Dates to Know
October 1 – August Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
October 1 – September Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
October 11 – Most US Banks will be closed for Columbus Day.
November 1 – September Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
November 1 – October Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
November 11 – Most US Banks will be closed for Veterans Day.
November 25-26 – The Office will be closed in celebration of Thanksgiving.
December 1 – October Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
December 1 – November Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
December 7 – All prayer letters the Office assists in mailing should be submitted to our staff in order for your recipients to get them before Christmas.
December 15 – Please contact us by this date via Signal if you will need funds in your account before Christmas or the end of the year.
December 20-24 – The office will be closed in celebration of Christmas.
January 1 – November Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
January 1 – December Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
January 10 – Missionaries will receive their statements of December Support Received.
January 12 – All missionaries will receive their final December support on this day, regardless of the day they normally receive support.
January 15 – December Financial Reports will be due for US Missionaries, along with any remaining receipts or financial paperwork for 2021. This includes FNPO Reports for those with Foreign Non-Profit Organizations.
February 1 – 1099 Forms and other tax documentation for the 2021 tax year will be available.
Prayer Letter Services
Mr. Chris Beane, an associate missionary with World Wide to the UK, is now helping us with our prayer letter, social media, and website work. Mr. Beane is a former full-time staff member at Ambassador Baptist College. He recently moved to New Jersey to assist a church as an internship for ministry experience. Mr. Beane will work remotely for Ambassador Baptist College and contractually for WWNTBM.
Formerly, Mrs. Holly Minion communicated with you about your prayer letters. Holly accepted a job to work in her church in Minnesota. We are grateful for her years of service and will miss her.
Brother Beane is well-qualified technically and spiritually to assist you and our agency with these behind the scene tasks. Please continue to send all prayer letter-related correspondence to us at [email protected].
Financial Report Reminder
As we enter the last quarter of the year, thoughts turn to year-end tax procedures. Many people begin thinking of last-minute deductions that will affect them. For our US Missionaries, if you anticipate making large ministry purchases and you desire the purchase to be a deduction in the year 2021, you may wish to make the purchase by the end of November. Because of the way our 1099s are calculated, December expenses are “reimbursed” out of January income, so the tax benefit on your 1099 would actually be considered a 2022 reimbursement. Regardless of when the purchase is made, you will still receive a tax benefit. However, we wanted you to be aware of these deadlines as you plan your expenses over the next few months.
Please keep in mind the due dates for financial reports. With the holidays approaching it is easy to let these slip past, but our CPA has encouraged us we need to keep to the due dates, per IRS regulations. The best situation is for you to report all ministry expenses through WW, thus providing the fullest tax benefit. If you do not submit an MFR on time, you can still submit the expenses on your personal taxes on a Schedule C. If you are not currently submitting financial reports we suggest you consider this option. If you have questions about this, please contact Naomi Torberson.
Postal Service Changes
Effective October 1, 2021, the United States Postal Service (USPS) has revised its service standards for certain First-Class Mail items, resulting in a delivery window of up to five days. Current standards call for delivering First Class mail in one to three days. Under revised standards, the delivery time would stretch to as many as five days, according to the Postal Service plan. It also said it would “align hours of operation” at low-traffic post offices. The WWNTBM Office handles bill pay for many of our missionary families. We will adjust the timing of our mailings to allow for the additional delivery periods. We are committed to providing you with the best possible service.
Year-End Prayer Letter Services
If you use our processing services to send out your prayer letter, please submit your letters anytime before 7:00pm EST, December 7. This enables us to process them so your recipients will receive them by Christmas. Letters received after this date will not be mailed until after Christmas.
Our Office will resume processing prayer letters on December 27.
Financial Couriers
Missionaries occasionally have situations where they request that we send funds through a courier, rather than through normal banking channels. Often this is used when it is beneficial to have US cash brought into a country. We have established the following fiduciary guidelines to ensure full transparency and accountability whenever we distribute funds to an individual who is not a World Wide missionary. If you have questions about this process, please contact our Office.
If the courier is a US Citizen, they must provide:
- A W-9 form for our records
- A government-issued photo ID, preferably a passport, that shows their citizenship status
- An ACH Credit form with their banking information
If the courier is a Non-US Citizen, they must provide:
- A W-8BEN form for our records
- A government-issued photo ID, preferably a passport, that shows their citizenship and visa status
- An ACH Credit form with their banking information
Additional Notes:
- If funds will pass through multiple individuals before they reach the missionary, World Wide will need a list of each individual who will handle the funds, so that we can provide the courier with a chain of custody receipt. This receipt should be signed by each individual along the route. The missionary will then return the receipt to World Wide once funds are received.
- The Missionary should confirm any restrictions for someone carrying cash into their country. Each country has its own laws about how much cash can be brought in, and whether it needs to be declared to customs officials.
- Groups traveling together as they leave the US are limited to carrying a combined total of $10,000 without declaring it for customs purposes. There is no impact to them for declaring it. However, failure to declare funds in excess of $10,000 can result in penalties.
New Baby
Dalton Ray Elwart was born on September 20. He weighed 9 pounds 8 ounces and was 21.5 inches long. Dalton is the son of Jackie and Brittany Elwart. He joins older siblings Charlotte (14), Audrey (12), Sadie (10), and Elijah (1). The Elwarts are currently on deputation and hope to move to Big Bear, CA, later this year to plant a church.
Baptist History Recordings
Dr. David L. Cummins is well known for co-authoring three books on Baptist History, as well as his long involvement in world missions. World Wide was privileged to have him as a guest speaker at several Family Fellowship Weeks. In 1995, he gave five sessions on Baptist History and Missions. We have recently uncovered the recordings from that meeting and wanted to share them with our missions family.
Uplift Podcast
The following recordings were recently published on uplift.wwntbm.com. You may access the site by entering the username: wwntbm and the password: gospel. We hope they will encourage your heart.
A Life of Contentment by Pastor David Landers
Walls, Enemies, and Giants by John O’Malley and Jeremy Kobernat