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FOR FAITHFUL CONGREGATIONS - SAVE, INVEST, BLESS!
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   CHARITY OF CHOICE GRANTING PROGRAM

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  1.  PURPOSE

Church Organizers Foundation (COF) is a 501(c)(3) charitable organization established to provide stewardship services and grants to underserved communities and families, and other 501(c)(3) charitable organizations, such as churches and schools. COF recognizes that those closest to frontline ministry efforts are most vulnerable to scarcity and deprivation. But the Church is reminded in Psalm 34:10 that in Christ we lack no good thing. God's supply is plentiful. The challenge lies in our overall stewarding of it. The goal of the Charity of Choice Granting Program is to promote and empower non-profit organizations to gain financial traction through partnering while acting in the best interest of individual and nonprofit investors (Customers). COF’s Charity of Choice Granting Program enables Customers to participate in directing COF grants to their favorite “Charity of Choice.”​

 

  2.  QUALIFYING AS A “CHARITY OF CHOICE” CHARITY

To become a qualifying Charity of Choice under the Charity of Choice Granting Program, a 501(c)(3) charitable organization must open an endowment account at COF and have five (5) Customers at COF (with an aggregate minimum asset base of $1M) select the organization as their “Charity of Choice.” The charity then becomes eligible to receive an annual grant from COF.

 

  3.  HOW TO SELECT A FAVORITE CHARITY

Participation in COF’s Charity of Choice Granting Program is optional and at no cost for Customers. To participate, a Customer must open a standard brokerage account at COF and choose their favorite charity. Once the favorite charity has been selected by five or more Customers and with an aggregate minimum asset base of $1M, COF will give an annual grant to that charity.

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  4.  GRANTING SCHEDULE

COF grants are delivered once annually, within thirty (30) business days of the end of each calendar year. Qualifying charities will receive the grant based on the following method:

  1. Grants will not come from investor accounts. Instead, Customers will direct COF to send a grant to their favorite Charity of Choice. All grant monies will originate from COF and be transferred directly to the Charity of Choice endowment account.

  2. Charity of Choice grant amounts are discretionary with the goal of granting 30% of COF’s qualifying annual revenue between each qualifying Charity of Choice.

  3. The Charity of Choice will receive an annual statement updating the number of Customers and total Customer assets choosing the charity, without disclosing personal information such as names or account numbers.

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  5.  SHARED EXPENSES OPTION FOR CHARITIES - 50/50

COF’s shared stewardship approach emphasizes partnering to build up the body of Christ (Eph 4:12). The strength of local congregations and frontline ministries is an endeavor in which all lay members, pastors, and leaders of the Church should invest. COF seeks to share in each Charity of Choice’s ministry growth and cost. The Apostle Paul writes, “If one member suffers, all suffer together; if one member is honored, all rejoice together” (1 Cor 12:26). Therefore, in lieu of compensation for services, COF requests the Charity of Choice agree to share a 50/50 split of optional expenses.

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