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- One approved MTD fund transfer request is allowed per year. If an internal MTD fund transfer request has already been approved in the year of exit, no other fund transfer may be approved upon exiting.
- The MTD account balance must be more than or equal to two months of the MTD goal plus the internal transfer amount requested. This rule does not apply to exiting missionaries or Associate missionaries.
- Transfers cannot exceed $3,000 for MTD account to MTD account transfers. *see exception details below
- Transfers cannot exceed $5,000 for MTD account to Dept account transfers. *see exception details below
- Director of Financial Operations and the Director of Organizational Affairs & Treasurer must approve all transfers made under this policy.
Automatic Internal Fund Transfer Policy for MTD Accounts of Exiting Reliant Staff
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| $8,000 | Remaining final balance in MTD account of College Church Ministry/Ken Jones |
| ($3,000) | Ken Jone's request for MTD fund transfer to another Reliant account, approved by Reliant management. |
| $5,000 | Total amount transferred to Reliant Staff Ministries Fund upon final closure of MTD account. |
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If there was a previously approved MTD transfer request granted within the same calendar year that the missionary exited, no additional transfer request can be approved. Therefore, the entire remaining fund balance will be transferred to the Reliant Staff Ministries Fund.
3. Sojourn Community Church URBN Interns
If the exiting Reliant Missionary is a Sojourn Community Church Intern in the URBN Experience, AFTER the process and approval of any prior submitted MTD fund transfer requests, any remaining ministry fund balance will be internally transferred directly into project FD0840 - Sojourn Community Church \ URBN Experience to be used in that ongoing Reliant ministry project fund. This is a special exception that has been arranged with Sojourn URBN Experience in order to provide ongoing funding to this ministry.
Exception Requests:
- All exception requests for an internal MTD fund transfer above the $5,000 policy limit up to $20,000 will need to go to the Executive Management Committee (EMC) for review and approval.
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