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titleOngoing US and International Missionaries

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. (NOTE: This exiting transfer request policy will apply even if the missionary has already requested and had an MTD transfer request approved within the same calendar year of their exiting Reliant staff)The Exiting MTD Transfer policy a different policy than the annual allowed MTD Transfer Request policy

  1. The missionary may request specific accounts for transfer for the first $13,000 of that $15,000
    1. Transfers cannot exceed $5,000 for staff MTD account to MTD account transfers. 
    2. Transfers cannot exceed $8,000 for staff MTD account to a Project account transfers.
    3. The remaining $2,000 will be transferred to the Reliant Staff Ministries Fund
  2. If any amount of the first $15,000 is not designated in a transfer request, that amount will also be transferred to the Reliant Staff Ministry Fund.

Example:

$16,000Remaining final balance in MTD account of College Church Ministry/Ken Jones
($5,000)Ken Jones' request for MTD fund transfer to another Reliant staff MTD account, approved by Reliant management
($8,000)Ken Jones' request for MTD fund transfer to Reliant project/church/ministry fund FD####, approved by Reliant management
($2,000)Transferred to the Reliant Staff Ministries Fund
$1,000

Total remaining amount transferred to the project fund most closely related to the missionary's role upon final closure of MTD account.


Note
titleDeadline for Transfer Requests

Transfer requests from exiting missionaries must be received by the 16th day in the month of exit. If a transfer request is not received by this deadline, an appeal may be submitted to payroll@reliant.org within 3 months of the missionary's exit for a late transfer request to be considered. Appeals that are submitted more than 3 months from the missionary's exit date will not be eligible for consideration. 

Fill out the Exiting MTD Fund Transfer request form below and email the completed form to payroll@reliant.org. 

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titleExiting Missionary Transfer Request Form
urlhttps://docs.google.com/spreadsheets/d/1gsomM_bkdawCdwXwRE2Je97_8h7Kb1j7jP_lUjIzgQw/copy

Exceptions to the above policy:

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titleReliant Missionaries transferring into a 100% support based role with another 501(c)(3) ministry

It is Reliant's desire to be generous when the missionary's exit is to a formal support-based deputized mission agency role. 

The Reliant missionary should contact payroll@reliant.org by the 16th day of the month of exit to discuss the process of transferring employment to another ministry or church and the process of contributing any remaining MTD fund balance to the new 501(c)(3) nonprofit ministry or church.  

Reliant will generally allow for the contribution of any remaining MTD missionary account funds to be contributed to the new ministry, mission agency or church if the Reliant missionary is exiting and:

  1. Will be transferring their ministry employment to another 501(c)(3) nonprofit ministry, mission agency or church that is using a dedicated 100% support-based deputized fundraising model (like Reliant). 
  2. The exiting Reliant missionary will be responsible to raise 100% ministry support for their new role.
  3. Anticipates that there will be an MTD account balance remaining upon their exit from Reliant
  4. The ministry, mission agency or church  provides adequate substantiation that they are a 501(c)(3) nonprofit. 

Please contact your Liaison with help with this process.


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titleReliant Missionaries transferring into a partially support-based role at another 501(c)(3) ministry

It is Reliant's desire to be generous when the missionary's exit is to a formal support-based deputized mission agency role (like Reliant). 

 The Reliant missionary should contact payroll@reliant.org by the 16th day of the month of exit to discuss the process of transferring employment to another ministry or church and the process of contributing any remaining MTD fund balance to the new 501(c)(3) nonprofit ministry or church.  

  1.  The missionary may request an internal transfer amount per the above policy up to $13,000.
  2. If any amount of the first $15,000 is not designated in a transfer request, that amount will be transferred to the Reliant Staff Ministry Fund,
  3.  After the above process of transfers is followed, Reliant will generally contributed the remaining funds to the missionary's new ministry, mission agency or church. 

Example for when the receiving 501(c)(3) does NOT use a dedicated 100% support-based deputized fundraising model:

$18,000Remaining final balance in the MTD account of College Church Ministry/Sue Smith
($5,000)Sue Smith's request for MTD funds transferred to another Reliant Staff MTD Account, approved by Reliant management.
($8,000)Sue Smith's request for MTD funds transferred to a Reliant Church/Project Fund FD####, approved by Reliant management.
($2,000)Transferred to the Reliant Staff Ministries Fund.
$3,000 Excess contributed to outside ministry, mission agency or church.



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