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  • Woonona Presbyterian Church Training Bond

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    About Woonona Presbyterian Church Training Bond

    The Training Bond for your church provides a funding buffer for occasions when donations supporting the scholarship apprentices at your church are lagging behind payments made from the scholarships set up to support your apprentices.

    The Training Bond is set at $3,000 per scholarship apprentice, with a maximum bond per church of $9,000. 

    Payments to a Training Bond are not tax deductible.

    Training Bonds are fully refundable to the church at the completion of the related scholarship apprenticeship - if the apprentice's scholarship has been fully supported financially.

    Donations are Not Tax Deductible.