It’s About Time for a Donor-Advised Fund

Christian Medical & Dental Associations®

October 12, 2023
Stewardship DAF

4 Timely Considerations

 

More and more supporters give to CMDA through their donor-advised funds.

 

Like a “charitable giving account,” a donor-advised fund allows you to give cash, stock and other appreciated assets into a single online account. From there, you can recommend grant distributions to CMDA and the other causes close to your heart.

 

Why are donor-advised funds so popular? For many people, it’s all about time.

 

  1. Receive an immediate tax deduction at the time of your gift. Trying to beat the clock for end-of-the-year giving? As long as your gift is deposited by December 31, you can claim credit on this year’s taxes. Later, you can advise how to distribute the funds.

 

  1. Choose the timing of your distributions. Whenever you feel compelled to give, you can promptly direct funds to address real-time ministry needs.

 

  1. Save time-wasting hassles when giving stock, real estate, business interests or commodities. Your donor-advised fund administrator will handle the liquidation of appreciated assets that you’d like to convert into cash for ministry.

 

  1. Save time when giving to multiple ministries. Because you have a generous heart, we know you probably support other causes besides CMDA. Streamline your giving and record-keeping by gifting all cash, stock or other appreciated assets into a single account from which you’ll receive one charitable receipt.

 

Is it time for you to consider a donor-advised fund?

 

Through CMDA’s partnership with Barnabas Foundation, you have access to their Steward’s Fund, a donor-advised fund in line with your Christian values. To learn more, call Paul Montgomery at 423-844-1000 or email [email protected].

Christian Medical & Dental Associations®

About Christian Medical & Dental Associations®

The Christian Medical & Dental Associations® (CMDA) is made up of the Christian Medical Association (CMA) and the Christian Dental Association (CDA). CMDA provides resources, networking opportunities, education and a public voice for Christian healthcare professionals and students. Founded in 1931, CMDA provides programs and services supporting its mission to "change hearts in healthcare" with a current membership of over 13,000 healthcare professionals. CMDA promotes positions and addresses policies on healthcare issues; conducts overseas medical education and evangelism projects; coordinates a network of Christian healthcare professionals for fellowship and professional growth; sponsors student ministries in medical dental, PA, and other healthcare training schools; distributes educational and inspirational resources; hosts marriage and family conferences; provides developing world missionary healthcare professionals with continuing education resources; and conducts academic exchange programs overseas. By being the "hands of Jesus" to needy people, CMDA seeks to fulfill His Great Commandment (Matthew 22:39; 25:36) and His Great Commission (Matthew 28:19). The Christian Medical & Dental Associations® is a 501(c)3 and is governed by a Board of Trustees and House of Delegates. Policies of CMDA are interpreted and applied by the Board of Trustees, which also establishes the guidelines for the executive director and his staff. An elected House of Delegates assists the board with recommendations on courses of action. The House of Delegates is composed of graduate, student, resident and missionary members who are elected for three-year terms by district and meets annually at the CMDA National Convention. Approximately 75 employees currently make up the staff of CMDA in the national office and U.S. field offices.