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Funding Short Term Mission Trips

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Presentation on theme: "Funding Short Term Mission Trips"— Presentation transcript:

1 Funding Short Term Mission Trips
Rod Wiltrout Church Finance Specialist CSBC (559)

2 Decisions, Decisions… The first decision is who will go… Then:
Will the church provide all funding for mission participants? Will the participants provide all funding for mission trip? Will funding be a combination of the two?

3 Handling the Money If you are fundraising for all or part of the trip:
Who will do the fundraising? Will funds be raised in individual names or in the name of the Mission Trip? Where will the funds be kept? How will funds be awarded to mission participants?

4 Who will do it? Individuals can raise the funds, but must be sure to use church approved methods if the Church’s name will be used A written policy and procedure should guide all mission trips to ensure continuity and avoid possible issues from over zealous fund raisers Your Church Matters offers a Policy and Procedure manual for a nominal cost

5 Sample Policy & Procedure
First ABC Church Short Term Mission Projects Contribution Guidelines Approved January 1, 2010 Purpose: The Missions Ministry Team shall evaluate all applicants for fundraising for short term mission trips. Scope: Upon approval by the Missions Ministry Team each applicant may personally solicit those who might make a contribution to the church Mission Trip Scholarship Fund to help offset the costs of participants. Roles and Responsibilities: Applicant may send out letters of solicitation seeking financial support for mission trips.

6 Will Funds be raised in individual names or in the name of the Mission Trip?
Donations in Mission Trip’s name are tax deductible contributions if the church will award who gets the funds Funds raised in individual’s name will not be tax deductible Checks are made out in Church’s name with Mission Trip designation in memo line of donor’s check. Solicitor’s name is NOT to appear on check

7 Will Funds be raised in individual names or in the name of the Mission Trip?
Checks with Solicitor’s name on it will be returned to Donor Upon collecting all the funds the solicitor compiles a listing of contributors and amounts and turns in to the Missions Office of the church

8 Where will the Funds be kept?
Policy should dictate how funds are handled Funds should be in a designated account Funds should be accessed by check request All expenditures should be accounted for with receipts and return of unused funds to designated fund All residual funds would be designated to the next mission trips per church policy

9 How will Funds be awarded to mission participants?
Funds are awarded whether participants did or did not raise funds Committee in charge of trip awards who will go and how much will be given to each participant If working in a fund raising  event  is required in order to receive money from the church for the mission trip expenses,  the IRS says the individuals receiving the money are employees with all attendant costs and withholding

10 If Personal Funds are Used…
If a participant spends more than $ of his own money on mission expense, the participant must get a letter from the Church thanking the participant for going on the mission trip, including dates. It’s a tax issue Money spent on a “fun day” does not count. It must be spent on actual mission costs i.e. meals, travel, items used during the trip No personal care items are included in mission trip costs

11 What Questions can I answer for You?
Okay, I’ve talked a lot. What questions do you have? After answering their questions, give the meeting back to the pastor or whoever is in charge. direct line cell phone


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