Trustees for Methodist Church Purposes © 2024

The purpose of this article is to help clarify the difference between withdrawing locally held money and withdrawing money held at TMCP, when requesting funds through the Consents website.

When creating a Project using the Consents website and part of the funding is coming from the local account of a Church, Circuit or District, then the ‘TYPE’ to select for this line of funding should be either “Church Funds (Local)”, “Circuit Funds (Local)” or “District Funds (Local)” respectively.

If part of the Project funding is to come from a TMCP Trust account, then the ‘TYPE’ to select for this line of funding should be either “Church Funds (TMCP)”, “Circuit Funds (TMCP)” or “District Funds (TMCP)”. The relevant trust number would then be added under the field heading “TRUST NO”.
Other funding types can be selected, but these should be more self-explanatory.

Please contact TMCP Finance if you have any further questions.

Related

Disclaimer

Please note that this document is to provide guidance and assistance to Managing Trustees and their professional advisers. This guidance note is general in nature, may not reflect all recent legal developments and may not apply to the specific facts and circumstances of any particular matter. Also note that nothing within the documents and guidance notes provided by TMCP nor any receipt or use of such information, should be construed or relied on as advertising or soliciting to provide any legal services. Nor does it create any solicitor-client relationship or provide any legal representation, advice or opinion whatsoever on behalf of TMCP or its employees. Accordingly, neither TMCP nor its employees accept any responsibility for use of this document or action taken as a result of information provided in it. Please remember that Managing Trustees need to take advice that is specific to the situation at hand. This document is not legal advice and is no substitute for such advice from Managing Trustees' own legal advisers.