Welcome to Solomon!

Enter the Access Code below

Access code is invalid

Solomon Logo

Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

  • 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. 
  • Confirm that clarify is given to donors and designated grantees....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 or if a foreign national had raised support but decided not to continue in the internship or role with the church/ministry, 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...backpay would not be issued the next month if underpaid the previous month

...