We Believe… In Caring for the Poor

In our continuing series of reflections based on the credos, or statements of belief on which we founded The Stewardship Foundation, we explore care for the poor, specifically the hungry…

We believe… that it is our responsibility to care for the poor, the sick and the disadvantaged, and to use our talents for the betterment of mankind through education, opportunity and freedom.

We need not look further than Matthew 25 verses 35-45 to understand the source:

“For I was hungry and you gave me food, I was thirsty and you gave me drink, I was a stranger and you welcomed me, I was naked and you clothed me, I was sick and you visited me, I was in prison and you came to me. … Truly, I say to you, as you did it to one of the least of these my brethren, you did it to me.”

According to the Urban Institute, poverty in the U.S. in 2021 is 13.7%, or 1 in 7 Americans. A leading charity, Feeding America puts the number of people experiencing hunger at 35 million. In our hometown of Columbus, Ohio, you can help support a local Food Pantry (see the list) or this coming Thanksgiving plan to provide a holiday meal to a family in need through the Byron Saunders Foundation. 

We understand that values are the driving force in a nonprofit and that the social mission trumps profit in the bottom line. 

Nonprofits and charities, like the Byron Saunders Foundation often seek funding from foundations such as ours. We work with estate planners, financial advisors, accounts and attorneys. Nonprofits and charities can benefit from our relationships within the charitable planning community. We offer:

  • A cost-free resource for charitable planning
  • Donor motivation seminars and events
  • A philanthropic partner that embraces your mission and cause
  • Opportunities to meet colleagues and potential donors and clients

We are willing to formally share what we know about the causes we support with other foundations and funders. Our success rests on our commitment, leadership, energy, enthusiasm and ideas that will emerge when we work together. Contact us now at (614) 800-7985, and please consider forwarding our message to a friend or associate.

Photo credit 222479223 © US Navy Medicine | Dreamstime.com

Are Charities in Trouble?

Retirees are consistently charitable. They are the largest group of Americans supporting the many non-profits and charities that rely donations for survival. So what happens now that the new Tax Overhaul Bill is a reality?

Retirees that used to itemize deductions used their property taxes, perhaps state income taxes, and their charitable contributions to reduce their taxable income. Now, there are two fixed levels: $12,000 for individuals; $24,000 for married couples. So the question for charities now is, will the benefit of those charitable contributions disappear? Maybe not.

It’s nothing new, but the strategic method for those 70-1/2 and older to reduce taxable income by giving their entire RMD (Required Minimum Distribution) directly to charity is still a good one. But now, you might want to give twice as much every other year if that results in an amount to write off that is larger than the standard deduction.

Let’s say you are retired but not yet 70-1/2. You don’t have a Required Minimum Distribution, but you may want to take a distribution (earmarked for a charity) in order to avoid being in a higher tax bracket. It’s a painless way to give to charity or support the causes and missions that you care about so deeply.

For certain income levels, you might want to consider a Donor-Advised Fund (DAF). These funds—sort of like personal private foundations, without all the legal and accounting costs—allow contributors to donate money and take a tax deduction in the same year, then pay the money to selected charities over time. There are interesting advantages for a DAF. If you missed the 2017 cut-off, you might want to have a conversation with us to see whether either RMD or DAF plan could be to your (and your charity’s) advantage going forward.

Call us for free, no-obligation consultation or refer us to a friend you know who may need our expertise and experience.

Bethesda Healing

Now there is in Jerusalem at the Sheep [Gate] a pool called in Hebrew Bethesda, with five porticoes. In these lay a large number of ill, blind, lame, and crippled. For [from time to time] an Angel of the Lord would come down into the pool; and the water was stirred up, so the first one to get in [after the stirring of the water] was healed of whatever disease afflicted him. (John 5:2-4)

healingBethesda Healing Ministry on Dover Road in Columbus is a Catholic Christian ministry that for 22 years has served men and women suffering the effects of abortion in the spirit of the biblical Bethesda. The Stewardship Foundation has supported the ministry financially for several years, and is blessed for having done so. In April, we attended their Annual Event Dinner where the ministry hoped to raise $150,000 to fund their vision to extend “the arms of outreach” in Ohio. Up to now, the ministry has been run strictly by volunteers at no pay but now foundress Judy Schlueter feels they need to fill new leadership and staffing positions and broaden their reach so that more suffering people can experience healing.

We encourage you to visit their new website. You will be moved and inspired with their work and the real life stories told by women who chose abortion and have now experienced the healing power of God’s love.

Forward this blog to anyone you know who may need God’s healing love from depression, self-hatred, or trauma due to a choice made in secret or at a time of great confusion.

Forward this blog as well to anyone you know who may may be seeking investment advice from professionals who are principled and committed to Christian stewardship.