This Great Commission Donor Advised Fund Agreement is made between Cru Foundation (CF) also known as The Great Commission Foundation of Campus Crusade for Christ, Inc. and you. This agreement governs your gifts to and recommendations of distributions from CF and your use of the CF limited-access Great Commission Donor Advised Fund (Fund) website. You accept this agreement by signing but also by making a gift or grant recommendation or using the limited-access website.
Purpose of the Fund. The purpose of the Fund is to provide funds for support of Cru and any qualified charitable organization whose stated purpose and activities are not in contradiction to the goals, objectives or religious mission of Cru.
Gifts to the Fund. Each contribution of cash or other transfer of property to CF is a charitable gift which is irrevocable and nonrefundable.
Distributions from the Fund. The Advisor(s) have the right to advise CF through the Fund website regarding distributions to be made from the Fund. Distributions, approved by CF, will only be made to charitable organizations tax-exempt under Internal Revenue Code (“IRC”) Section 501(c)(3) which are described in IRC Section 170(b)(1)(A) contributions which are deductible for income, gift and estate tax purposes (“Qualified Charity”). No distribution will be made to any Qualified Charity whose stated purposes or activities are in contradiction to the goals, objectives, or religious mission of CF; or if in the judgment of CF a distribution to the organization would adversely affect the reputation of Cru. The determination of whether a charity is a Qualified Charity shall be within the sole discretion of CF.
Approved distributions will be made following receipt of instructions through the Fund website. The minimum distribution shall be Fifty ($50.00). Approved distributions will generally be sent within two weeks of receipt of the distribution request, often sooner.
Advisor(s) may indicate on their application which qualified charitable organizations that Advisor(s) anticipate will be selected to receive distributions from the Fund. CF reserves the right of acceptance for any future organizations recommended by Advisor(s) or Successor Advisor(s) for distributions from the Fund.
If no Advisor(s) makes recommendations to CF regarding distributions from the Fund for five (5) consecutive years, we will attempt to contact the advisor(s) of record. If no contact is made, CF may deem that no one has an interest in advising with respect to the Fund and may terminate the Fund and distribute any remaining funds to The Cru Foundation Fund.
Any charitable recipient of benefits from the Fund shall be advised that the contribution is from the Fund unless the Advisor(s) specifically notifies CF in writing that they wish to be anonymous.
Withdrawal, Incapacity, or Death of Advisor(s). Upon the withdrawal, incapacity, or death of the surviving Advisor, a Successor Advisor(s) identified on the application, may advise CF regarding distributions to be made from the Fund. If more than one Successor Advisor is designated, the Successor Advisors must notify CF in writing as to which Successor Advisor will serve as the spokesperson to CF.
If no Succession Plan has been identified on the application at the time of withdrawal, incapacity or death of the surviving Advisor, any balance in the Fund shall be distributed to the Cru Foundation Fund.
Charitable Deduction. All contributions to Cru Foundation are income tax-deductible and are made with the understanding that Cru Foundation has complete discretion and control over the use of all donated funds. The Advisor(s) receive a charitable deduction based on the contributions placed in the Fund at its inception or upon subsequent additions to the Fund. The Advisor(s) are not eligible for charitable deductions at the time distributions are made from the Fund.
Administration and Investment Fees. CF currently and into the foreseeable future does not incur administrative fees on Funds, but reserves the right to incur fees if necessary, and with basic notice to the Fund advisors.
Fund balances are invested with the goal of preserving assets for distribution to charitable organizations. CF will take steps to ensure that investment fees are maintained at a level that is considered reasonable and customary in the industry.
Investment fees will vary, please inquire with Cru Foundation about the average fees.
The fund will be assessed any costs charged by credit card companies or other third-party payment processors, for gifts made by credit card, e-check, or similar methods.
Allocation of Costs to CF. If any distribution requires unusual amounts of time or expense by CF to investigate, liquidate, and accomplish the distribution, such costs will be allocated to CF from the Fund. If funded with real estate or other non-cash assets, seller’s fees, commissions, processing fees, and any out-of-pocket expenses would first be deducted from the Fund value.
Control of Fund. CF shall have absolute discretion as to the investment of the assets of the Fund and shall not be required to consult with either the Advisor(s) or any of the Designated Charities, as to such investment. The parties agree that CF has not made any representations or warranties as to the performance of its investment of the assets and CF is under no obligation to achieve a particular return on investment.
Agreement Irrevocable; Limited Power of Amendment. This Agreement is irrevocable. For the purpose of ensuring that the Fund qualifies as an integral part of CF for federal tax purposes, CF, acting alone reserves the right to modify the terms of this Agreement to the extent necessary to ensure such qualifications and/or to comply with the Fund policy adopted by the Board of Directors of CF as amended from time to time.
Statement of Faith
The sole basis of our beliefs is the Bible, God’s infallible written Word, the 66 books of the Old and New Testaments. We believe that it was uniquely, verbally and fully inspired by the Holy Spirit and that it was written without error (inerrant) in the original manuscripts. It is the supreme and final authority in all matters on which it speaks.
We accept those areas of doctrinal teaching on which, historically, there has been general agreement among all true Christians. Because of the specialized calling of our movement, we desire to allow for freedom of conviction on other doctrinal matters, provided that any interpretation is based upon the Bible alone, and that no such interpretation shall become an issue which hinders the ministry to which God has called us.
1. There is one true God, eternally existing in three persons – Father, Son, and Holy Spirit –each of whom possesses equally all the attributes of Deity and the characteristics of personality.
2. Jesus Christ is God, the living Word, who became flesh through His miraculous conception by the Holy Spirit and His virgin birth. Hence, He is perfect Deity and true humanity united in one person forever.
3. He lived a sinless life and voluntarily atoned for human sins by dying on the cross as a substitute, thus satisfying divine justice and accomplishing salvation for all who trust in Him alone.
4. He rose from the dead in the same body, though glorified, in which He lived and died.
5. He ascended bodily into heaven and sat down at the right hand of God the Father, where He, the only mediator between God and humanity, continually makes intercession for His own.
6. Adam and Eve were originally created in the image of God. They sinned by disobeying God; thus, they were alienated from their Creator. That historic fall brought all people under divine condemnation.
7. Human nature is corrupted. As a result, all people are totally unable to please God. Everyone is in need of regeneration and renewal by the Holy Spirit.
8. Salvation is wholly a work of God’s free grace and is not the work, in whole or in part, of human works or goodness or religious ceremony. God imputes His righteousness to those who put their faith in Christ alone for their salvation, and thereby justified them in His sight.
9. It is the privilege of all who are born again of the Spirit to be assured of their salvation from the very moment in which they trust Christ as their Savior. This assurance is not based upon any kind of human merit but is produced by the witness of the Holy Spirit, who confirms in the believer the testimony of God in His written word.
10. The Holy Spirit has come into the world to reveal and glorify Christ and to apply the saving work of Christ to individuals. He convicts and draws sinners to Christ, imparts new life to them, continually indwells them from the moment of spiritual birth and seals them until the day of redemption. His fullness, power and control are appropriated in the believer’s life by faith.
11. Believers are called to live so in the power of the indwelling Spirit that they will not fulfill the lust of the flesh but will bear fruit to the glory of God.
12. Jesus Christ is the Head of the Church, His Body, which is composed of all people, living and dead, who have been joined to Him through saving faith.
13. God admonishes His people to assemble together regularly for worship, for participation in ordinances, for edification through the Scriptures and for mutual encouragement.
14. At physical death the believer enters immediately into eternal, conscious fellowship with the Lord and awaits the resurrection of the body to everlasting glory and blessing.
15. At physical death the unbeliever enters immediately into eternal, conscious separation from the Lord and awaits the resurrection of the body to everlasting judgment and condemnation.
16. Jesus Christ will come again to the earth – personally, visibly and bodily – to consummate history and the eternal plan of God.
17. The Lord Jesus Christ commanded all believers to proclaim the Gospel throughout the world and to disciple people from every nation. The fulfillment of that Great Commission requires that all worldly and personal ambitions be subordinated to a total commitment to “Him who loved us and gave Himself for us.”
If you have questions regarding this Agreement please call 1-800-449-5454.
The foregoing Agreement is effective as of November 9, 2020.