the request of the leadership of the local church or ministry. This allows the local church or ministry to give additional donations to Reliant to keep the missionary fully funded without experiencing any shortfalls in paying salary, benefits or ministry expenses. It also keeps Reliant from having a negative balance in the missionary MTD account. If the local church or ministry does not request an internal transfer of the remaining funds into another Reliant Missionary MTD/Dept. Fund(s), Reliant will refund the remaining funds in the exiting MTD fund back to the local church/ministry. |
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When a Reliant missionary exits with a balance remaining in the MTD account they’re responsible for after all other expenses have been paid, the following policy will automatically apply toward the treatment of any remaining funds in the closed MTD account: The first $15,000 will be transferred to Reliant accounts and any funds over $15,000 will be transferred to the project fund most closely related to the missionary's ministry role.
Example:
Fill out the Exiting MTD Fund Transfer request form below and email the completed form to payroll@reliant.org.
Exceptions to the above policy:
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