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Home Ministry funding requirements

Ministry funding requirements

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A.   These requirements exist because:

          We desire to empower faithful sustainable ministry and missions across the world, within the context of the Christian Faith.

          We desire to be judicious and be good stewards of the resources entrusted to us.

          The body of Christ is made up of many different parts, not all parts are the same but all parts are important. We have business and administrative gifts and skills and wish to do our part.

         It is detracting for a ministry to focus on money, and we desire to use our gifts in this area to release ministries to operate more effectively.

          Unfortunately, funding needs and requests received will exceed the annual support funding available to us.

          The projected need for Mission and Ministry Support funding will increase in the years ahead.

          Many recipients currently receiving annual funding are receiving it without clear assessments of the future viability and sustainability of these ministries.

         Many funding recipients have grown dependent upon mission support funding, with no plans in place for self-sustaining ministry.

          Our requirements serve not to exclude ministries from our funding, but as a standard of better stewardship towards which ministries can be included. 

          The following guidelines have been assembled to give not only the Good Steward Foundation a clear path for funding principles, but also to give those seeking funding the ability to fairly understand those principles and what we expect.


 

B. Ministries who receive our funds must:

         Agree with our Statement of Faith, and support our Code of Ethics and our 5 Pillars of Ministry.  We cannot support those who are opposed to any aspect of our purpose.

         Seek, create, and support growth opportunities and initiatives for ministry, as well as have and foster long-term, sustainable and effective vision based on Gods principles.

         Be both faithful and to take great action in doing missions and ministry in order to reach the lost and needy in all corners of the world.

        Seek to reach the lost and enlarge the borders of God’s Kingdom.  In some ways address unmet and basic needs in the form of service, care and outreach, for the poor, the suffering, the sick and the marginalized.

         Empower, not create dependence, and seek always to move beyond charity towards addressing the root causes of suffering.

         Be “owned” in all levels of operation by themselves, especially at the local level to be the most effective.

         Have measurable local support by all interested parties.

         Effectively promote and edify the God’s Kingdom.

         Mission support funding will support the overall outreach and the local mission, and will generally be used in ways that will develop new ministry, extend existing ministry, and sustain ministries through periods of reshaping and redevelopment and growth.

         Continue to meet funding guidelines for continued support

         Be willing to develop and implement a strategic plan, including time limitations for the need for mission support funding and grants. Time Limitations, or “Sunset clauses”, allow for our funding to be made available to the broadest number of ministries.

         Be committed to establishing self-sustainable independent outcomes in people and communities.  We are not here to give a man a fish, but to teach a man to fish.

         Demonstrate success at accomplishing and fulfilling ministry goals.

         Demonstrate adherence to an accountability system for trustworthiness with organizational transparency.

         Have a need for support and a lack of resources to raise funds well them.

         Be willing, anxious, and excited to engage in a transformational process to move towards greater health and stability and sustainability that will encourage the widest range of benefit from us.

This does not mean we want to control your ministry. It would include:

     A clear Vision and Mission Statement in action.
     A five-year ministry plan.
     A list of financial weaknesses, and remedies.
     Measurable criteria for evaluating progress.
     A strategy for annual stewardship promotion within the ministry.


 

C. How we disburse the funds:

        All fund distribution is determined on a case-by-case basis and is to be discussed with the group receiving funds.

        Benefactor contributions may be made either periodically for an ongoing purpose or for a single event.

        GSF will never provide 100% of benefactor funding requirements except when supporting a crisis event. Organizations are required to co-contribute from their own resources and will be required to demonstrate this contribution.

        Funds will only be distributed to eligible recipient defined by US and/or Australian Income Tax codes and must meet any US and AusAID standards required.


 

Example of a exemplary model GSF project:

A Christ-centered orphanage, which has leadership in place, but is in severe lack.  Staff are working in sub-standard conditions, but are still successfully preaching the gospel and saving children from starvation and rape.

The local church wants to help, and is very supportive of the children's home.

GSF partners with Impact Ministries International and International Cooperating Ministries.  GSF provides a new building, with a concrete foundation and brick walls.  The building houses 20 children and is also used by the local church on Sundays and other church outreach programs.  GSF purchases the adjoining land, and provides jobs for church members who can farm the land and be tithing contributors to their local church which in turn helps the children's home.  1/3 of the profit from the farm land is returned to the investors who own it.  GSF purchases 20 goats and chickens are purchased for the children's home.  The older students learn job skills while everyone benefits from the milk, meat, eggs, and growth of the flock.  GSF purchases a clean water system, and a solar/wind power system to provide needed energy for the building, so as to promote further financial independence.  Finally, GSF helps the local leadership to develop a web-page and newsletter for the donors who helped to make it possible. GSF continues to provide entrepreneurial support to assist the local church members in being givers and multiplying their own ministries. 

 Key information requirements for project proposal consideration

Proposals should be a maximum of 4 pages. While not specifying a standard format, as a prospective recipient, you should provide the following information in a maximum of 4 pages:

     The location of the project
     The background to the project 
     The nature of the problem
     The people who are particularly affected
     The nature of the solution, including project objectives and desired impact
     How many people will be helped
     The local partner organization, if any
     What a grant of a specified amount (in US Dollars) would cover.  The grant (if approved) would however be paid to your charity or other non-profit organization in any currency of your choice with the clear understanding that you are responsible for any currency risk.  Budgets may be submitted in any currency with a conversion into US Dollars.
     How the impact will be assessed and reported
     What risks are involved should the project be implemented
     If possible, demonstrate the impact on an individual life through a short case study.

 Note: A detailed, indicative budget should be attached to the 4-page proposal. ?

 

Guidelines for Budgets.

There is no set format for applicants to follow in preparing budgets for their applications.  However, the following principles are provided as guidance:

1. Where possible, budgets should give the reader a sense of what the project will achieve rather than be a simple list of inputs.  Ideally, we would prefer budgets to state the outcome(s) or change (s) which the project aims to bring about and list the inputs and activities required for this to come about.  An example of an outcome budget is appended below.

2. You should include all direct costs of the project within the budget for such outcomes.  This includes project staff as well as direct services, etc.

3. You should include monitoring and evaluation costs as a separate section – not include these costs within the budget section for outcomes or for overhead.

4. You should budget for overhead costs related to the project.  These costs will be a proportion of your overall central office functions (accounting, executive management, governance, rent, utilities, stationery, postage, IT support, etc).

5. Where the proportion of the Overhead represents either less than 5% or more than 15% of the overall other costs of the project, please add a note to explain why.

 

In addition you are asked to provide:

Information on your organization and how it works;

1. A copy of your annual review, including financial information, together with a list of trustees, sources and allocation of funds;
2. A business plan, if this is a start-up operation, or involves working in a country new to the organization;
3. A brief description of the background and credentials of any local partner organization with which you will be working.

 

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