Services FFI Provides
- Receive donations by mail directly from your donors (Checks are made payable to your ministry program)
- Process donations by cash, check, credit card, ACH, electronic fund transfer (EFT) and online payment methods, such as PayPal
- Receive and process gifts of appreciated stock from your donors to your account
- Process and acknowledge gifts-in-kind, i.e., donations of non-cash items
- Receive and acknowledge donations received through employee/employer matching gift programs
- Deposit all donations into your Ministry Program account
- Produce tax receipts for your donors
- Mail receipts directly to your donors or back to you for forwarding with thank-you note (your choice)
- Pay all invoices/bills directly to vendors (original invoices required)
- Pay all authorized reimbursements for ministry expenses to staff & volunteer
- Perform all necessary banking, accounting, auditing and reporting services
- Prepare quarterly income/expense reports upon request
- Prepare special financial reports upon request
- Maintain your employee records if you are enrolled in our payroll service
- Issue employee payroll and annual wage statements to employees in your ministry
- File monthly and quarterly withholding reports to IRS and state
- Offer participation in FFI 403(b) retirement program for all eligible full-time ministry staff after one year with FFI
- Provide limited liability insurance for your eligible ministry activities
- Maintain a complete database of all donors/donations to your ministry program
- Assist you in the preparation of grant requests to foundation and/or corporations
- Consult with you in budget preparation, program development and fundraising issues and ideas
- Speak or fundraise at your events when requested