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News Stories |
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Overview
President Bush signed the Pension Protection Act
of 2006 (ACT) into law on Thursday, August 17,
2006 which included an IRA charitable gift
provision. During the rest of 2006 and all
of 2007 individuals who are over 70 1/2 can make
a gift to charity directly from their
IRAs. IRA gifts up to $100,000 are not
taxable and qualify as all or part of the
required minimum distribution.
more...
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We are happy to announce that Karen Layland has accepted the position of Director of Communications for Barnabas Foundation. Karen is returning
after spending 3 years as Vice President of Marketing at Bible League. In addition to Barnabas Foundation and Bible League, Karen has also worked for CRC Publications, ABC Radio, and other communication and marketing organizations. We are especially pleased that due to her prior employment
with us she will begin this new position with a good understanding of our organization and how to effectively communicate our mission to our constituents.
In this newly restructured position, Karen will have responsibility for increasing the effectiveness of
our communications with clients and member organizations as well as crafting and disseminating the message of biblical financial principles to Christians across the country.
We see great opportunity to increase the number of people we serve both in estate planning and in tax-efficient charitable giving. We also see an increasing need to help churches teach and encourage biblical financial principles among their members.
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Several
respondents to our recent Survey of Christian
Reformed Churches have asked for the Summary of
Findings in electronic form so they can share
the information with other members of their
churches. To use this file you will need
the Adobe Acrobat Reader.
Click
here to download the Church Survey PDF file.
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Date: April 17,
2006
From: American Council on Gift Annuities (acga@acga-web.org)
Subject: Gift Annuity Rates
At its meeting on April 5, 2006 the ACGA board approved the recommendation of
the Gift Annuity Rates Committee to continue the current gift annuity rates for
another year. Unless unforeseen circumstances should necessitate an interim
adjustment, the rates that became effective on July 1, 2003 will remain in
effect at least through June 30, 2007.
For deferred gift annuities, the compound interest rate during the deferral
period will be increased from 5.0% to 5.25%.
For a more detailed explanation from the ACGA or for a copy of the gift
annuity rate tables, please visit the ACGA website at www.acga-web.org
--------------------------------------------------------------------------------
American Council on Gift Annuities
233 McCrea Street, Suite 400
Indianapolis, Indiana 46225
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We have added an attorney to our Estate Planning staff, Amy Bakker Baty. Amy joins Steve Baker in our Michigan office and comes to us after being in private practice for 17 years. Amy is a graduate of Grand Valley State University with a Bachelors of Business Administration degree and University of Illinois College of law with a Juris Doctorate. Most recently she has been a partner in the firm of McNeil, Karafa, Baty & Saunders, LLP, Grand Haven, Michigan where she focused her practice on estate planning and probate administration. She is joining Barnabas Foundation because of a strong passion to use her legal skills in an organization where she can be more focused on work that has a Kingdom impact.
We are thankful that God has led Amy to Barnabas Foundation and are excited about the contribution her enthusiasm, energy and expertise will bring to our team.
With the addition of Amy to our planning staff, Sue Raines, our administrative assistant in Grand Rapids, has transitioned from part-time to full-time. We are pleased that Sue was able to do this as part of serving our member organizations and their supporters more effectively.
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As of March 6th our Michigan office relocated to accommodate our additional staff.
The new address and phone numbers are:
4843 Cascade Rd SE Ste 3
Grand Rapids, MI 49546-3781
Phone: 616-956-1232
Fax: 616-956-3440
We are planning to hold an open house in April to allow you to visit our new office and meet Amy.
We look forward to seeing many of you that day.
More details will follow.
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Norm Vander Wel
January 21, 1941 – January 6,
2006
Norm was the Director of FirstFruits at Barnabas Foundation for the past 11 years and provided excellent leadership and talent in stewardship ministry. He met with many church leaders, councils and stewardship committees across the country challenging Christians to handle all their gifts in a way that honors God. Barnabas Foundation remains committed to continue to do the work that he loved so much and inspired all of us to do. Norm is survived by his wife, Lois, three sons and one grandchild.
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To e-Grants . . . |
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