9 Standards of Financial Accountability
- Tyndale Theological Seminary will seek to honorably and faithfully execute the stewardship of all provided resources to the glory of God.
- Tyndale Theological Seminary will undergo a periodic financial review by an independent accounting firm (currently Pickens, Snodgrass, Koch, & Co.).
- Tyndale Theological Seminary will maintain its non-profit educational 501(c)(3) tax status with the Department of Treasury, Internal Revenue Service(IRS), assuring full deductibility of gifts which meet IRS Requirements.
- Tyndale Theological Seminary will use gifts for the purposes designated by donors. When undesignated, gifts will be used for current Seminary priorities.
- Tyndale Theological Seminary will promptly issue receipts for every donation, with necessary information to satisfy all IRS requirements.
- Tyndale Theological Seminary will only conduct gift solicitation by way of Seminary officers, employees, or volunteers and will not utilize external fundraising organizations.
- Tyndale Theological Seminary will not release, sell or otherwise distribute mailing lists to any organization, and will maintain confidentiality of all donor records to the greatest legal extent.
- Tyndale Theological Seminary will make quarterly financial statements available to donors upon request, and will answer all inquiries from donors promptly.
- Tyndale Theological Seminary expenditure budgets and salaries will be approved by its Board of Governors.