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"The Primary Factor dictating our level of encounter with God is the measure of our hunger and sacrifice" A.W. Tozer |
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A Midwest Regional Intercessory Missions Base built through passionate hearts, dedicated to Night and Day Prayer and Worship to Jesus. |
INTERCESSORY MISSIONS BASE "A Place of Refuge" |
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ECFA - Fundraising Guidlines |
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These guidelines are outlined in the fundraising operations for the WFM Missions Base. 7.1 Truthfulness in Communication: All representations of fact, description of financial
condition of the organization, or narrative about events must be current,
complete and accurate. References to past activities or events must be
appropriately dated. There must be no material omissions or exaggerations
of fact or use of misleading photographs or any other communication which
would tend to create a false impression or misunderstanding. 7.2 Communication and Donor Expectations: Fund raising appeals must not create unrealistic
donor expectations of what a donor's gift will actually accomplish within
the limits of the organization's ministry. 7.3 Communication and Donor Intent: All statements made by the organization in its fund
raising appeals about the use of the gift must be honored by the
organization. The donor's intent is related to both what was communicated
in the appeal and to any donor instructions accompanying the gift. The
organization should be aware that communications made in fund raising
appeals may create a legally binding restriction. 7.4 Projects Unrelated to a Ministry's Primary Purpose: An organization raising or
receiving funds for programs that are not part of its present or
prospective ministry, but are proper in accordance with its exempt
purpose, must either treat them as restricted funds and channel them
through an organization that can carry out the donor's intent, or return
the funds to the donor. 7.5 Incentives and Premiums: Organizations making fund raising appeals which, in exchange
for a contribution, offer premiums or incentives (the value of which is
not insubstantial, but which is significant in relation to the amount of
the donation) must advise the donor of the fair market value of the
premium or incentive and that the value is not deductible for tax
purposes. 7.6 Reporting:
On request, an organization must provide a report, including financial
information, on the project for which it is soliciting gifts. 7.7 Percentage Compensation for Fund Raisers: Compensation of outside fund-raising consultants or
an organization's own employees based directly or indirectly on a
percentage of charitable contributions raised is not allowed. 7.8 Tax Deductible Gifts for a Named Recipient's Personal 7.9 Conflict of Interest on Royalties: An officer, director, or other principal of the
organization must not receive royalties for any product that is used for
fund raising or promotional purposes by his/her own organization. 7.10 Acknowledgement of Gifts in Kind: Property or gifts in kind received by an organization
should be acknowledged describing the property or gift accurately without
a statement of the gift's market value. It is the responsibility of the
donor to determine the fair market value of the property for tax purposes.
The organization should inform the donor of IRS reporting requirements for
all gifts in excess of $5,000. 7.11 Acting in the Interest of the Donor: An organization must make every effort to avoid
accepting a gift from or entering into a contract with a prospective donor
which would knowingly place a hardship on the donor, or place the donor's
future well-being in jeopardy. 7.12 Financial Advice: The representative of the organization, when dealing with
persons regarding commitments on major estate assets, must seek to guide
and advise donors so they have adequately considered the broad interests
of the family and the various ministries they are currently supporting
before they make a final decision. Donors should be encouraged to use the
services of their attorneys, accountants, or other professional advisors. |
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Copyright © 2006 Wind and Fire Ministries Inc. Marion, IA All rights reserved. |
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