As ministry efforts grow and expand, it can be beneficial to open a Project Fund through Reliant that has the ability to cover a wider range of expenses. Below is a quick overview to help determine if this is a good option for your ministry.
Ministry Team Development "MTD" Fund - This is a fund that is opened for someone who is employed by Reliant, or a volunteer with Reliant. The fund is named after that individual, and all gifts are designated for personal and ministry expenses of the Reliant worker and family.
Church or Project Fund - This is a fund that is opened to cover the cost of a ministry endeavor that go beyond normal reimbursements for a Reliant worker. It is named after the church or project, not an individual.
| Type of Expense | MTD Fund | Project Fund |
|---|---|---|
| Reliant Employee Salary | Yes | No |
| Reliant Employee Reimbursements | Yes | Yes |
| Reimbursements for Family Members | Yes | Yes |
| Personal Family Needs (i.e. financial hardships, childcare) | Yes | No |
| Ministry Needs (i.e. supplies, printing, events) | Yes | Yes |
| Ministry Property (i.e. a building or vehicle that is registered in ministry's name) | No | Yes |
| Ministry Expenses for non-Reliant Individual (i.e. travel costs, conference fee, short term mission team) | No | Yes |
| Personal Expenses for non-Reliant Individual (i.e. monthly stipend) | No | Yes |
If you would like to get started with a project fund, please review the Church and Project Fund Standard, and reach out to international@reliant.org with any questions!