IN A NUTSHELL
The White Rock Fund is a 501(c)3 non-profit foundation, providing grants to elderships of Churches of Christ for faithful teachers and preachers around the world
The Fund is supported by individuals Christians working together, combining their resources to fulfill the “Great Commission” of Jesus Christ.
All monies are invested. Each year the trustees designate a significant percentage of the assets of the Fund for mission work.
Each recipient of a grant must provide assurance of faithfulnes to teaching the gospel. Only those who are faithful to Christ, His church and sound teaching are eligible for grants.
Each trustee and administrator volunteers his time and energies to this work.
The White Rock Fund is a volunteer organization. It does not provide salaries to any of its administrators. Its CPA, attorney and webmaster are volunteers and receive no remuneration. The Fund is a 501(c) 3 non-profile foundation, and does not own any property. It pays no mortgage, utilities, maintenance fees, property taxes or insurance on property. It provies no benefits to those who administer the Fund. The White Rock Fund does not employ fund-raisers.
Forty percent of the grants are designated for preaching the gospel in the northeastern U.S. Sixty percent is used elsewhere around the world.
The Fund's doctrinal statement, "The Church of Christ," is available upon request.
The White Rock Fund
P.O. Box 180274
Dallas, Texas 75218
FREQUENTLY ASKED QUESTIONS
WHAT IS ITS PURPOSE?
The White Rock Fund provides funding to Churches of Christ for mission opportunities in the United States and throughout the world.
WHO CONTRIBUTES TO THE FUND?
The White Rock Fund is the work of individual Christians working together in support of mission work. Contributions are not solicited from the budgets of congregations.
HOW IS THE MONEY MANAGED?
Strategic Financial Planning, Inc. Plano, Texas, manages the Fund’s assets. The principle is invested, and earned income distributed as grants for the support of gospel preachers around the world. Each year a significant percentage of the invested assets is set aside as grants.
WHO RECEIVES THE GRANTS?
Grants are provided to Churches of Christ for mission efforts. Priority is given for evangelizing major cities of the world.
WHERE ARE THE GRANTS USED?
60% of the grants may be used for teaching anywhere in the world; 40% are designated for densely populated areas of the northeast U.S.
WHAT ABOUT DOCTRINAL SOUNDNESS?
Recipients of grants must affirm loyalty to Bible teachings which identify the New Testament Church. Every legal provision has been made to insure that the Fund’s assets will always be used to teach the truth, and never used to teach error. A copy of the Fund's Statement of Faith is available upon request.
WHO ARE THE DIRECTORS?
Trustees are active members of the churches of Christ. Christians across America serve as Advisors (see Trustees & Advisors section).
ARE THERE TAX ADVANTAGES?
The White Rock Fund is a 501(c)(3) non-profit foundation. All contributions are tax deductible.
IS THE FUND SUBJECT TO AN ANNUAL AUDIT?
PMB Helin Donovan, an audit and tax firm, conduct an annual audit of the White Rock Fund.