The Lam family is in the process of raising US$500,000+ to be donated to “GOI”(HQ) for the establishment of Cyrus and Pearl Lam Mission Fund (the “Fund”).
The Fund donations are to be invested in an index fund with minimal fees.
Every calendar year, the Fund will provide up to 5% of the total fund principals as grants for new missionaries in fundraising needs.
A newly appointed missionary unit (NMU) may apply for the grant under the following conditions:
Applications and awards for the grant will be administered by a three-member committee appointed by GOI's Executive Committee.
When additional funds are available, it can be extended to the NMU for a second term under the following guidelines: