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Policy Name:MTD Fund Transfer
Scope:All Employees & Associates
Revision Date: March 10, 2021
Last Review Date:June 9, 2023


Excerpt

Ministry donations received by Reliant Mission belong to Reliant and are under the control of Reliant. Reliant employees may request that Reliant transfer MTD funds internally out of the MTD account for which they’re responsible, to another Reliant ministry account, including another employee MTD account or Reliant church/project account.

MTD Transfer Requests

The following rules apply: 

  1. Requests must be submitted by the employee responsible for the MTD account. 
  2. One approved MTD fund transfer request is allowed per year. 
  3. The MTD account balance must be more than or equal to two months of the MTD goal plus the internal transfer amount requested. 
  4. Transfers can be made from an MTD account to other MTD accounts or to a Department account based on the following guidelines:
    1. Transfers cannot exceed $5,000 for staff MTD account to MTD account transfers. 
    2. Transfers cannot exceed $8,000 for staff MTD account to Project account transfers.
    3. Total of the entire transfer request cannot exceed $13,000 combined.
  5. Special Condition: Employees who are part of a fixed-term program with a church or other ministry partnership (international or domestic) must have approval from their Church/Ministry program Leader as well as their Reliant Program Team manager to be eligible to submit an MTD Transfer Request. 
  6. A Reliant Staff Accountant, manager, or director (typically the Director of Organizational Affairs & Treasurer) must approve all transfers made under this policy.

Communication Info

Note
titleCommunication about MTD Transfers

MTD Transfer Requestor 

  • Reliant will NOT send a special communication to MTD transfer employee/recipient(s) informing them of the MTD transfer. 
  • Reliant recommends that the requesting employee consider drafting a simple email or calling the employee/recipient(s) personally to inform them of the MTD transfer.
  • If the Requesting Employee does NOT want the employee/recipients of the MTD Transfer to be able to find out details of the source of the transfer then they should indicate that preference by selecting the ANONYMOUS box on the MTD Transfer request.   

MTD Transfer Recipient

  • MTD Transfers can be found by viewing the Account Statement on Staffnet Toolbox (under MTD>Account Financials>Account Statement).   The Account Statement has different categories for Revenues, Expenses, and Transfers. MTD Transfers are listed as as Transfers In within the Section: Transfers. The Account Statement does not indicate specific details of where or from what MTD account the MTD Transfer originated from. 
  • If an MTD Transfer recipient would like to know details of an MTD Transfer, they may email us at payroll@reliant.org to request additional information. As long as the MTD Transfer was not ANONYMOUS, Reliant will be able to tell them the origin of the MTD Transfer.

Access the form below and share the completed form to payroll@reliant.org. 

UI Button
colorblue
newWindowtrue
titleMTD Transfer Request Form
urlhttps://docs.google.com/spreadsheets/d/15sm1xwMswXKUf3NkoFEKfPflZruTMv4PHJsUz-Vvlj8/copy

Requests from Exiting Employees

Include Page
Exiting MTD Funds Transfer
Exiting MTD Funds Transfer

Requests for a Department Transfer

Include Page
grants:Transferring Funds to Another Project or Field Staff Account
grants:Transferring Funds to Another Project or Field Staff Account

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