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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 Exiting MTD Transfer policy is a different policy than the annual allowed MTD Transfer Request policy and the one transfer per year rule does not apply to exiting transfers,
Example:
Fill out the Exiting MTD Fund Transfer request form below and email the completed form to payroll@reliant.org.
Unique Situations:
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