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Page History
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| Standard Name: | Church and Project Fund Standard |
|---|---|
| Relevant Policy: | |
| Relevant Standard: | Grant-Making Standard |
| Creation Date: | 8/23/2023 |
| Last Revision Date: |
Table of Contents
General
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Standard
Church/Project funds are created in accordance with the Funds and Grant-Making Policy for Churches and Projects. Church/Project funds are created for Reliant church/ministry partners to further Reliant's tax-exempt purpose. Monies from church/project funds may be used for Accounts Payable requests, internal fund transfers, Reimbursements and ERBs, and/or grants. (See Reimbursements vs. Grants for more details.)
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Designated Grantee(s) is a foreign national receiving monies distributed from the church/project fund in the form of a stipend for ministry purposes relevant to the purpose of the church/project fund fund. Designated Grantees may also be Affiliate Fundraisers. (See Grant-Making Standard for more details on stipend agreements). Designated Grantees may also be Affiliate Fundraisers..)
Purpose:
The purpose of the requested fund must be in alignment with Reliant's tax-exempt purpose as outlined in the Funds and Grant-Making Policy for Churches and Projects. The fund purpose is documented in the Master Grant Agreement (See details below). If the agreed-upon purpose of the fund changes in the course of the life of the fund, an addendum to the Master Grant Agreement is required.
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A U.S. citizen who is not a Reliant employee/associate must become an associate with Reliant in order to raise church/project funds on behalf of Reliant. Associates are eligible to submit church/project fund reimbursements and grant requests.
Submission
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Standard:
Requests:
Unrestricted Church Funds may be requested by Reliant partners who have field employees/associates by contacting their Program Team. Program Team submits a Request for Unrestricted Church Funds on behalf of Reliant partners. Reliant will review these requests on a case-by-case basis
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