Funds for Ministry

CENTRAL ROCKY MOUNTAIN DISCIPLES

FUNDS FOR MINISTRY

Mobilizing God’s People to Serve Joyfully!
Each one should use whatever gift he has received to serve others, faithfully administering Gods grace in its various forms. If anyone speaks, he should do it as one speaking the very words of God. If anyone serves, he should do it with the strength God provides, so that in all things God may be praised through Jesus Christ. To Him be the glory and the power for ever and ever. Amen. I Peter 4: 10-11

OPERATING FUND: The Operating Fund is an ongoing fund from which the operating expenses of the Foundation are paid. Income for the Operating Fund comes from an annual administrative fee accessed each of the other funds. This fee was established at 0.25% by the Board of Trustees on February 23, 2001. The fee was changed to 0.20% for 2006. The fee was changed back to 0.25% in 2007.

ENDOWMENT FUND: This is the principal fund for receiving permanent gifts to the Region. This fund undergirds the annual ministry of the region by supporting clergy, new church, camp and conference for youth and young adults. The operation of the Endowment Fund is governed by the Functional Guidelines of the Foundation established by the Trustees of the Foundation and approved by the Regional Board. Income from the Endowment Fund supports the general operations of the Region.

AULT TRUST FUND: The Ault Fund was established by a letter of intent of the First Christian Church, Ault, Colorado, signed in February 2005, pursuant to board action by the church on August 22, 2004. This is a permanent trust fund. Income from this trust is distributed to the CRMR Church Development Fund for new church development (50%), to the Disciples Mission Fund (10%), to the Colorado Christian Home (20%), and to the Preston Ranch (20%).

BETHANY (DENVER) TRUST FUND: The Bethany Trust Fund was established on June 9, 2011, based on a resolution of the Bethany Christian Church (Denver). This is a permanent fund established 1ith the proceeds of the sale of the Bethany Christian Church property. Income from this fund is distributed to New Church Development (40%), Church Revitalization (40%), and Camp and Conference and Youth (20%).

BOULDER TRUST FUND: The Boulder Fund was established by a resolution of the Community Christian Fellowship (DOC), Boulder, Colorado on June 17,1987. This is a permanent trust fund. Income from this trust is distributed to the CRMR Church Development Fund (90%) and to the Colorado Christian Home (10%).

EAST SIDE TRUST FUND: The East Side Christian Church Trust Fund was established by a Resolution of the East Side Christian Church of Denver, Colorado, on April 21, 1997. This is a permanent fund established with the proceeds of the sale of the East Side Christian Church property. Income from this fund is distributed to the CRMR for church revitalization (40%), the CRMR General Fund, unrestricted, (15%), the Campbell Stone Memorial Residence for rent subsidy of residents (3%), the Capital Hill United Ministries (CHUM), Denver, Colorado, (2%), the Global Mission Partners (10%), the Colorado Christian Home (5%), the Kansas Christian Home for subsidized care of residents (5%), and to the East Side segment of the Tilsley Scholarship Trust Fund (20%).

MOSS TRUST FUND #1: The Moss Trust Fund #1 was established by a letter from Harold P. and Ruth G. Moss dated October 13, 1997. Income from this fund is distributed to the First Christian Church in Grand Junction (85%) and to the CRMR General Fund for general operating expense (15%).

MOSS TRUST FUND #2: The Moss Trust Fund #2 was established by a letter from Harold P. and Ruth G. Moss dated November 17, 1998. An additional contribution was made in 1999, and a letter from Harold P. and Ruth G. Moss dated December 7, 1999 gave instructions for its use. Income from this fund is distributed to the CRMR General Fund (75%) and to the CRMR Church Development Fund for new church development and renewal (25%).

MOSS TRUST FUND #4: The Moss Trust Fund #4 was established by a letter from Harold P. and Ruth G. Moss dated August 10, 2005. Income from this fund is distributed to the CRMR General Fund (unrestricted) (25%) and to the FCC Grand Junction Capital Reserve Fund (Moss Fund #5) (75%).

MOSS TRUST FUND #5: The Moss Trust Fund #5 (the FCC Grand Junction Capital Reserve Fund) was established in conjunction with Moss Fund #4. Income is added to the principal of the fund. The First Christian Church of Grand Junction may call upon the principal of the fund, upon approval by the Foundation Trustees, for major building improvements or a relocation.

LAS ANIMAS TRUST FUND: The Las Animas Trust fund was established on October 26, 1999 by a Resolution of the First Christian Church of Las Animas. Income from this fund is distributed to the CRMR for church revitalization (40%), the CRMR General Fund (5%), the Bent County Activity Center (7%), the Bent County Fire Department for equipment and training (7%), the Bent County Library for books and programs for children (7%), the Bent County Memorial Nursing Home for religious services and equipment (7%), the Global Mission Partners through the Church Finance Council, (5%), the Colorado Christian Home (5%), SAGE Services, Rocky Ford, to subsidize meals for seniors (7%), the First Presbyterian Church in Las Animas (10%).

JUANITA RUSHER MEMORIAL TRUST FUND: The Juanita Rusher Memorial Trust Fund was established in 2005 by a trust agreement with Dale Rusher. Income from this fund is distributed to the Christian Women’s Fellowship (50%) and the First Christian Church of Ordway, Colorado (50%).

TILSLEY MINISTERIAL SCHOLARSHIP TRUST FUND: The Doctor James H. Tilsley Ministerial Scholarship Trust Fund was established to provide scholarships to qualified ministerial students. The CRMR Ministry Committee determines the awarding of scholarships from the Tilsley Scholarship Trust Fund. This fund was first approved in concept by the Regional Board at its meeting in November 1991.

The First Christian Church of Cheyenne, Wyoming, and the First Christian Church of Sheridan, Wyoming, have placed their scholarship funds with the Foundation to be managed as a permanent part of the Tilsley Scholarship Fund.

Each year, a portion of the East Side Trust Fund payout is placed in the East Side segment of the Tilsley Scholarship Fund. Interest on this segment is added to the amounts available for scholarships.

VALLEY HEIGHTS MEMORIAL FUND: The Valley Heights Christian Church Memorial Fund was established on February 13, 2014 based on the actions of the remaining officers of the Valley Heights Christian Church. This is a permanent fund established by the CRMR 50% share of an installment loan note on the sale of the Valley Heights church building. Income from this Fund is split (50%) to the Youth Ministry Fund and (50%) for the use of the New Church, Church Transformation, or General Fund on the basis of greatest needs and assigned on an annual basis by a vote of the Regional Board.

YOUTH CAMP AND CONFERENCE TRUST FUND: The Youth Camp and Conference Trust Fund was established on October 3D, 2006 by a trust agreement with the University View Christian Church, Denver. Income from this fund is paid to the CRMR for the youth camp and conference program of the CRMR.