IPHC Church Manual - Extension Loan Fund
IPHC Church Manual - Extension Loan Fund
IPHC Church Manual - Extension Loan Fund
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Bylaws<br />
Article V. Financial Guidelines<br />
3. In addition to the <strong>Church</strong> Tithe, Conferences are<br />
encouraged to support additional essential ministry<br />
through voluntary designated giving.<br />
4. Each Conference Discipleship Ministries Department shall<br />
tithe monthly to the General Discipleship Ministries<br />
Department on all Discipleship Ministries tithes from local<br />
churches. Tithes from the following Conference ministries<br />
shall be designated for the same ministry at the general<br />
level:<br />
a. Girls’ Ministries<br />
b. Men’s Ministries<br />
c. Royal Rangers<br />
d. Women’s Ministries<br />
5. Conferences are not allowed to establish Conference<br />
allocations in addition to the <strong>Church</strong> Tithe. This does not<br />
prohibit Conferences from conducting special fund-raising<br />
or capital campaigns for specific projects.<br />
6. Each Conference shall be subject to some form of annual<br />
financial accountability. Conferences whose annual gross<br />
receipts are less than $400,000 shall demonstrate<br />
accountability by having an external review by a competent<br />
outside accountant. If annual gross receipts are from<br />
$400,000 to $800,000, such accountability shall consist of<br />
an external review by a Certified Public Accountant (CPA).<br />
If annual gross receipts exceed $800,000, such<br />
accountability shall consist of an audit conducted by a<br />
Certified Public Accountant (CPA). The report of such<br />
accountability shall be forwarded to the Global Ministry<br />
Center within 30 days of issuance.<br />
C. Local <strong>Church</strong>es<br />
1. Based on the biblical tithing principle, Local Member<br />
<strong>Church</strong>es shall send a <strong>Church</strong> Tithe (10 percent) monthly<br />
to their conferences on their tithes and regular offerings.<br />
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