A. If you have stock that you’ve owned for at least a year and it has increased in value, this is much more cost effective than giving cash. You’ll receive a tax deduction for the fair market value and avoid paying capital gains.
Empowering Practical Transformation Through the Stewards Fund
Paying airfare for community development facilitators to train local leaders in Madagascar. Providing a salary supplement for a national community development coordinator in Kenya. Translating a community training manual into French.
These are just a few of the practical and savvy ways the Lois Ooms Community Health Stewards Fund is being used to transform communities around the world.
By Rev. Phillip Leo, Church Communications Director
When I started seminary, the first required course was “Prolegomena,” which loosely translates from Greek to mean, “Here’s what you say before saying anything.” This makes me laugh now. Truth is, I needed that lesson!
Q. Why should I consider leaving a gift in my will?
A. Your will (or trust) is your final act of stewardship and care. Through it, you can take care of your loved ones, model a legacy of generosity and ensure your favorite ministries continue to make a difference well beyond your lifetime.
You may already be aware of the significant tax implications of the now-permanent IRA Charitable Rollover Act. If you are 70 ½ or older, you can give from your individual retirement account (IRA) to charity AND receive significant tax benefits in return.
“Selling their possessions and goods, they gave to anyone as he had need… They broke bread in their homes and ate together with glad and sincere hearts praising God and enjoying the favor of all the people.” (Acts 2:45-47, NIV)