A new schedule of suggested maximum gift annuity rates was announced yesterday by the American Council on Gift Annuities (ACGA) during their biannual conference in Seattle, Washington. This change represents a significant benefit to donors who establish charitable gift annuities on or after July 1, 2018.
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Barnabas Foundation celebrates a new record in charitable distributions, issuing $52 million in grants in 2017 to nearly 1,600 churches, nonprofit ministries and other charitable organizations.
With the final tally completed for 2017, Barnabas Foundation celebrates $85,399,099 in gifts received this year, to be distributed in the form of grants to churches, ministries and charitable organizations. This marks a 46% increase over last year, and Barnabas Foundation’s largest year of charitable gifts received since its founding in 1976.
Now that the Tax Cuts and Jobs Act has passed, we know several provisions that may affect the tax implications of your charitable giving. Here are some of the key changes and opportunities you may want to consider.
Barnabas Foundation welcomes Travis Morrow, J.D., as the newest member of its national team of planning attorneys. Based out of the Santa Barbara area, Morrow is available to provide charitable gift and will planning services to individuals and families on the west coast who are supporters of member ministries.
Rev. Phillip S. Leo has joined the Barnabas Foundation team as church communications director. In this role, his top priority will be connecting with churches and ministry leaders in their efforts to steward their roles and resources for ministry.
Barnabas Foundation has appointed Kurt Knoll and Lynell Dykstra to new roles, in an effort to better serve current and potential member ministries.
Barnabas Foundation has reached a significant milestone — assisting with the distribution of $600 million in gifts to charities, since its inception in 1976.
In the aftermath of recent hurricanes, and with unprecedented rainfall and flood damage, there is a tremendous need for disaster relief in the affected regions. Barnabas Foundation member ministries are on the ground, providing immediate and long-term support to those in need.
Barnabas Foundation has moved headquarters from Tinley Park, Ill., to Crete, Ill. More spacious than the previous facilities, the new location positions Barnabas Foundation for future growth and enhanced services for the ministries and churches we serve.