Welcome to Solomon!

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  • A clear purpose for the money, including names of Designated Grantees. If the purpose of the fund changes, including changes to Designated Grantees, an addendum to this agreement is required. 
  • All contributions are the sole property of Reliant; Reliant maintains full control of the donated funds and ultimate discretion as to their use for Reliant’s ministry purposes. 
  • For gifts to a Reliant fund to qualify as tax-deductible, they must be intended by the donor for use by Reliant Mission and are not personal gifts to an individual. If an individual associated with the church/project fund moves to another ministry, the funds do not follow as funds are intended for the ministry, not the individual.
  • Overfunding of the church/project fund remains with the fund.
  • Grant stipend disbursement amount does not increase based on donations received to the church/project fund. The amount can only be increased by submitting a new grant request. 
  • For a Designated Grantee to receive stipends from Reliant, the Designated Grantee and donor must understand the church/project funds are not supporting an individual. They are supporting a pre-approved ministry purpose by a Reliant-approved church/project and ministry partner. 
  • In the unlikely event of a cancellation of the church/project fund purpose or plans, Reliant will not issue refunds to donors. Reliant will use the funds for other similar Reliant mission activities beginning with those associated with the connected church/ministry. 
  • Local Laws....maybe spell out how detailed we are asking for the purpose...

Approval:

All approvals including approval from the Reliant board must be received prior to church/project fund creation. 

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