Friday, November 1, 2019

What is "Relational Funding"???


Lloyd & Carol Letkeman & Jaymie Anderton embracing a season of relational funding! 

Relational Funding? 


Carol’s salary and ministry expenses must all be raised through “Relational Funding”. What is that you ask? All funding is directly connected to significant relationships.  Our ministry is dependent upon donations to Multiply with a memo “Carol Letkeman” or “C0279” budget code. Why only Carol raising funds this way? Shouldn't we be saying Carol & Lloyd? Though we work and function as a team, our role designation with Multiply (formerly MB Mission) puts us into different funding models.  

This is a new reality for us. Our salaries and ministry expenses for the last 15 years were being drawn from the 15% essential services deduction from donations to Multiply. Now, only Lloyd's salary and ministry expenses are provided through essential services. 

We ask you to consider partnering with us in ministry by becoming a monthly donor. Our prayer is for 100 partners giving $100/month. Any partnership amount is valued! Even $10/month will be an investment in disciple-making on mission.  As of today, we have 25% of the goal raised in monthly commitments! We have until March to raise the next 75%.


Financial Information


Carol’s salary is $55K
STM Central Canada ministry expenses fluctuate between $45-55K with much of it being expensed to various travel lines.

Ministry expenses =
·      national travel (AB, SK, MB trips for mobilization & conventions)
·      international travel (1-2 Vision/Intercession trips)
·      STM specific media (photography & videography consults)
·      Special projects such as fundraisers
·      office & overhead (professional development, supplies, mobile phone, etc)
·      mobilization expenses (hospitality, coffee conversations, mileage etc.)




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