A: One easy way to accomplish this is by giving through Barnabas Foundation. Once you’ve designated Barnabas Foundation as the beneficiary in your legal documents, you can then tell us how funds should be distributed to your church and the other ministries close to your heart.
Question: I would like to give farming equipment in a way that benefits both my church and my favorite ministries. What’s the best way to accomplish this?
Answer: The Stewards Fund (Barnabas Foundation’s donor-advised fund) provides you a streamlined solution for giving to multiple ministries. You can give property and/or cash into a single charitable giving account, and then you can recommend grants be made from that account to your church and other favorite charities.
Q: In light of the current market, should I still consider giving stock?
A: Absolutely! Giving appreciated stock, real estate or other non-cash assets remains one of the most cost-effective ways to support your church or other ministries since you will receive a fair market value deduction at the time of your gift and avoid capital gains on the sale of appreciated assets.