Advanced Charitable Giving & Tax Strategies with Joe Foster of Foster Financial!
We partnered with our friends, and supporters, over at Foster Financial Group to have a conversation about generosity. From thinking about generational generosity and instilling this in our children, to learning tactics to “divert more tax dollars to kingdom dollars,” to getting to share Seed Effect’s mission as a potential charitable organization to give to!
We are so grateful for Foster Financial Group’s heart for Kingdom impact and pray that this conversation is a blessing and encouragement to you and your family to provide some ideas on how we can be strategic in our generosity!
To watch, please click the play icon on the video below! An outline of the conversation can be found underneath the featured video.
0:00 – Intro: Jake Crandall, Joe Foster, & Missy Williams
0:35 – Seed Effect’s Mission & Story of Impact
7:18 – Have you sold a business? Learn about some advanced charitable giving strategies that can save you significantly! Charitable pooled trusts and Donor Advised Funds.
9:12 – “We like to use the term diverting tax dollars to kingdom dollars”
10:52 – Learn about books, events, organizations, and other tools that can spur your generosity journey.
13:30 – Hear about some ideas on how to instill generosity in your children and steward intercultural competency and awareness in your littles to give them a greater understanding and world view on generosity?
20:40 – Other Charitable Giving Strategies? Gifting appreciated stock or mutual funds. Qualified charitable distributions from your IRA’s required minimum distribution.
Article Info
Share This Article
More From The Blog
External Impact Assessment
Control Group Study Our team collects extensive data to evaluate the effectiveness of our program within the communities we serve. Year after year, we’re encouraged to see that Seed Effect members are improving their lives in every sector we are measuring. And now,...
Independence Evaluation | September 2019
When we launched our savings program in Uganda, we hoped to equip our groups to be completely independent of Seed Effect’s support after just one savings cycle (9-12 months). However, we noticed that our second-cycle groups needed more support than we had initially...
Maia Rose’s Story
In 2020, Seed Effect provided business and livelihood training for 148 groups. As a result, 160 new individual businesses were started and 19 groups started new group businesses. Maia shared: “My hope was raised because of belonging to a caring savings group in which...