February 29, 2016: The ECFA (Evangelical Council for Financial Accountability) announced today the accreditation of FCMM Benefits & Retirement of Minneapolis, MN.
ECFA accreditation is based on the ECFA Seven Standards of Responsible Stewardship™, including financial accountability, transparency, sound board governance and ethical fundraising.
FCMM Benefits & Retirement joins a growing number of Christ-centered churches and ministries across America, supported by over 27 million donors that have earned the right to display the ECFA seal. When an organization is accredited by ECFA, it demonstrates its willingness to follow the model of biblical accountability.
“We are pleased to accredit a ministry committed to serve as the benefits organization of the Evangelical Free Church of America,” said Dan Busby, president of ECFA.
Founded in 1971 as a trust of the Evangelical Free Church, FCMM Benefits & Retirement (www.fcmmbenefits.org) assists EFCA and like-minded churches and ministries to provide benefit programs for their staff. In 2012, FCMM separately incorporated as a best practice for fiduciary responsibility. The IRS recognized FCMM as a 501(c)(3) charitable organization on its own in 2015.
ECFA, founded in 1979, provides accreditation to leading Christian nonprofit organizations that faithfully demonstrate compliance with the ECFA Standards pertaining to financial accountability, fundraising and board governance. For more information about ECFA, including information about accreditation and a listing of ECFA-accredited members, visit www.ECFA.org.