Annual
Fund
This fund is used to support the on-going daily operational costs of Push the Rock. Costs
such as rent , utilities, new equipment, office supplies, office equipment , administrative and
overhead costs are covered by this fund. Our ministry fees contribute to this fund but they
are insufficient to cover the full operations of the ministry.
While each of our staff members are encouraged to raise their full support , we only require them to
raise 90% of their support requirements before their salary is impacted. The PTR annual fund also makes
up the difference between their full support requirements and what they raise.
Benevolence Fund
This fund is used to support attendees of PTR ministry activities who are economically
disadvantaged. The funds raised go directly to support camp scholarships, mission
trip scholarships and to fund our Urban Ministry.
New Horizons
Fund
This fund is used to support growth initiatives in both the US and around the world. Specific
items that are covered include new office start up costs, establishment of new programs , set of
International Hubs.
Capital Fund
This fund is used to support PTR capital project initiatives around the world .
Rock Reserves
This fund has been established to put aside funds for emergency purposes only. A small
percentage of our ministry fees go into this funds to ensure that it grows as our monthly
ministry expenses grow.
Mennonite Foundation
Since 1952, Mennonite Foundation has provided services to help people of faith become more
faithful stewards of their accumulated possessions and to mobilize financial resources to further
the mission of the church. The Foundation offers estate planning and charitable gift-giving advise
to support your favorite charity. Mennonite Foundation can accept any asset (such as real estate,
securities, farm commodities, personal property, etc) and convert it to cash for the benefit of your
charity. We can help donors develop plans as small as a few hundred dollars or as complex as estate
planning that may involve sophisticated techniques. Please contact the Push The Rock office for more
information on Mennonite Foundation.
Pension Protection Act of 2006
Time is running out on special IRA opportunity
The Pension Protection Act of 2006 (PPA 2006) created a new charitable planning
opportunity. Under PPA 2006, an IRA owner age 70½ or older may make a direct transfer
to charity. The transfer may be up to $100,000 in one year and PPA 2006 provided that
this option will exist for year 2006 and year 2007. Sec. 408(d)(8)(A).
Who Will Make 2007 IRA Rollover Gifts?
There are five donor profiles for IRA rollover gifts. The first is the convenience donor who finds it a very
simple and easy method for an end-of-year gift. The second is the generous donor, who wants to give past the
50% of AGI limit. The third is a major donor. This person may be a board member or trustee who is looking for
a favorable opportunity to make a major gift. Fourth, the Social Security recipient may reduce taxes with an
IRA rollover gift. Finally, a standard deduction donor will benefit from a direct IRA to charity gift.
