You’ve undoubtedly heard the question, “What’s in your wallet?” It’s been asked by celebrities like Kermit the Frog, Samuel Jackson, Jennifer Garner, Charles Barkley, and others in a series of credit card commercials.

Knowing what’s in your wallet can give you a boost of confidence…or create anxiety. What’s in your wallet represents a level of financial security, purchasing power, and prosperity. It also reflects how most of us give—from the cash we carry or what’s in the bank.

What if you could give from what’s not in your wallet? What if you could have an impact through non-cash donations or other assets?

Wayne Taylor, a good friend of Global Disciples from Ohio, offers his perspective:

I like to say, “Do your giving while you’re living so you’re knowing where it’s going.” And over the years, I have been blessed multiple times by gifting my assets directly to a church or a mission organization like Global Disciples. The monetary investment is maximized, with no taxes deducted and I received a large tax deduction to apply to current or future income.

It’s simple. Rather than selling an asset like real estate, stocks, art, collectors’ items, grain, or other commodities and paying up to 30% in taxes on the appreciated gain of the asset, gift it directly to Global Disciples. This can be done through your financial advisor or Global Disciples can connect you with one of their trusted advisors (at no cost to you). Global Disciples then receives the full value of your gift with no taxes withheld. Plus, you receive the tax deduction on the full value of your gifted assets. 

Paul tells Timothy, his young disciple-multiplier, “Tell them to go after God. He is the one that piles on all the riches we could imagine—to do good, to be rich in helping others, to be extravagantly generous. If they do that, they will build a treasury that will last, gaining life that is truly life” (1 Timothy 6, The Message). As Christ-followers, we need to determine how to make the most of our giving opportunities. We also determine that our confidence or security does not come from our cash or non-cash assets. 

We are so grateful for people like Wayne and others who love to invest in our mission by giving outside the wallet. In the past six months, over $350,000 in non-cash and legacy giving helped Global Disciples stay on or ahead of budget and made it possible to keep up with training requests from churches and disciple-makers around the world.

As you plan your budget and giving for this year, ask your financial advisor about giving outside the wallet. Or contact our Partner Relations Team for a referral, resources, or help with basic questions about non-cash giving. And thank you for including Global Disciples in your Kingdom giving.

 –Jerry Meadows, VP for US Partner Relations, with Wayne Taylor, mission advocate, real estate investor/developer

You’ll find more information here or contact us directly and ask for your local Partner Relations associate.