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The Reliant Board of Directors delegates Reliant leadership the authority to approve church and project funds to further Reliant’s tax-exempt purposes by establishing these new fundstypes of church and project funds as defined in the above policy, in a matter compliant with applicable laws and regulations and according to the requirements outlined below. If deemed necessary by Reliant leadership, the Reliant Board may be asked for their additional approval. The Program Team will oversee all church/project fund requests, including obtaining approvals, coordinating with relevant departments, and finalizing fund setup.

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Restricted church/project funds may be requested by Reliant partners regardless of whether that partner has Reliant employees/associates. Unrestricted church/project funds may only be created for partners who have Reliant employees/associates due to the purpose of the fund. 

Purpose:

Unrestricted Church/Project FundChurch Fund: The Program Team will review and approve every unrestricted church and project fund request as the sole purpose of these designated funds (accounts) is to absorb leftover funds (money) from exited staff that were a part of their church/ministry (typically for residencies/internships) and use those funds to help support other staff at the same church/ministry who need assistance with raising support. Any partner within any program team may create an unrestricted church /project fund for this purpose. Exit transfers must follow the order of eligibility (outlined in Exiting MTD Funds Transfer) for exit funds distribution. 

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The Director of Organizational Affairs will also confirm that the proposed budget categories included on the restricted church/project fund request for fund distribution through grants are in alignment with the fund purpose given.

If the sole purpose of a church/project fund is to support the funding of a Designated Grantee, the name of the Reliant project fund must be the church/project name and not the name of the Designated Grantee. Contributions given to the church/project fund are not considered personal gifts for the Designated Grantee. All contributions are the sole property of Reliant Mission; Reliant’s desire is to honor the donor preference of the contribution but Reliant has complete discretion and control over the use of the donated funds as part of our 501(c)3 status.

Projected Amount:

Required approval related to the projected amount of the church/project fund is as follows:

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Reliant Point Person is a Reliant employee/associate assigned to run point as be the main contact for the church/project fund and is required for all church/project funds. The Reliant Point Person receives and distributes acts as a custodian of the fund and in some cases may receive and distribute monies on behalf of the church/ministry to any Designated Grantees. All church/project funds are required to have an individual assigned as the Reliant Point Person.. 

Authorized Signer(s) is the individual(s) who is authorized by the church/ministry to approve transfers, reimbursements, grants, and other payments from the church/project fund as outlined on the original church/project fund request form. 

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