2023 Q4
Impact Report
inspiring revolutionary biblical generosity
Grants
Total grants since 2018: $2.4B
Contributions
Total contributions since 2018: $4.5B
New funds opened
this quarter:
244
Funds opened
in 2023:
507
Total active
funds:
Over 3,100
New nonprofits supported
this quarter:
546
New nonprofits
supported in 2023
1,554
Nonprofit organizations
supported since founding:
14,298
Stories of Impact
TRENDING CAUSE: Fighting Human Trafficking
60 families provided over $500,000 in grants to support organizations working to rescue and restore victims of human trafficking, including Destiny Rescue in Fort Wayne, IN.
Image courtesy Destiny Rescue
TRENDING CAUSE: Foster Care
More than 300 grants were distributed to organizations that provide housing, care, and community for vulnerable children, including Joy Meadows in Linwood, KS.
Image courtesy Joy Meadows
TRENDING CAUSE: Education &
Career Development
150 schools and universities, including Lipscomb University (Nashville, TN), received more than $7 million in support of their commitment to providing life-changing education and opportunity.
Image courtesy Lipscomb University
Appreciated Stocks Fuel Gospel Ministry
Richard and Tara Baxter have always aimed to use their family dental practice to reflect the gospel. Once Richard authored a book based on his dental expertise, they realized they could use the additional income from the book to increase their generosity toward outreach ministries.
For a while, Richard sent income from the book directly to ministries the family cared about. “Whatever money came into that account,” Richard said, “I used to immediately send out as a check.” Then he realized there was a more tax-efficient way to share the benefits of the book: donating appreciated stock.
Instead of sending book revenue right to charity, now he uses the funds to purchase publicly traded stocks. He can then donate appreciated shares to a donor advised fund with The Signatry. When those donated stocks are liquidated within the fund, they are not subject to capital gains taxes.
“The donor advised fund has really saved us a lot of money on taxes,” he explained. “We want to be really intentional to give in the most tax-efficient way.”
Donating appreciated stock allowed the Baxter family to expand their generosity to a ministry dedicated to providing clean water and the hope of the gospel to unreached people around the world.
Being able to transform Richard’s medical expertise into added income that could flow into ministry was one step in the Baxters’ generosity journey. Multiplying that impact by donating stocks instead of cash drew the family even deeper into practicing generosity for God’s glory.
What resources—expertise, skills, financial assets, or more—has God given you to transform into amplified impact?
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About The Signatry
The Signatry seeks to inspire and facilitate revolutionary biblical generosity across generations. Through donor advised funds and other innovative tools and resources, families are empowered to live generously, modeling biblical values for future generations and making a greater impact for causes that align with their passions. Since 2018, The Signatry has facilitated sending over $2.4 billion to organizations around the world that are dedicated to solving the world’s greatest problems.