Giving Funds

The initial gift to open a CFR Giving Fund is a minimum of $2,000. The minimum grant is $250; there is no maximum. If you fall below a $2,000 balance after grants have been made, any amount remaining is still earning interest and the Giving Fund will remain open, no matter how much.

Gifts must be on deposit with Christian Financial Resources a minimum of 10 business days (allowing for funds to have cleared our bank) before grants may be recommended.

It’s simple. CFR will provide a login to our donor portal allowing you to search for your charities and request grants. You can even maintain a list of favorite ministries. Grants can be made in your name or anonymously if you choose. Gifts can be made as frequently as bi-monthly.

The minimum grant is $250 so that we can keep our account administration fee-free and limit payment processing fees (many of which are fee-free). To account for monthly sponsorships for children or missionaries, we recommend that you front-load your giving either quarterly or annually instead of monthly. You can still make a grant of $250 or more to the mailing address of the charity and in the "grant purpose" section, include the beneficiary's name, account number, and ID number. This way, the charity knows who to apply it to.

Giving Funds are not qualified for transfers from QCDs or IRAs per IRS rules.

You can name your fund as you desire. Some choose to use their family name(s) Giving Fund. For example, The Smith Family Giving Fund.

Only if you prefer. A letter of instruction accompanies CFR’s check explaining whom the grant is from and what it is for. However, you also have the option of remaining anonymous. Just specify this during the grant recommendation process that you wish to remain anonymous. This is also stated in the letter from CFR.

You must make grants to valid non-profit 501(c)3 organizations and Christian ministries. This includes your local church, missionary organizations, and other Christian-based ministries. The Board of Directors acknowledges that Christians have historically understood that the claims of Christ compel them to undertake a broad range of charitable and educational endeavors as well as direct Christian ministry.

It is our passion to implement all recommended charitable giving as long as it is not contrary to traditional Christian values, current policies and beliefs of CFR, or current guidelines of the IRS. CFR will not authorize grants of charitable funds to advance activities that the staff or the Board of Directors of CFR deems antithetical to our statement of faith, even though such purposes may be legitimate for tax-deductible donations.

You may designate others to be involved in making future recommendations from your fund.

A letter is sent for each contribution, which can also be accessed online. At the end of the year, you'll receive a statement of all contributions for that tax year.