Stewards Fund FAQ
What kind of assets can I give to establish an account?
You have the flexibility to give the asset that makes the most sense for your specific situation. Almost any asset can potentially become a charitable gift...stocks and other securities, real estate, business interests (particularly prior to a sale), life insurance, farm commodities, equipment and collectables .
Why should I give appreciated assets?
The federal tax law makes gifts of appreciated assets owned for one year, advantageous for many people.
- Appreciation on charitable gifts is not subject to capital gain tax
- You receive a tax deduction for the full value
- The actual cost to you could be significantly lower when using appreciated assets
Can I establish an automatic charitable grant payment schedule?
Yes, you may specify automatic payments to your favorite charities on a quarterly, semi-annual or annual basis.
Will you have historical information on my charities so I don't have to provide it each time?
If you use our on-line grant process, we will have a record of previous charities which you have supported and all necessary contact information. When making a new on-line grant request, information for previously supported charities is automatically provided.
How quickly will my grant requests be processed?
All requests that are approved by Thursday are mailed by Friday of the same week, directly to the organizations you recommend.
What if my favorite charity experiences an emergency need?
In emergency situations, please call us and we will work with you to accommodate your request. We understand the nature of relief agencies and your concern about the timeliness of your support.