How the Stewards Fund Works
The Barnabas Foundation Stewards Fund helps you streamline your charitable giving while providing a variety of tax advantages. For more details, please see our Stewards Fund Policy.
Step 1: Establish your account
When you are ready to open your Stewards Fund account, please complete the Stewards Fund Application and Agreement form. If you would like, our staff will guide you through the process and answer your questions. Your call will be handled in strict confidence when you contact us at 888.448.3040.
To inform us how you would like the balance of your account distributed upon your death, please complete the Stewards Fund Distribution Request Upon Death form.
Step 2: Fund your account
To fund your account, you will need to make an initial, irrevocable gift of $10,000 or more in cash, securities or other types of long-term appreciated assets. The most common choices are:
- Marketable Securities (Instructions for Transferring Securities to Barnabas Foundation)
- Real Estate
- Privately-Held Stock
- Commodities (grains, soybeans, corn, fruits, nuts, livestock, etc.)
You receive an immediate tax deduction at the time you make your gift to Barnabas Foundation.
Step 3: Recommend how you would like to distribute your funds to your favorite charities
Use our Online Grant Recommendation process or fax/mail your Grant Recommendations form to us at our headquarters in Crete. This is the last step prior to providing support to a charity.
Step 4: Leave the paperwork to us
We prepare and send checks to your approved charities as identified in your Grant Recommendations. Quarterly statements are provided to you. Your year-end statement summarizes all your charitable activity in one convenient report.