Financial Policy
 

Because IBL is a ministry and not a business, the Board of Directors has been led of God to offer the services of this ministry without fee.  Therefore, IBL is dependent upon the gifts of those who share our great burden.  We have the privilege of receiving support from churches, mission agencies, other para-church ministries, Christian businesses, and foundations. We also receive support from individuals who are led of the Lord to give above and beyond their tithe.

While there is no fee for our ministry, we do ask that those who receive the ministry of IBL prayerfully consider covering our expenses (for example, travel, lodging, meals, and materials) with a contribution to the ministry.

All contributions are tax deductible.

 

A Matter of Integrity

Those who give to the Institute of Biblical Leadership do so voluntarily because they trust the Ministry and believe in its vision.  Operating with integrity and thereby meriting this trust is of paramount importance to the Institute, including its Board of Directors, officers of administration, staff, volunteer staff and friends.  Ensuring that trust involves the following measures:

u   Maintaining our nonprofit 501(c)(3) tax status with the Internal Revenue Service, assuring deductibility of gifts, with periodic IRS audits to certify compliance.

u   Operating under an independent, self-perpetuating Board of Directors.

u   Using gifts as designated by donors, and when undesignated, using gifts for the General Fund or other ministry priorities.  

u   Adhering to legal and IRS requirements to ensure tax deductibility of contributions, including subjecting all contributions to the control of IBL's board of directors and its policies, including variance power.

u  Issuing receipts promptly for every gift.

u  Conducting gift solicitation only by IBL officers, employees or volunteers; and never by external, professional fund-raisers.

u  Expressing affiliation by and appreciation for donors in a manner that does not compromise the full tax deductibility of gifts.

u  Refusing to sell or rent mailing lists to any organization.

u  Answering all inquiries from donors promptly.

u Ensuring approval of budgets, investments, reviews, audits and salaries by the Board of Directors and its committees.

u Maintaining confidentiality of donors records to the extent provided by the law.

 


 

We are the Institute of Biblical Leadership. Directed by and dependent on God and His Word, we are dedicated to encouraging and equipping spiritual leaders to apply
biblical principles of godly leadership through the power of the Holy Spirit.
  We minister to individuals and organizations around the world to enhance their effectiveness in God’s service.

We are
burdened to
make a difference!