Welcome to Solomon!

Enter the Access Code below

Access code is invalid

Solomon Logo

For assistance, problems or questions, please email us.

solomon@reliant.org

Versions Compared

Old Version 47

changes.mady.by.user Beka Page

Saved on

compared with

New Version Current

changes.mady.by.user Beka Page

Saved on

Key

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

...

UI Expand
titleCollege Intern/Residency Programs

If the exiting employee is involved in the College Program Team and is completing an internship or residency, excess funds will be distributed as follows:

  • If an employee is exiting a summer-long project Collegiate project, such as LT, and is listed as a Collegiate Intern, excess funds will be transferred to the Collegiate Church Network fund.
  • If an employee is exiting a residency or internship serving at a Collegiate or GCC church, the excess funds will be transferred to their church's residency or church fund within Reliant.
  • Residents are not eligible for the fund transfer process, as any remaining balance will be distributed as listed above.


UI Expand
titleDomestic (US-based) Fixed-Term Programs (Residencies & Internships)

Exiting MTD Transfers are generally not permitted for exiting employees in domestic (US) fixed-term programs.

Upon exit, any remaining funds in the account the worker is responsible for remain with Reliant to adhere to our obligation as a 501(c)(3) non-profit, keeping the charitable intent of the original gift. See where the funds go by expanding the policy below:

Expand
titleFixed Term Remaining Funds Policy

Based on the total amount remaining after all final expenses are settled (2-3 months post exit), Reliant will transfer any remaining funds as follows:

  • Between $0-$100, we will put the entirety into the Staff Ministries Account.
  • Between $100-$1,000, we will put $100 into the Staff Ministries Account and the rest into the account the church is responsible for with Reliant.
  • Between $1000-$4,000, we will put 10% into the Staff Ministries Account and the rest into the account the church is responsible for with Reliant.
  • Over $4,000, we will put $400 into the Staff Ministries Account and the rest into the account the church is responsible for with Reliant.

Funds' Purposes:

  • The purpose of Partner Residency Funds is to support and provide improvements for the residency program/individuals now and in the future. These funds are usable at the discretion of <<Partner>> <<Program Title>> supervisionthe Reliant partner and the program's local supervisor(s).
  • The Staff Ministries Fund serves to provide for support-based staff at Reliant. The fund is managed by our President, Tom Mauriello, and is overseen by our board. It has been used to provide funding for emergency services for international and domestic missionaries, celebrations and condolences, benevolence in tragedy, and aid for challenging or unforeseen financial hardships. This fund is also used to cover small negative balances from exiting staff. 

 To request the use or transfer of remaining funds upon exiting from a fixed-term program, field workers should obtain approval from their Local Supervisor via email and provide that approval to their Fixed Term Liaison.

...