Nothing was kept for overhead. All expenses were underwritten by Stealey, his church or friends who made offerings to the fellowship for that purpose. The plan was simple. Send money to the secretary. The secretary sends money to missionaries as you direct.
Mutual cooperation places all in a fellowship of missions.
They asked all prospective missionaries to agree with the plan. The other points expanded upon that first one, spelling out rules for supporting, reporting, building, and changing. The new plan showed how churches send out missionaries who are then responsible to the churches. By the time of the formation of the Baptist Bible Fellowship in 1950, most of those issues had been ironed out, and today we take for granted the sending responsibility of the churches and the missionary accountability to those same churches. Within a few weeks of formation of the BBFI, Georgia Webb, Ike Foster, Olson Hodges, Lavern Rodgers, Alvin Marsden, J. Harold DeVilbiss, Frank Hooge and Elmer Gullion, representing the fields of Mexico, Japan and the Philippines, expressed their intent to become missionaries of the new Fellowship.