Stewardship Handbook, Volume I, Table of Contents
C H A P T E R 115
A HOLISTIC VIEW OF BIBLICAL STEWARDSHIP15
Learning Objectives15
Importance of Theological Reflection16
Witnessing Through Our Actions17
Witnessing Through Our Fundraising Practices19
Theological Considerations20
Stewardship: The “Big Picture”20
Your Donors’ Spiritual Health22
Deciding How Much to Give23
God’s Ability to Provide25
The Fundraiser’s Role26
Asking for Donations27
Management’s Role29
Application Questions30
Application Activities30
Additional Recommended Reading30
References Used in Writing this Chapter31
Endnotes33
C H A P T E R 235
THE DEVELOPMENT PROGRAM – AN EXTENSION OF BIBLICAL STEWARDSHIP35
Learning Objectives35
Stewardship or Fundraising?35
Secular Fundraising37
Christian Fundraising38
Terminology40
Fundraising Designations40
Types of Fundraising Departments41
Development42
Checking the Suitability of a Development Activity43
Using Development Activities to Assist Stewardship44
Cautions45
Evaluation45
Application Questions46
Application Activities46
Additional Recommended Reading47
References Used in Writing this Chapter47
Other Resources48
Endnotes48
C H A P T E R 349
ADMINISTERING A STEWARDSHIP and DEVELOPMENT PROGRAM49
Learning Objectives49
Integrating Stewardship, Development, and Fundraising50
Benefits of an Integrated Approach51
Organization52
Strategy52
Special Considerations53
Staffing53
Budgeting54
Funding56
Marketing56
Setting Goals57
Solo Fundraisers59
Becoming Donor Focused60
Aligning with Allied Professionals61
Application Activities63
References Used in Writing this Chapter63
Other Resources65
Endnotes65
C H A P T E R 467
Introduction to regulation of charitable gifts and cRa fundraising policy67
Learning Objectives67
Charitable Activities and the Use of Gifts and Resources68
Transfers to Qualified Donees68
Donor Gifts to Charity68
Gifts Must be Voluntary69
Gifts Must be Property69
Gifts Require a Financial Sacrifice70
Private Benevolence70
Receipting Gifts70
Content of Receipts70
Penalties Related to Receipting73
Split Receipting Rules74
De Minimus Threshold and Split Receipting75
The Tax Value of a Gift to the Donor: Tax Credit or Deduction?75
Timely Use of Gifts: The Disbursement Quota75
Application Questions76
Canada Revenue Agency's Fundraising Policy76
Fundraising or Charitable Activity?77
What is Fundraising?77
Unacceptable Fundraising78
An “Identifiable Use or Need”79
Allocation of Fundraising Expenditures79
Reporting Fundraising Revenues and Expenditures84
The Evaluation Grid84
Provincial Regulations85
Application Activities86
Additional Recommended Reading89
Other Resources89
CRA Resources (Links)89
Endnotes90
C H A P T E R 593
“Must-Have” Stewardship Policies93
Learning Objectives93
The Gift Acceptance and Valuation Policy94
Guidance94
Structure94
Protection94
Key Elements94
Immediate (Outright) Gifts96
Future (Deferred) Gifts97
Other Documents and Policy Provisions96
Ethical Policies102
Personal Stewardship Code of Ethics103
Ethical Duties Concerning Securities and Investments104
Recommending Specific Fixed Instruments105
Ethical Fundraising and Financial Accountability Code (“Stewardship Policy”)107
The Investment Policy108
The Process108
Prudent Investor Rule109
Investment Options111
Ethical Investments115
Application Questions116
Application Activities117
Additional Recommended Reading118
References Used in Writing this Chapter118
Other Resources118
CRA Resources (Links)119
Endnotes119
C H A P T E R 6121
Charitable gift planning in canada121
Learning Objectives121
types of planned gifts122
Tax Treatment of Charitable Gifts122
Tax Treatment of Inter-Vivos Charitable Gifts122
After-Tax Treatment123
Tax Treatment of Testamentary Charitable Gifts124
Gifts of Life Insurance127
General Background127
Underwriting and Insurability to Qualify for Life Insurance128
Designating a Beneficiary to a Life Insurance Policy130
Common Types of Life Insurance130
Life Insurance End Date132
Gifting Life Insurance Policies to Charities132
Charitable Giving Strategies using Life Insurance133
CRA Rules for Determining the Value of an “In-force” Insurance Policy136
Benefits and Concerns/Considerations137
Gifts of Registered Retirement Funds139
General Background139
RRSP Limits and Restrictions140
RRSP End Date141
The Effect of Death142
Gifts of RRSP/RRIF to Charities142
Caution When Choosing Beneficiaries143
Cautions for Gift Planning Consultants144
Tax-Free Savings Account145
Successor Holder and Designated Beneficiary146
Gifts of Annuities147
General Background147
Immediate Annuities147
Payment Options149
Deferred Annuities149
Charitable Gift Annuities (CGA)150
Benefits and Concerns/Considerations153
Gifts of Real Estate155
“Property” Terminology155
Real Property156
Real Estate Terminology158
Ways of Holding Title159
Special Considerations160
Gifts of Real Estate to Charities161
Benefits and Concerns/Considerations162
Due Diligence163
Exercising Caution163
Application Questions164
Application Activities165
References Used in Writing this Chapter165
Other Resources166
CRA Resources (Links)167
Endnotes167
C H A P T E R 7171
Trusts, powers of attorney, wills, and estates171
Learning Objectives171
Trusts171
Definition of a Trust172
The Trust Document173
Types of Trusts176
The Doctrine of Cy-près177
Powers of Attorney178
General (or Continuing) Power of Attorney178
Effect on Third Parties179
Capacity to Make a Power of Attorney180
Limits on Delegation of Authority by a Power of Attorney180
Termination of a Power of Attorney181
Power of Attorney for Personal Care181
Wills182
The Relevant Parties in a Will183
Duties of the Personal Representative183
Capacity to Execute a Valid Will184
Types of Wills185
Codicil186
Probate186
Provision for Dependents188
Intestate Succession188
Distribution in Accordance with the Will189
The Rule Against Perpetuities189
Revoking a Will189
Gifts to Charities190
Application Questions191
References Used in Writing this Chapter192
Endnotes192
C H A P T E R 8195
Charitable Bequest Program195
Learning Objectives195
Bequest Types and Sample Will Clauses197
The Process of Setting Up a Charitable Bequest Program200
Board Approval200
Identification and Profiling200
Marketing201
Expectancy201
Documentation202
Estate Administration202
Bequest Advisory Committee203
Application Questions204
Application Activities205
References Used in Writing this Chapter205
Other Resources206
Endnotes206
C H A P T E R 9207
CAPITAL CAMPAIGNS207
Learning Objectives207
Pre-Campaign Decisions and Assessments208
Consultants208
Choosing When to Commence a Capital Campaign210
Permission to Accumulate Funds212
Campaign Steering Committee213
The Case Statement213
Pre-Campaign Internal Assessment217
The Development Study220
Campaign Recruiting, Planning, and Development222
Recruiting the Campaign Chair and Other Volunteers222
The Campaign Executive Committee223
Developing a Campaign Plan225
Training Leaders and Volunteers Prior to Commencing Gift Solicitation226
Division of Responsibilities in Gift Solicitation228
Soliciting Gifts230
Follow-up After a Capital Campaign232
Application Questions232
Application Activities232
Additional Recommended Reading233
References Used in Writing this Chapter233
CRA Resources (Links)234
Endnotes234
A p p e n d i c e s237
Appendix A - Fundraising Grid239
Appendix B - Professional Development for Charitable Gift Planners or Stewardship Leaders241
Appendix C - Stewardship and Development Director, Ministry Description249
Appendix D – CREATING A Donor Restricted Gift Policy253
Appendix E – SAMPLE Ethical Fundraising and Financial Accountability Code255
Appendix F - Fundraising Dinners & Charities259
Appendix G - Gift Acceptance and Valuation Policy265
Appendix H - Investment Policy275
Appendix I - Gifts of Real Estate281
Appendix J - Enhanced Incentive for Donating Publicly Listed Securities (Shares)289
Appendix K - CCCC Position Paper, Pursuit of Integrity - Annuities291
