Impact investing refers to investments "made into companies, organizations, or funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return." Impact investments provide charitable capital to address social and/or environmental issues. Impact investors actively seek to place capital in businesses, nonprofits, and funds in industries such as renewable energy, basic services including housing, healthcare, and education
There are some startling statistics out there regarding children and inheritance: 50% of the children that receive an inheritance this year will spend it all in 6 months 80% will spend it all within one year The average length of time between receiving an inheritance and a major purchase is 16 days The divorce rate goes up significantly after one spouse receives an inheritance These are the same kind of statistics that we see for people who have won the lottery! People do not
For most people life is cyclical, we have times of being in good health and times when we have aches, pains or illness. We have times when we are able to meet our financial needs without much worry and times when the lack of finances seems to control our lives. When we have times of good health, we need to take care of our bodies by exercising, getting good sleep and eating right, so that the times of sickness or pain will be shorter and easier to manage. The same is true wit
Success is usually measured by what you do for yourself, significance is measured by what you do for others. As Zig Ziglar once said, “you can get everything you want in life, if you will just help enough other people get what they want.” Significance comes when we use the time, treasure and talent that God has given us to improve the lives of others. Giving without expecting anything in return. To help those who do not have the ability to pay us back for what we have given.
Whether ministry is your full-time service, part-time or even spare-time, establishing an entity to conduct your ministry can provide some interesting tax advantages as well as giving you a solid platform from which to work. After you have thought through a Case Statement for your ministry, the next step is to consider which entity structure provides the most benefit for what you want to accomplish. The simplest way to organize your ministry is to set up an Operating Project
The IRA Rollover Thanks to a smart new law, if you’re at least 70 1⁄2 you have the freedom to make tax-free distributions from your IRA directly to charity. So, if you are taking IRA distributions you don’t need or that force you into a higher tax bracket, you now have a surprisingly easy solution. This new giving advantage works for transfers up to $100,000. The new Path Act made the IRA rollover permanent and provides that individuals over 70 1⁄2 can transfer money directly