FAQ

General

Tax ID# :  59-2321060

If you are at least age 70 ½ and have an IRA, there is a special section in the tax code just for you. A Qualified Charitable Distribution, or QCD, allows anyone aged 70½ or older on the date of the contribution to donate up to $100,000 annually to a qualified charity from their IRA without counting the amount as taxable income.

Since this $100,000 limit is per taxpayer, a married couple could each give $100,000 from their respective retirement accounts. While this provision has been in the tax code since 2009, it has become much more significant due to the 2017 tax changes. The QCD can satisfy all or part of any Required Minimum Distribution (RMD).

Funds will need to be transferred directly from your IRA to MVI for it to count as a tax-free transfer.  Your IRA administrator can send a check directly to MVI from your account.  MVI will send you an acknowledgment of the gift for your records.  IRA Charitable Rollover gifts are not tax-deductible donations.  Please contact us at [email protected] or call us at 407-859-7322 if you have made a gift, so we can be sure we have your correct contact information and the funds are designated correctly.

All gifts to Missionary Ventures International, Inc. (MVI) for Where Most Needed Fund (our general fund), Missionary Support, Ministry Projects, and Short-Term Mission Trips are tax-deductible.  As required by the IRS, gifts are under the full discretion and control of MVI.

Checks should be made payable to Missionary Ventures International and mailed to 1017 Maitland Center Commons Blvd Maitland, FL 32751-7205.  Please include a note stating your preference for the donation.

Donations to our general funds – Core Mission – are greatly appreciated and help us with many needs including our general operating expenses.

Any donation can be made in honor of or to remember a friend or loved one.  Simply enclose a note indicating your intent.  At your request, MVI will also send a letter to the person or family you are recognizing with the names of those who contributed.   Please provide the name and address of the person who is to receive the letter.  If you wish to make the contribution online,  you can include this information in the “Comments” section.

You can preference a particular team member with a check made out to MVI or by credit/debit card. Please include the team member’s name. You can also give to the general support of the team trip. A processing fee of 3% is added for credit/debit card donations for team trips.

You can email MVI at [email protected] updating your information or give us a call at 407-859-7322.

Yes, please email us at [email protected] requesting e-receipts or give us a call at 407-859-7322.  We will physically mail a year-end receipt to you in January summarizing all donations given during the previous year, so please let us know if your address changes.

Missionary and Project Support

Donations can be preferenced for a specific missionary’s support.  Simply write “Preferenced for Missionary’s  Name” on a note.  You can also give online by credit/debit card.  A fee of 3% is deducted from donations given by credit/debit card which covers the processing fees.

MVI retains 5% of donations given for missionary support for administrative expenses.  MVI then covers the costs of processing donations, sending donor receipts, and maintaining compliance with legal and governmental regulations and requirements.  Missionaries then receive 95% of the donations given for their ministry. If a donation is made by credit card, an additional 3% is deducted to cover the processing fees. The donor can choose to add 3% to their donation to cover these fees. 

MVI retains 10% of donations given for projects for administrative expenses. MVI then covers the costs of processing donations, accurate accounting of funds, reporting systems and accountability per project. The project then receives 90% of the donations given. If a donation is made by credit card, an additional 3% is deducted to cover the processing fees. The donor can choose to add 3% to their donation to cover these fees. 

Missionaries receive their support by the 7th of the month for all funds received during the previous month.

Automatic Transactions

Credit card donations can be made online at www.mvi.org/give/.

MVI’s credit/debit card processing service charges 3% to process charges.  We then deduct 3% from credit/debit card donations.

You can call the office and update your card information at 407-859-7322.   If we have contacted you that your card is no longer valid, visit www.mvi.org/give and restart the donation with current information.

To set up a monthly donation by debit/credit card you can go online at www.mvi.org  to start the donation.   Click the box “Make this a monthly donation.” By choosing monthly, the donation will continue on that date until you cancel.

To set up a monthly recurring donation from your bank account, please call us at 407-859-7322 or download and fill out this form and mail to Missionary Ventures International 1017 Maitland Center Commons Blvd Maitland, FL 32751-7205.

Donations can be changed at any time by calling 407-859-7322 or by emailing [email protected].

If the monthly donation is from your bank account, you can choose from the following dates:  1st, 5th, 10th, 15th, 20th, 25th, or the last day of the month.

By credit/debit card, if  you have a certain day of the month you prefer for your donation to occur, please start your donation on that date by going online at www.mvi.org.   By choosing monthly, the donation will continue on that date until you cancel.   Monthly debit/credit card donations are processed every day of the month.

Special Donations

If you are at least age 70 ½ and have an IRA, there is a special section in the tax code just for you. A Qualified Charitable Distribution, or QCD, allows anyone aged 70½ or older on the date of the contribution to donate up to $100,000 annually to a qualified charity from their IRA without counting the amount as taxable income.

Since this $100,000 limit is per taxpayer, a married couple could each give $100,000 from their respective retirement accounts. While this provision has been in the tax code since 2009, it has become much more significant due to the 2017 tax changes. The QCD can satisfy all or part of any Required Minimum Distribution (RMD).

Funds will need to be transferred directly from your IRA to MVI for it to count as a tax-free transfer.  Your IRA administrator can send a check directly to MVI from your account.  MVI will send you an acknowledgment of the gift for your records.  IRA Charitable Rollover gifts are not tax-deductible donations.  Please contact us at [email protected] or call us at 407-859-7322 if you have made a gift, so we can be sure we have your correct contact information and the funds are designated correctly.

For stock and mutual fund donations, shares are transferred by your broker into MVI’s account.  The shares are then sold, a check is issued to MVI for the value of the stock, and the funds are designated as you choose.  An in-kind letter will be sent to you detailing your donation for tax purposes.

Custodian: National Financial Services

Contact: Stonebridge Financial Planning Group, LLC    407.695.7100  for additional information or questions.

Account # H2Y335468

The DTC number for National Financial Services (NFS) is 0226.

Name on Account:  Missionary Ventures International, Inc.

Tax ID# :  59-2321060

Please Note:  When a transfer is made, it is critical to contact us with the following information:

  1. Your name and address
  2. Name and number of shares donated
  3. Purpose of the gift

This information is not given to MVI when stock is transferred, so to acknowledge the gift and designate the funds properly, we need this information from you.  You can email MVI at [email protected] with your information or give us a call at 407-859-7322.

MVI is grateful for those who include the ministry in their planned giving.  When preparing your will, trust, annuity or life insurance policy, we will assist in anyway your attorney, financial institution, or financial advisor needs.  Please contact our accounting department at 407-859-7322.

MVI can receive cryptocurrencies (like Bitcoin or a number of others) as donations to our Core Mission. You can see a list of currencies and make a direct donation using the Engiven platform. (As with any gift of an appreciated equity or stock/bond, MVI’s policy is to liquidate and monetize the donation as soon as it is received.)

Financial Accountability

Evangelical Council for Financial Accountability

MVI has been a member since 2004 of the Evangelical Council for Financial Accountability (ECFA), an accreditation agency dedicated to helping Christian ministries earn the public’s trust through adherence to seven Standards of Responsible Stewardship. Founded in 1979, ECFA provides accreditation to leading Christian nonprofit organizations that faithfully demonstrate compliance with established standards for financial accountability, transparency, fundraising, and board governance. The Christ-centered ministries accredited by ECFA include churches, denominations, educational institutions, and many other types of tax-exempt 501(c)(3) organizations.

Why isn’t MVI rated by Charity Navigators?

MVI is exempt from filing Form 990 with the IRS.  Charity Navigators uses the information from this filing to rate organizations, and they do not rate exempt organizations.  MVI is accredited by ECFA, and you can view our financial information on their website.

Contact Us

Location

1017 Maitland Center Commons Blvd

Maitland, FL 32751-7205

Call or WRITE Us

P 407.859.7322 

Email: [email protected]