New Uniform Banking Standards Policy
WorldVenture recently approved a new Uniform Banking Standards Policy. To access the full policy statement, please look it up on Sharepoint. Here is the link: FIN.POL.2025.002 Uniform Banking Standards Policy.pdf
New Personnel in Finance
We’ve had some turnover in the Finance Department since our last newsletter. Two have gone, and one is new. If you want to get to know us a bit more, please check out this month’s Finance Department News section in this newsletter. There are photos and a bit about each of us.
Budget Open Enrollment
If you haven’t already noticed, we are in Global Worker budget Open Enrollment season again. You should have received an email announcement about this last Friday, May 1. If you don’t need to make any changes to your budget, you do not need to submit any forms. However, you DO still need to submit your budget for approval via the GMC. If you do not know how to do that, please contact your Staff Accountant.
All Finance newsletters are archived in PDF version on WorldVenture’s Sharepoint Intranet for reference. Go to WV Resources \ Knowledge Base \ Finance \ Newsletters (or just click on the orange “Newsletters” in this sentence and the embedded link will take you there).
Thank you in advance for taking some time to read this important information. Our aim is not that you become an expert in WV financial matters, but that you are kept informed of things that impact you directly. We try to title the articles so that you will know immediately which ones are particularly pertinent to you and can focus on those.
If you are HQ staff, please consult with your supervisor to confirm whether specific articles or statements apply to you.
It is our pleasure to serve alongside you!
Meet the Finance Team: Serving the Lord by Supporting the Mission
Behind every ministry opportunity, field assignment, and efforts to reach the lost, there is a dedicated team working faithfully to serve you and support the work God is doing around the world. The Finance Department is passionate about serving our Lord and growing His Kingdom by providing the financial services and stewardship that enable WorldVenture’s operations—so you can accomplish what God has called you to do!
This time, I’m excited to introduce the faces and hearts behind Finance and invite you to join us in prayer for one another.
Mary Ackermann – Financial Services Specialist (Receipting)

Mary with her family. She’s in the center of this picture with a gray jacket.
What Mary enjoys most about working at WV:
Being a small part of what God is doing across the world.
Prayer request:
Please pray for Mary’s health and for her children and grandchildren to come to know Christ.
Davina Vannice – Financial Services Specialist (Receipting)

Davina with her family – she’s on the far right.
What Davina enjoys most about working at WV:
The sense of purpose that comes from being part of something that impacts people globally.
Prayer request:
Please pray for Davina during this season of transition as she learns her new position at WorldVenture.
Renee Chase – Financial Services Specialist (Payables)

Renee with her family – she’s next to her son (the groom) in the blue dress.
What Renee enjoys most about working at WV:
Being part of the joy of seeing a Bible placed into the hands of people who have never had God’s Word in their own language.
Prayer request:
Please pray for Renee’s son as he married in March 2026.
Kriss Reece – Financial Services Manager

Kriss with her family – she’s in the middle with the pink blazer.
What Kriss enjoys most about working at WV:
I’m grateful to work at WorldVenture where I partner with people pursuing God’s mission with passion.
Prayer request:
Please pray for grace and understanding for Financial Services as we go through transitions and learning new platforms.
Christina Segura – Senior Staff Accountant

Christina with her family – she’s in the middle back next to her husband.
What Christina enjoys most about working at WV:
Serving global workers and Home Office staff while hearing the incredible stories of what God is doing around the world.
Prayer request:
Please pray for Christina’s health and the successful completion of current work projects.
Dan Penney – Staff Accountant

Dan is seated next to his wife, with his sons and daughter-in-law standing behind.
What Dan enjoys most about working at WV:
Helping global workers better understand their finances, reducing stress, and equipping them to manage resources efficiently.
Prayer request:
Please pray for healing—both physical and emotional—for Dan’s wife.
Reda Edelen – Assistant Treasurer

Reda with her husband and sons.
What Reda enjoys most about working at WV:
I value working at WorldVenture because it allows me to serve the Lord through my daily work and to openly share my faith in a Christ-centered environment.
Prayer request:
Health for my team and their families; grace and diligence to complete the tasks at hand
Fabian Perea – Treasurer

Fabian with his wife and children.
What Fabian enjoys most about working at WV:
Using finance & accounting to advance the proclamation of the Gospel.
Prayer request:
Please pray for Fabian’s family as they are welcoming their new baby girl in June 2026, for a safe delivery, and for healthy baby.
Soraya Marin – VP of Operations

Soraya with her daughter.
What Soraya enjoys most about working at WV:
Seeing God’s diversity and creativity displayed through people from many backgrounds and cultures, and walking faithfully as WorldVenture follows the Lord’s leading.
Prayer request:
Please pray for wisdom as WorldVenture makes necessary changes to follow God’s direction.
Thank You for Praying With Us
Thank you for walking alongside our Finance team in prayer. It is a privilege to serve you, and we are grateful to play a part in what God is accomplishing through your obedience and faithfulness around the world.
Please continue to keep the Finance Department in your prayers as we seek to steward resources wisely and follow the Lord’s leading together.
Joyfully serving,
Fabian Perea
Soraya Marin – VP/Chief Operations Officer
Fabian Perea – Treasurer
Reda Edelen – Assistant Treasurer
Christina Segura – Senior Staff Accountant, Europe/MENA & Americas
Dan Penney – Staff Accountant, Africa & Asia
Kriss Reese – Financial Services Manager
Mary Ackermann – Financial Services Specialist
Renee Chase – Financial Services Specialist
Davina Vannice – Financial Services Specialist
Finance Maintenance Announcement
In the next couple of months, we will be doing some weekly maintenance in our system as we prepare for our annual audit. This weekly maintenance is scheduled from 8:00 am to 5:00 pm, Colorado Mountain Time (GMT-6), and will occur every Friday from mid-July through mid-September.
During those hours, your GMC Statement reports may not be accurate. We apologize for this inconvenience, but wanted to let you know about this and that reporting inconsistencies are expected during those hours.
Should you have questions about your funds and the related reports outside of the maintenance times, please do not hesitate to contact the Finance department at financehelp@worldventure.com.
We are aware that there have been some instances recently in which Global Workers have been frustrated by the Finance Department’s response time. We apologize for any inconvenience this has caused. We want to take this opportunity to set realistic expectations and to provide explanation that may alleviate some of the frustration.
As for expectations, we want to assure you that under normal circumstances we strive to respond to all emails and cases within 2-3 business days. However, recently our response time has increased considerably due to temporary under-staffing as well as additional workload from projects like the WeGive transition, getting DonorElf up and running, etc. So for a few more weeks, it is more likely that we may take 5-6 business days to respond. We ask for your patience.
If your wait for a response goes beyond that time frame, please follow up with an email through the original case that you submitted. To do this, make sure you are replying to an email from the case (such as the auto-response email that is generated immediately in response to every email to FinanceHelp). If you use a new email to send an inquiry to FinanceHelp about a case rather than replying to an email from that case, please add the reference number from the original case to your email text so that our case system recognizes it as an existing case and knows to route your email to that case. Sending a new email to FinanceHelp without the original case reference number somewhere in the email text or subject heading will simply generate a new case, adding to our workload and slowing down response time further. (Note that a reference number is not the same as the case number. Case numbers are 6-7 digits and only numerals; reference numbers look like this: ref:!00DA00IiP5.!500VX0i1qjH:ref, and usually appear in the subject heading of any email from the case.) We are immediately alerted about a new email to an existing case, so we are likely to respond to those more quickly than we are to a brand new case.
If you send an initial email to FinanceHelp and do not even receive the auto-response email providing a case number and reference number, please contact someone in Finance directly and let us know. Lack of an autoreply could indicate that your email may have gotten lost in cyberspace and no case was even generated!
Finally, we want to assure you that despite occasional response times that are longer than we would like, we’re doing all we can to service your inquiries and respond to your cases. The recent longer wait times are due to the fact that our Financial Services sub-department has been significantly understaffed for a couple of months. Shortly before the end of the year, we lost two of our faithful employees in that sub-department. Then a third worker in that sub-department was diagnosed with a medical condition that requires repeated treatments over several months. This means that this employee is needing to take multiple sick days each month for their treatments as well as for recovery time from those treatments. As a result, in the course of a few weeks our Financial Services team went from its normal four full-time employees to one full-time and one working reduced hours. So please apply grace in corresponding with our folks in Finance. It is our constant goal to provide you with both excellent and timely service, but until we’re able to hire and train additional personnel, Financial Services is crawling out from under a certain amount of backlog from the combination of under-staffing and the giving platform transition. Thank you for your patience, and please pray with us for at least one more quality employee in that sub-department.
As some of you are discovering, grant agreements are becoming an increasingly common part of WorldVenture’s activities. If you haven’t had to set one up, you may have no idea what it is. And even if you have, it may still be unclear exactly why and when they’re needed.
Before we give the explanation, some definitions may be helpful…
A grant agreement, then, is a formal contract between a grantor and a grantee that outlines the terms, conditions, and responsibilities associated with the transfer of funds from the grantor to the grantee.
A grant agreement is necessary any time WorldVenture—or an agent of WorldVenture, such as a Global Worker—transfers ministry funds to a third party who has no formal relationship with WorldVenture. By “formal relationship,” we mean a legal, contractual relationship, such as that of an employee or an officially appointed volunteer.
The reason a grant agreement is necessary under such circumstances is two-fold. One is simply that financial integrity and faithful stewardship demands it. The other is that the IRS requires that WorldVenture ensure—in fact, that it has documentation to prove—that all funds donated to it are used to accomplish its tax-exempt purpose. A grant agreement is legal assurance that the funds are used by the third party for the purpose WorldVenture intended. This legitimizes the transfer of funds because the grant agreement provides WorldVenture with a written guarantee that the funds will be used in accordance with its own tax-exempt purpose.
To put this in everyday language, any time you want to provide ministry funds to an individual who is not a WorldVenture Global Worker, or to an organization that is not structurally controlled by WorldVenture or its agents, you’ll need to set up a grant agreement with that person or organization. It does not matter whether the money comes from your USF or a Special Project. If you need to turn over ministry—i.e., tax-exempt—funds to a third party, you need a grant agreement with that person or organization.
If you think you may need a grant agreement, please contact your Global Coordinator for the appropriate form and the procedure for submitting it.
By now you should be familiar with the FinanceHelp email address (FinanceHelp@worldventure.com). However, you may have been hesitant to use it for any number of reasons. Maybe you have a favorite person that has helped you in the past. Maybe you only remember the name or email address of one person in Finance. Or maybe you just don’t like the impersonal feel of emailing a non-person. These are understandable reactions to a generic email address. However, there are significant advantages to the FH email address. We’d like to suggest that using the FH email address might just be to your advantage—actually, several advantages!
First, by using the FH email address, you don’t have to remember who to email for what issue or problem. This email address is connected to our automated case system. As soon as our Salesforce system receives an email to the FH email address, it sets up a case. This case is then automatically assigned to the appropriate person based on any recognized key words in your email’s subject heading, as well as your world region. So you never need to remember to whom you should address your question or concern—the system will do that for you, even if it’s a different person since the last time you emailed about a similar issue. And even though you’re emailing an impersonal email address, your question or issue will receive personal attention from the appropriate individual.
Secondly, the case that the system automatically generates in response to your email will retain all the emails, related files, and any notes that we make about it, all in one place. There are two advantages to this. It makes it easier and faster for us to access any previous communication, related file, or note when working on your case. We don’t have to search our email inbox, or hunt down the file you sent us two days ago that we now can’t remember what folder we saved it in. It’s all right there in the case.
In a similar vein, if after conversing with you several times or doing some preliminary research, we realize that your question needs to be handled by someone else, we can easily pass the case—with all its history, emails, notes, and other information—to another member of the Finance team. Say after some back and forth and several files sent to us, we decide that it’s really a Payroll issue rather than a budget issue. We don’t have to forward five emails and three files to Payroll. We simply reassign the case to the appropriate person and they immediately have everything they need to resolve your problem, including any notes we’ve made on it.
As you can see, using the case system—i.e., the FinanceHelp email address—is a huge advantage to both you and us. For us, it allows us to be more efficient by streamlining our workflow because it keeps everything in one place. Imagine having 20 or 30 open cases and you receive a new email about one of them. Instead of pawing through the many emails in your inbox to refresh your memory about the history of that person’s issue, you simply go to that case and immediately have everything you might need at your fingertips to help resolve the person’s problem. That’s what the case system does for us.
And it’s more efficient for you because you don’t have to know who to send your question to, and you’ll likely get a response more quickly since having everything related to your question together in one place allows us to be more efficient.
There are two more things that are helpful to keep in mind when using the FinanceHelp case system:
Thank you for your help by keeping these suggestions in mind.
Information contained in this newsletter is intended for internal use by WorldVenture workers, staff, approved volunteers, and board members. Unauthorized distribution to other parties is not permitted without permission from Finance leadership.