Your Foundation is pleased to announce the launch of a brand-new tool: the Single Ministry Fund. You select the church or ministry that will be blessed, add funds, and then let us know how/when to send the funds to the organization.
You can fund your SMF with cash, stocks, mutual funds, real estate, or more. Single Ministry Funds are an excellent solution for the tax-savvy donor who wants to use a Qualified Charitable Distribution
for their monthly tithe. Simply direct your QCD to the Foundation, establish the SMF, and we’ll do the rest.Sam is a grain farmer who knows the benefit of donating non-cash assets like grain or depreciated business assets. Sam is also very generous, and typically gives more than $100,000 to his church each year. Since he generally makes a one-time gift of grain, he doesn’t want that to show up in his church’s checkbook all at once. Instead, he gifts the grain into his Single Ministry Fund at the Foundation. The Foundation sells the grain and places the proceeds in a low-risk money market fund. Every month, the church receives a check from the Foundation representing 1/12 of the value of the grain.