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Fundraisers are responsible for knowing the information that appears on any website or paper form that asks for funds, and must ensure donors have access to the information.

Fundraisers are responsible for knowing the information that appears on any website or paper form that asks for funds, and must ensure donors have access to the information.

2010 example:

Gifts are tax deductible;  GCM is exempt from federal tax under IRC 501(c)(3). GCM (member ECFA) strives to maintain the highest standards of financial integrity and accountability. Whenever consistent with its charitable purposes, GCM seeks to honor preferences expressed by ministry partners; however, GCM reserves ultimate discretion and full control of donated funds.  GCM strongly supports the ministry of the local church and desires that your support of GCM not cause you to decrease the amount you currently give to your church. 

Credit card companies charge additional fees; GCM recommends bank direct debit giving for lower overhead costs. The transaction date for both direct debit and credit card giving will be on or near the 5th or the 20th of the month. You may stop, start or change your LifeLink giving at any time by visiting www.mygcm.org, by calling GCM at 877-614-4600, by emailing LLP@gcmweb.org or by writing to GCM at GCM, PO Box 7101, Winter Park, FL 32793-7101.  Thank you for your generosity!

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Accounts and Numbers Assigned to Employees and Donors

Fund Number

Every fundraiser using the Ministry Team Development process is assigned a ministry Fund Number. This number is used to keep track of the amount of money generated for GCM through the fundraising efforts for that ministry. Missionaries are assigned a single ministry fund based on their unique ministry job description, however a fund can have multiple fundraisers (solicitors), in cases of a married couple, some project funds, or mission trips.

This number also represents an account that the Finance Department uses to reconcile payroll and expenses with the amount of funds allocated to an employed missionary as a result of their fundraising efforts for GCM.  Fund numbers are typically formatted:  FD####.

Raiser's Edge Number.

GCM uses an industry standard enterprise gift tracking database by Blackbaud called The Raiser’s Edge. Every donor who is contained in or added to the GCM gift-tracking system is assigned a Raiser's Edge constituent number.  This number is found on donor receipts and is the quickest way to access donor and gift records.  Raiser’s Edge numbers are typically formatted RE#####.

Foreign Currency

GCM prefers to receive contributions in US currency but will accept foreign currency. Contributions will be converted to US dollars and any receipt issued will be based on the value of the currency after conversion on the date of the deposit. Credit cards can only be accepted when issued by US banks.

Gifts may not be tax-deductible outside the United States.

Stock, Non-Cash, Property, Estate

For less common or non-cash giving options, see the section 6.6