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This policy applies to all church and project funds and to grants used for distribution of monies as defined in the following ways:

Unrestricted Church Funds: 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. These are unrestricted, non-revenue funds (accounts), and funds (money) only come in and out through internal transfers.

Restricted Church Funds:  These funds receive donations from outside donors with the purpose to fund the church/ministry/network expenses, possible ministry grants, and/or Reliant employees/associates associated with the church/ministry. The purpose tends to be more general and fund distribution tends to be determined by church leadership. 

Restricted Project Funds:  These funds receive donations from outside donors to help fund the projects that the church/ministry/network wishes to accomplish. These projects generally tend to have an end date versus going on in perpetuity. The purpose of project funds can vary but they tend to be more specific with a focused purpose in mind.  

Grants: Grants are used for disbursement of monies to pay out expenses incurred that are in line with the approved church/project fund purpose in a matter compliant with applicable laws and regulations.

Reliant Point Person is desired to be a Reliant employee/associate assigned to be the fund custodian, responsible for the management of the fund and compliance with policy and standards, and acts as the main contact for the church/project fund, and is required for all church/project funds.

Standards Supporting This Policy

• Church and Project Fund Standard
• Grant-Making Standard

Policy Statement

The Reliant Board of Directors ("Board") delegates to Reliant leadership the authority to establish church and project funds in order to further Church and project funds are utilized to finance ministry projects and activities that are not typically financed through Ministry Team Development (MTD). Monies from funds are disbursed through the grantmaking process. The establishment and disbursement of Church and project funds must be consistent with, and further, Reliant's tax-exempt purposes and to make grants from the established funds, in a matter compliant with applicable laws and regulations and according to in accordance with the criteria outlined below.

Project and Church Fund Approval Criteria

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