Creative Generosity Now
When you desire to increase your generosity, consider “the other 90%” – your non-cash assets.
Your Other 90%
Scientists tell us that only about 10% of an iceberg is visible above the water’s surface. The great mass – some 90% of the iceberg is below the surface and hidden from view. Similarly, the Christian steward’s assets (or estate) are often approximately 10% in cash (liquid assets) and the remaining 90% in non-cash, non-liquid assets.
For generous stewards, this can be highly frustrating. “I’d really like to give more – but I just don’t have any more cash money…” Regardless of income, nearly everyone reaches the point of – “I can’t give away any more cash.”
Are there options for the giver who has reached their personal “cash limit?” Yes! For many, “the other 90%” of their financial assets holds the key to giving to their heart’s desire.
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As a general rule – if an asset has an ascertainable value and is commonly bought and sold, it may be possible to use it to fulfill your generosity desires. However, some assets have complicated tax and ownership rules that make their use as a charitable gift less desirable or even prohibited.