Many business owners sign agreements to sell their business before discovering how to leverage that transaction for a greater charitable impact. Fortunately, Dennis was one we reached before it was too late. Dennis was in early discussions of selling his machine tooling business when I learned that none of his advisors had discussed with him donor advised funds. The result ...
My friend Jay is a visionary who sees opportunities where others see waste. Being a creative entrepreneur, Jay realized that a lot of businesses, especially retail-oriented ones throw out discontinued or dated inventory that still has value if placed in the right hands. That birthed Agape Inventory Donation. Jay has partnered with many businesses who have inventory that would have ...
Years ago, my friend, Mark, with wise counsel, donated 20% of his stock in his family business to a donor advised fund. This action resulted in a significant tax refund that he used to fund God’s work! Furthermore, every year when his company distributed profits, his donor advised fund would receive 20% of the dividends tax-free to give to charity! ...
If you’ve been in a coffee shop recently, you’ve likely been prompted to choose a tip amount even before receiving any coffee. It can become easy to tip out of guilt when the interested party stands over you. Guilt can be a form of bondage, causing a person to do something begrudgingly, rather than out of a grateful spirit. God ...
My friend Jay is a visionary who sees opportunities where others see waste. Being a creative entrepreneur, Jay realized that a lot of businesses, especially retail-oriented ones throw out discontinued or dated inventory that still has value if placed in the right hands. That birthed Agape Inventory Donation. Jay has partnered with many businesses who have inventory that would have ...
My grandfather was a great auto mechanic, but not nearly as effective as a business owner. On many weekends he would repair the car of a single mom or someone down on their luck at no charge. One day, however, I was surprised when he installed a new carburetor on a man’s car known to be a millionaire. “Grandpa,” I ...
Equipping Others to Do Work Differently
