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Master Grant Agreement: Church/Project funds are created to receive donations, and grants are used to distribute monies for those funds. Therefore, a Master Grant Agreement must be signed at the time of submission of a new church/project fund request to ensure a proper understanding of grant use when monies are distributed. The Master Grant Agreement is attached to the Church/Project fund request form and is signed by the Fund Custodian and a Reliant representative. The Fund Custodian should be appointed and previously approved for the role of Fund Custodian by the Partner prior to signing the Agreement. It includes an acknowledgment and approval of the requested purpose of the fund by both parties. It also includes an acknowledgment that the Fund Custodian read and agrees that all parties associated with the fund will follow the Policy and Standards. If the purpose of the church/project fund changes, an addendum to change the purpose outlined in Master Grant Agreement is required and must be signed by both parties. See Master Grant Agreement for a sample of what is attached to the request form. |
Approval:
The Reliant Board of Directors delegates to Reliant leadership the authority to approve church and project funds. If deemed necessary by Reliant leadership, the Reliant Board may be asked for their additional approval. The Program Team will oversee all church/project fund requests, including obtaining approvals, coordinating with relevant departments, and finalizing fund set up.
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