GRN USA Financial FAQ

GRN USA Financial FAQ

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For over 70 years Gospel Recordings, now Global Recordings Network, has been producing audio evangelism programs for minority language groups. God has given us a vision and a burden to see His Kingdom extended to the remotest parts of the earth, including the smallest tribes. We want to see the Lord Jesus exalted among all peoples.

We are so grateful for the faithfulness of God and for the partnership of many donors that has enabled Global Recordings Network to fulfill its mission these many years. Those who give to this ministry should know how we handle their gifts. We want to maintain the highest integrity so that God's glory and your trust are never compromised.

How is Global Recordings Network funded?

Global Recordings Network depends upon the Lord for the supply of funds to accomplish its mission. We endeavor to seek His will for what He wants our ministry to accomplish and then we pray specifically for the resources needed. We believe God then prompts His people in answer to prayer to support the work and meet those needs. It is not our practice to solicit funds. We praise God for His faithfulness over the years and for the joyful response of His people to give sacrificially and generously so that the gospel of Jesus Christ can be shared among the least-reached peoples.

How will my gift be used?

All gifts go into the general fund unless otherwise designated by the donor. The general fund is used for expenses related to recording of languages, support of overseas bases, duplication, shipping costs, office supplies, publications, postage, etc.

Are my gifts tax-deductible?

Yes. We have been authorized to issue taxdeductible receipts since 1943. We meet all the required Federal Government standards as a 501(c)(3) organization for the issuance of such receipts for income tax purposes.

How are staff members supported?

Each staff member has the joy of trusting God for the provision of daily needs and living expenses. We ask the Lord to raise up a team of regular supporters to stand with each member so that they can fulfill their ministry. Donations for staff members need to be designated by the donor for their particular support. (Please specify gifts for staff on a separate memo or note rather than on the check itself.)

Can I give my gifts by electronic fund transfer?

Yes. If you would like to give regularly in this way, we will be happy to accommodate you. Please contact our office for details.

Can I give a gift by credit card?

Yes, simply call the office and the transaction can be done over the phone. Please note that 3% of credit card gifts is used for the transaction fee.

Do you give tax-deductible receipts for gifts-in-kind?

Yes. Our staff can use furniture, clothes and functioning vehicles. The office can also use supplies and a good-running vehicle. We can issue tax-deductible receipts for these types of donations, but we cannot place a specific value on them. This has to be done by the donor.

Do you accept gifts of real estate?

Yes. Several significant projects have been funded through gifts of real estate. We have a real estate consultant who is willing to freely assist those who may wish to fund a project through the sale of some property. Please contact our office for details.

Can I designate money for a specific project?

Yes, many donors like to designate gifts for specific projects such as recording languages, distribution outreaches, supporting a recording team and special purchases such as studio equipment and field vehicles. A small percentage of project funds is used to cover overhead costs.

Do you have a list of current projects that need funding?

Yes, we provide a list of ministry projects both large and small that are awaiting funding. Many people like to "adopt" and finance a specific project. This list is updated regularly and is available upon request.

Do you have a gift annuity program?

Yes. For those who would like a steady income for their retirement years and would also like to use their money to spread the gospel, a charitable gift to Global Recordings Network will help accomplish both of these objectives. Please contact our office for details.

What kind of accountability does GRN have?

All funds donated to GRN USA are legally required to be controlled by the Board of Directors who ensures responsible use of the funds at every level of the organization. Our books are audited annually by an independent Certified Public Accountant. In addition, we are members in good standing with the Evangelical Council for Financial Accountability (ECFA) and CrossGlobal Link (CGL). Both organizations have strict requirements for fiscal accountability.

If I give a gift, will I automatically be put on your mailing list?

We like to keep people informed of what God is doing through this ministry. To this end, we send our newsletter which is published every two months to our donors. However, if you would rather not receive this, please let us know, and we will take you off the list.

Do you sell your recordings?

Our standard procedure is that our evangelism products are made available to Christian workers at subsidized costs. While these costs are normally received prior to shipping, grants may be given at the discretion of the Order manager, especially for national workers. Financial limitations of our partners should never hinder the spread of the gospel, especially to our highest priority category of listeners.

Do you ever go into debt?

It is our practice never to go into debt for operational expenses by taking out secured or unsecured loans or by mortgaging our properties.

"And my God shall meet all your needs according to His glorious riches in Christ Jesus." (Phil 4:19 NIV)

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