Grant requests will be made in written application and submitted to The Bridge Fund Board. The Board will review applications and make the final approval of awards.
Educational Debt Reduction Grant:
- Preference will be given to those in greatest need
- Applicant holds credentials by the Missionary Church
- Applicant has served a minimum number of two consecutive years in ministry and is in good standing in the MCNCD
- Applicant has met continuing education requirements as outlined in the MCNCD Bylaws
- Church's financial obligations to the MCNCD are up to date
- Applicant is currently active and participating in the events of the MCNCD
- Applicant has a full time status, or if less than full time status, The Bridge Fund Board may pro-rate the grant
- Applicant must meet with an approved financial counselor and have his/her recommendation prior to grant money being awarded
- Applicant must continue to make monthly loan payments and provide documentation of proof to The Bridge Fund
- The Bridge Fund will match funds provided by the church or other donors according to our guidelines
- The Bridge Fund will match funds up to $2,400 per year
- Grant term is up to four years with an annual re-application required
Health Insurance Supplement for Retired Pastors:
- Retirees with $25,000 or less of adjusted gross income plus Social Security income for the previous year
- Applicant is a retired pastor (or widow/widower of pastor) who has retired from the North Central District with a minimum of five years of active service
OR
- Applicant is a retired pastor whose credentials are held in the North Central District and who has a minimum of 10 years of North Central District service regardless of the district from which they retired
Benevolent Grant:
- Applicant is currently active and participating in the events of the MCNCD
- Applicant has met continuing education requirements as outlined in the MCNCD Bylaws
- Grant maximum is $2,400
- Applicant's urgency/emergency situations will be reviewed on an individual basis