An Open Letter from the WCF Directors
The future for WCF remains promising, God willing. We are optimistic that the Foundation can continue to fulfill its role of providing funds to support worthwhile programs when other sources are lacking. However, the degree to which WCF can carry out this role is currently in flux. Here’s why:
As directors we appreciate that our supporters want their donations to flow efficiently and unhindered to support good, meaningful work. Donations received are disbursed in a timely manner. Generous people have money to give, and the Foundation identifies and verifies high quality recipients. Our practice has always been to disburse funds based on the merits of the proposals. It is not our policy to build up large capital reserves; rather we strive for a prompt turnaround of funds entrusted to us.
This ‘hand to mouth’ policy requires us to commit only funds that WCF has in the bank, and to commit to no more than one year in advance. Funding recipients requesting ongoing support re-apply for funding on an annual basis, and we review these proposals based on their merit and WCF’s available resources.
Donations to WCF have dropped markedly over the last year and consequently our remaining resources have steadily declined. The Foundation is not out of money, and many generous donors continue to provide funds in support of the Lord’s work. However, WCF is, at present, unable to sustain the scope of work it has funded in the recent past.
There are several preaching and welfare projects with which WCF has relationships spanning many years, and which re-apply to WCF for annually funding renewal. Because the Foundation has routinely been able to support these recurring yearly requests, and now cannot, these projects are currently in crisis. No one wants to see these projects “cut.” It is quite the reverse. The WCF directors want to see all such valuable work continue, and we are endeavoring to direct resources to that end.
In other words:
- We count on donations to replenish WCF’s account, rather than income from any reserved principal.
- We have experienced a decline in donations over the last 12 months, and WCF’s funds have naturally dwindled.
- Several excellent established programs are in jeopardy because WCF does not currently have the funds to grant their renewal.
We pray for the Father’s blessing that the work of the Foundation may continue, and we might fulfill our mission statement of enabling brothers and sisters to “Preach the Truth to the World and Serve the Household of Faith.” We invite all who are willing and able to help WCF to stay the course with their donations large or small.
If you are interested in knowing more about the projects at risk, please contact the secretary, Bro Chris Wubbels: firstname.lastname@example.org.
If you are able to become a financial supporter of the projects WCF funds, please contact the treasurer, Bro Rick Szabo: email@example.com. [Update December 16, 2016: Direct financial questions to Chris Wubbels. Rick’s term as director concluded on 12/15/2016.]
If you have a proposal for some work in service of our Lord, and funding would enable it to proceed, please contact the chairman, Bro Alan Ghent: firstname.lastname@example.org. WCF still has funds available, even if not as much as before, and we may be able to find support for your work.
Please offer prayers in support of the projects that may be facing setbacks. More information on those will be forthcoming shortly via other channels.
Love in the Lord,
The WCF Directors