Reliant missionaries may request the Reliant Finance Department to transfer funds internally out of the MTD account for which they’re responsible to another Reliant ministry account, including another missionary MTD account or church/project account. The request is usually made due to an ample fund balance in the missionary MTD account and a financial need in another. Requests come from active missionaries and exiting missionaries. Requests from Active Missionaries and Exiting MissionariesFill out the internal MTD Fund Transfer request form below and email the completed form to finance@reliant.org. The following rules apply: - One approved MTD fund transfer request is allowed per year. If an internal MTD fund transfer request has already been approved in the year of exit, no other fund transfer may be approved upon exiting.
- The MTD account balance must be more than or equal to two months of the MTD goal plus the internal transfer amount requested. This rule does not apply to exiting missionaries or Associate missionaries.
- Transfers cannot exceed $3,000 for MTD account to MTD account transfers. *see exception details below
- Transfers cannot exceed $5,000 for MTD account to Dept account transfers (e.g. a Reliant designated account for a church or ministry.) *see exception details below
- Director of Financial Operations and the Director of Organizational Affairs & Treasurer must approve all transfers made under this policy.



Automatic Internal Fund Transfer Policy for MTD Accounts of Exiting Reliant StaffWhen a Reliant missionary exits with a balance remaining in the MTD account they’re responsible for, the following policy will automatically apply toward the treatment of any remaining funds in the closed MTD account: 1. - Any amount over $10,000 is internally transferred within Reliant to the Reliant church ministry or project fund most closely associated with the missionary's ministry.
- The missionary may request an internal transfer amount per the above policy up to $5,000.
- The remaining account balance will be transferred to the Reliant staff ministries fund upon final closure of the MTD account. (See 3 & 4 below for exceptions to this rule.)
The amount transferred to the Reliant church ministry fund will remain in that account, but can be accessed through the Reliant ministry grant process. If there is no obvious Reliant church or project ministry fund associated with the missionary’s work, Reliant management will determine the Reliant fund that provides the closest reasonable match to the field ministry of the missionary. After the excess balance transfer is applied, of the remaining $10,000 balance, $5,000 is eligible for MTD fund transfer requests. The remaining balance after approved MTD fund transfers have been made will be transferred to the Reliant staff ministry fund. Example: | $14,000 | Remaining final balance in the MTD account of college church ministry/Sue Smith | | ($4,000) | Excess of $10K internally transferred to Reliant church ministry fund for College Church | | $10,000 | Remaining balance after excess over $10K has been transferred - eligible for Sue Smith to request a MTD transfer, subject to general transfer policy. | | ($3,000) | Sue Smith's request for MTD fund transfer to another Reliant account, approved by Reliant management. | | $7,000 | Total remaining amount transferred to Reliant staff ministries fund upon final closure of the MTD account. See 3 & 4 below for exceptions to this rule. |
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| If there was a previously approved MTD transfer request granted within the same calendar year that the missionary exited, no additional internal transfer request can be approved. Therefore, after the >$10K excess is internally transferred, the entire remaining fund balance will be internally transferred to the Reliant SMF. |
The missionary may request an internal transfer amount per the above policy up to $5000.
Example: | $8,000 | Remaining final balance in MTD account of College Church Ministry/Ken Jones | | ($3,000) | Ken Jone's request for MTD fund transfer to another Reliant account, approved by Reliant management. | | $5,000 | Total remaining amount transferred to Reliant Staff Ministries Fund upon final closure of MTD account.See 3 & 4 below for exceptions to this rule. |
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| If there was a previously approved MTD transfer request granted within the same calendar year that the missionary exited, no additional transfer request can be approved. Therefore, the entire remaining fund balance will be transferred to the Reliant Staff Ministries Fund. |
If a Reliant missionary is transferring their employment to another 501(c)(3) non-profit ministry and thinks there will be an MTD account balance remaining upon their exit from Reliant, they should contact hr@reliant.org to discuss the process of transferring to another ministry and the possibility of contributing any remaining MTD fund balance to the new 501(c)(3) non-profit ministry. |
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