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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 of funding 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.
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Standards Supporting This Policy
Policy Statement
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 church and project funds must be consistent with, and further, Reliant's tax-exempt purposes in a matter compliant with applicable laws and regulations and in accordance with the criteria information outlined below.
Project and Church Funds
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