The Difference Between an Estate Plan and a Will
The difference between an estate plan and a will by Christopher L. Kelly, Esq. We may think all we need is a Last Will and Testament to take care of our final wishes. While a Will is certainly an integral part of documenting these wishes (and it’s great that you have a Will—almost half of […]
Why is Planned Giving Important to the Church?
Why is planned giving important to the church? by Christopher L. Kelly, Esq. Is incorporating planned giving into the stewardship ministries of a church worth the effort? To begin, let’s define planned giving simply as a method of giving to support a church or charity from resources other than just from a person’s income. In […]
Will New Tax Legislation Affect Giving At My Church?
Will New Tax Legislation Affect Giving At My Church? There’s been much in the news that has raised alarm for charities after the tax bill passed at the end of 2017. To establish the context for this discussion, we note that one of the key components of the tax legislation is the increase of the standard […]
The Power of Stewardship
Stewardship. It’s a word we hear often in church or ministry settings, usually when we’re discussing how to financially support our church and other ministries. We often hear that we need to be good stewards and, down deep, we really want to be. After all, Scripture gives many examples of the foolish behavior of bad […]
IRA Charitable Roll Over Extended for 2016 and Future Years
Special tax-free IRA gifts for 2016 and Future Years For those aged 70½ or older, it is once again possible to make tax-favored charitable gifts from traditional and Roth IRA accounts. On December 18, 2015, the President signed into law legislation that extends the charitable IRA rollover for 2015 and makes this provision permanent for future […]
What to Do with Appreciated Property
What to do with appreciated propery by Christopher L. Kelly, Esq. Do you have some appreciated assets just lying around that you don’t know what to do with? Maybe I can help. I encounter many people who are holding onto valuable securities or real estate who are not really benefiting from the asset but are […]
Impacting Future Generation for Kingdom Impact
In this edition of Touching Tomorrow, we congratulate the 215 recipients of the Tennessee Baptist Foundation Grants and Scholarships for the 2015-16 academic year. All of these students have met the requirements for our scholarship with a proven record of academic success and ministry involvement. We are delighted to share these names with you, not only […]
Foundation Can Help Grow Church Funds
Moreover it is required in stewards, that a man be found faithful. 1 Corinthians 4:2 (KJV) Over the past few years, I have received many calls from churches asking if there is any way to earn more interest on the money they have in their bank in savings accounts or endowment accounts. Most of these […]