KCTFO Annual Report FAQ’s 2015

Thank you for the submission of this year’s additional line-up of FAQs to add to the list you may have already come across in our community library regarding the following topics:

Important Note: Access to the entire KCT community development library is reserved for active members in the Koinonia Covenant (formerly SECom). A recap of basic onboarding FAQs are also provided for those seeking to be volunteer advisors and those with projects:

New FAQs 2015

In preparing for the 2015 annual report, we wanted to learn more about what you wanted to know about vs. the same ole corporate disclosure document with irrelevant data that few, if any, actually read.

For example, is it really important to know who gave the most last year with what amount? Or, does it really matter what the dollar value of assets under trust management we have access to through KCT? To what degree would you want your information made public as a function of such a disclosure? If past performance is not truly indicative of future results, why would you care about what somebody else has already done? And if so, how does that in any way determine your success and significance adventure ahead.

Nevertheless, after so many years of dispelling the notion of KCT as a “check-writer” vs. our authentic stewardship advisory role to those who do, we were pleased to see questions come back with a theme other than “project finance”. We view this as a positive sign in light of the current economic climate.

This year’s general Frequently Asked Questions (FAQs)

Q.1. What can I practically do to share the innovative KCTFO “WeCoSystem” such that it starts to reward family members and society?

Q.2. What do I need to do before I am ready to participate in the sharing of time, talent, treasure?

Q.3. Why is the Executive Summary (the 2-pager so important)? What do I achieve with it?

Q.4. Why is there so much emphasis on my Kingdom Character?

Q.5. What can KCTFO do for me? Where are the limits?

Q.6. Where was it demonstrated in the past?

Q.7. Tell me my potential story with KCTFO? How could it look like?

Still have questions about who we are and what we do around here? Think transparency … what do you really want to know, and why? We look forward to your hearing from you.

Q.1. What can I practically do to share the innovative KCTFO “WeCoSystem” such that it starts to reward family members and society?

A: The “WeCoSystem” document is part of the Strategic Philanthropy Overview series.

We know that Food, Water, Money, Possessions and Eternity were among the most popular essential elements Jesus used to correct and connect with people. We have the same opportunity to do the same today.

Who have you shared the current opportunities with already? Planting comes before the harvest while rewards are a function of how many lives we effectively touch both physical and spiritually. We must be “fishing” as Jesus taught to fish, in peer-to-peer relationships.

Q.2. What do I need to do before I am ready to participate in the sharing of time, talent, treasure?

A: Everyone can start today right where they are with time, talent, and treasure. But, there’s a big difference between busyness and effectiveness. Without our temple, and effective touch, connecting to our neighbors, we must know: 1.) who we are; 2.) where we are; 3.) what we have; and, 4.) where we are going, to be of any value to another. Regardless of what we believe, the way of the Good Samaritan comes to mind.

Q.3. Why is the Executive Summary (the 2-pager so important)? What do I achieve with it?

A: How, do you get someone’s attention to take you seriously? How do you generate far reaching buzz to a very broad audience of stakeholders? If you have a project, the KCT Executive Summary format is designed to put butts in chairs. What we cannot do, however, is make people fall in love with your message.

What makes our process especially unique is how your team (a minimum of three) allows others to connect at a heart level (a.k.a. values-based investing) in order to participate in something bigger than they are, wherever in the world they are, without any hindrances associated with regulated spaces (i.e. finance, securities, banking, crowd-funding, etc.). It is in the realm of the Internet of Things (IoT).

Q.4. Why is there so much emphasis on my Kingdom Character?

A: Jesus is the way, the truth, and the life. We are only able to reveal Jesus to others if we re+present Jesus … speaking what He spoke, and doing what He did, through a spiritual encounter, revealing the Love of the Father to those we physically engage.

We are in a collision of kingdoms, and our niche is teaching and revealing the principles of wealth creation and stewardship though invitation … the voluntary demonstration to overcome mankind’s greatest obstacles in accessing the Kingdom (money and possessions). However, without Kingdom “character”, such wealth is temporal, and will eventually pass away (e.g. Babylon). We ask the thought provoking question, “What’s the point, if “it” will not last?”

In summary, Kingdom character is more interested in the Kingdom of God than building their own. It requires not only character, but competence and chemistry so as not to destroy the team. If you are a builder, who would you want on your team… characters, or consumers? How would you know the difference?

Q.5. What can KCTFO do for me? Where are the limits?

A: Apart from our Father in Heaven, we cannot, nor will we, do anything “for” anybody. Nevertheless, our purpose is to advance the Kingdom of God through the renewal of our minds and the faithful application of such revelation according to our redemptive gifts and talents through the power of the Holy Spirit.

What we have, we freely share with anyone, not out of a recipient’s need, but rather out of our spirit of generosity through interdependent relationships we refer to as “Koinonia”. Those that give generously reap more so than those that do not.

Access to such social enterprise is a function of intimate relationship and responsibility. As such, our eternal Kingdom wealth metrics have a tendency to indicate increase, while our dependency on worldly wealth metrics fade away.

Q.6. Where was it demonstrated in the past?

A: History reveals most grossly underestimate the cost of true discipleship. Who then is the prudent investor, the one that with full disclosure chooses another path to walk, or the one that pursues the path only to later change his mind? Success is nice, but we prefer significance … something often measured in the intangible, unseen, and eternity.

Counsel is for safety … not for personal fame, or fortune. In this sense, a primary benefit of a relationship is the guardrail up the mountain you are climbing; or the ARC (Apostolic Resource Center) in the valley before the next assignment.

Our model is Jesus, and as your host, I have stripped off the legal person from the living person (a.k.a. in the world but not of it … legally walking on water). However, it’s what YOU do that defines YOU. I can share and show you seven steps to take in order to learn the Kingdom wealth stewardship blueprint, that if you walk them with me, and in the order prescribed, you will be wealthy at the end of our journey together. But first, we must ascertain if the two can walk together … how is it you define wealth?

Everyone that follows the 10-90 Honor Code of learn one; do one; train one, has the capability of becoming free in a process of three years. The Great Commission awaits those capable of bringing it in. Can you imagine living a life with no bank account, no earned income, no vehicle, or home in your name, yet having all that you need to live the life you are called to live? Jesus did this perfectly. As Kingdom Ambassadors, we give our best to live this lifestyle in the name of Jesus (a.k.a. power of attorney). In so doing, seven key timeless principles are common to such Kingdom living (then and now) and should be always found here:

  1. Jesus-centered consciousness (e.g. seek first the Kingdom …);
  2. Do what Jesus did … make disciples (e.g. learn one, do one, train one);
  3. Lead a life of characterized by humility (a.k.a. selflessness … more about Him than ourselves);
  4. We are known by our love … Obedience to faithfulness and to one another (the Great Commandment);
  5. Supernatural existence, characterized by the Holy Spirit (a POWER at work);
  6. Actively a part of Jesus’ covenantal community of His disciples (where two or three are gathered …); and
  7. Conflict … Truth and light are not welcome in the dark world of our assignment. Sparks will fly, and thus, such a lifestyle requires a radical commitment to fight the good fight to the death (it’s all or nothing in the Kingdom).

Q.7. Tell me my potential story with KCTFO? How could it look like?

A: Your story is your story in the context of the last will and testament of Jesus, whereby we will gladly demonstrate “how to”, and “where to” in order to learn your story within the context of His story. Inheritances after all, only happen when someone dies and leaves you a beneficial heir. Has anyone ever died for you and left you in charge … and under what circumstances?

We see a world of strategic philanthropy and social enterprise where the miracle of what we do in the Kingdom is not what we do with money, but rather what we do without it. We operate with metrics “on earth as it is in heaven” defined only by the fruit of the Spirit … for there is no law against these things.

However, as it is written: “No eye has seen, no ear has heard, no mind has conceived what God has prepared for those who love him”- 1 Corinthians 2:9

We are a Joshua Generation of pioneers leading others into the Promise of what God has already shown us. God’s redemptive story with the interconnectivity of other Apostolic Resource Centers (ARCs) is about aligning ourselves together for opportunity … the Great Commission

We follow the principles around the Law of the Harvest … our rewards are deferred, sometimes for a long time. But when we plant, we do so with the expectancy of a harvest and the desire to share in that celebration with you … S.D.G. If such lifestyle appeals to you, we invite you to make yourself known.

Advisory FAQs

Q1: How do I get involved?

Q2: How do I qualify to be an advisor?

Q3: What kind of expertise is needed?

Q4: What will be expected of me?

Q5: How much of my time does this require?

Q6: How long do I “serve” on a board?

Q7: Can I market my products & services to KCTFO clients?

Q8: Will I be taught how to advise? Is there an orientation?

Q1: How do I get involved?

A: Complete the online application here.

Q2: How do I qualify to be an advisor?

A: We encourage anyone with a professional skill or expertise to volunteer. Every advisory board is made up of a wide range of expertise and professional levels. Advisors are selected when their area of expertise matches the need of a particular company.

Q3: What kind of expertise is needed?

A: Through our current clients, we have learned that the following professions are requested most often: Human Resources, Marketing, Legal, Financial, Procurement Specialists, Operations and Strategic Planning.

In addition, almost ALL other expertise is needed, i.e.: Communications, Insurance, Risk Management, Sales Management, Team Building, Market Research, Market Analysis, Business Planning, Mergers & Acquisitions, Taxes & Regulations, Patents, Copyrights, Software, Payroll, Recruiting & Hiring.

Q4: What will be expected of me?

A: Each Advisor is asked to:

  1. Attend board meetings usually once every few months (2-3 hours each).
  2. Bring a willingness to support an organization to the best of their ability.
  3. Offer advice, and when you can’t, help the Client Organization find an alternative solution or resource.
  4. Be available to your Client Organization for phone or email support (1-3 hours per week) in between meetings.
  5. Communicate with KCTFO any issues that impede your ability to support your Client Organization.

An Advisor orientation is held at the beginning of each Client Organization’s first board meeting to review expectations and guidelines.

Q5: How much of my time does this require?

A: Generally, the amount of time an Advisor puts forth varies. Our general expectation is 1 to 3 hours per week.

Q6: How long do I “serve” on a board?

A: Board assignments are for approximately 12 months. At the end of the term, the Client Organization’s progress is assessed. One of three results occur:

  1. The board can opt to stay together for a few more months, particularly at a time of high growth or strategic change;
  2. A new board is assigned to stimulate further growth; or
  3. The company “graduates” from the program and the board is dissolved. Advisors can then serve on a new board if they chose to do so.

Q7: Can I market my products & services to KCTFO clients?

A: Due to our conflict of interest guidelines, advisors are asked to refrain from soliciting any of the KCTFO Client Organizations. When a Client asks directly ask about your products services, by all means, follow up on that inquiry. However, please notify KCTFO if the contact results in a new business relationship. We simply ask that the Client Organizations not be targeted as potential clients while an Advisor works with a specific Client Organization.

Q8: Will I be taught how to advise? Is there an orientation?

A: Every new board receives and orientation during the first part of their first board meeting. This briefing will allow for a Q & A session as well as provide information on the history and direction of the program. At any time, call the KCTFO office with questions or concerns.

Project FAQs

Q1: How can I get more information?

Q2: What is the difference between a Board of Directors and an Advisory Board?

Q3: Does my company qualify for an Advisory Board?

Q4: How do I apply?

Q5: Is there an application deadline?

Q6: Now that I have applied, what now?

Q7: How long does it take to get a board started?

Q8: How long is the board assigned to my company?

Q9: Who is assigned to my board?

Q10: May I select my own Advisors?

Q11: What is the mandatory “Client Orientation”?

Q1: How can I get more information?

A: Familiarize yourself with the contents of our website, not so much in the “what” we are doing, but the “how” we are doing it, more specifically, How We Work With Projects.

Q2: What is the difference between a Board of Directors and an Advisory Board?

A: A Board of Directors has statutory responsibility, meaning they make decisions and are legally liable for those decisions.

An Advisory Board in contrast, only offers advice. The decision making and liability are the sole responsibility of the Client Organization and its management.

Q3: Does my company qualify for an Advisory Board?

A: Subject to certain thresholds of activity, all companies that apply to KCTFO are eligible for no-cost “counsel”. The KCT Family Office (KCTFO) is a virtual organization, albeit headquartered in Orlando, FL for those calling in, and/or physically around the central Florida area, nevertheless, globally accessible anywhere you have a reliable internet connection.

KCTFO is positioned to assist social enterprise organizations that demonstrate successful humanitarian operations in the marketplace. Prospective organizations are best defined by the development stage that the organization is in (pre-revenue, revenue, or profitability). Our preferred “Client Organizations” are in a unique position of revenue, growing their business to the next level, but not necessarily looking to go public in the traditional sense of the phrase.

The preferred KCTFO Client Organization exceeds $10 Million in assets, revenue in the millions, and/or more than a dozen employees (e.g. faces challenges with viable alternatives to the Affordable Care Act, for example). However, as a function of our humanitarian business development efforts, KCTFO will consider organizations on a case by case basis that have at least 2 years operating experience with $500,000 in annual revenues and/or 5 or more employees regardless of their stage of their development.

Q4: How do I apply?

A: Complete the online application here.

Q5: Is there an application deadline?

A: KCTFO accepts applications from both organizations and volunteers on an ongoing basis. There is no deadline in this regard.

Q6: Now that I have applied, what now?

A: After KCTFO receives your application:

  1. An informal interview is conducted to gather more information about your organization.
  2. Once accepted, a mandatory client orientation is scheduled to go over program processes.
  3. KCTFO identifies the areas of expertise that could best benefit your company.
  4. Advisors are selected and introduced to you.
  5. Face-to face meetings are held so the company owner can decide if there is a good match.

Once all of the face-to-face meetings are conducted, with usually 3-5 different Advisors, the first Advisory Board Meeting is scheduled.

Q7: How long does it take to get a board started?

A: From application, the time it takes to start the actual board meetings varies from about 2-3 months. The time is spent, in three areas: 1.) finding/recruiting volunteers that match the expertise your company needs, 2.) conducting the face-to-face introductory meetings, and 3.) scheduling a mutually agreed upon time for the first board meeting.

Q8: How long is the board assigned to my company?

A: Generally, board assignments last 12 months. However, each board and organization will be reviewed periodically and may be left in place longer if the group agrees.

Q9: Who is assigned to my board?

A: Your Advisors are selected to bring expertise that your company and/or management does not have. These needs are determined during your initial interview with KCTFO. Your input to the type of people, expertise and working styles is valuable.

Q10: May I select my own Advisors?

A: While KCTFO assigns volunteers for you to interview, you can suggest people whom you feel would want to participate. All Advisors must complete an application and work through the KCTFO program. If you have someone you would like to “recruit”, or “sponsor” KCTFO will guide you how to contact and request their participation.

Q11: What is the mandatory “Client Orientation”?

A: The Client Orientation offers an opportunity to meet other KCTFO Client Organizations while learning about the process. It is an excellent time to ask questions and become familiar with what is expected of you and your organization in preparation to manage board activities.

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