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Page History
Policy Name: | Funds and Grant-Making Policy for Churches and Projects |
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Relevant Standards: | Church and Project Fund Standard, Grant-Making Standard |
Creation Date: | 8/23/2023 |
Last Review Date: |
Purpose
Provide guidance on establishing and utilizing project and church funds and distributing monies from those funds using grants.
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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 grant-making, reimbursements, Accounts Payable requests, transfers, etc. The establishment and disbursement of 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 information outlined below.
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Church/Project funds are created to receive donations, and grants are used can be used to distribute monies for those funds.
The grant Grants must be in compliance with all applicable laws, regulations, and Reliant standards including but not limited to:
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