Articles & Online Resources from the "Appendices" of
Integrated Generosity for Faith Based Families
Integrated Generosity for Faith Based Families
Chapter Endnote Reference Links
Chapter 3 Endnotes
(1) Gifts during lifetime reduce current taxable income by 28%, and reduce the size of a taxable estate, eliminating 40% estate tax, total 68%. Gifts made at the highest possible marginal tax bracket (39.6%), the total grows to an “IRS subsidy” of 79.6%. For gifts made by California taxpayers (adding the highest CA marginal tax rate of 13.2%), the total “tax subsidy” grows to 92.8%.
(2) www.givingpledge.org/
(3) www.giantsforgod.com
Chapter 4
(1) Tax Policy Center, Distribution of Estate Tax 2001–2013, http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=51&Topic2id=60
(2) Pew Research Center on Religion and Public Life, 2014 Religious Landscape Study, http://www.pewforum.org/2015/05/12/americas-changing-religious-landscape/
(3) National Christian Foundation, How it all began: A conversation with NCF’s founders https://www.nationalchristian.com/about
Chapter 5
(1) Stephen King and Giving, Randy Alcorn, Eternal Perspective Ministries, http://www.epm.org/static/uploads/downloads/stephen-king-giving-handout.pdf
Chapter 6
(1) The Bank of America Study of High Net Worth Philanthropy 2012, http://newsroom.bankofamerica.com/press-release/global-wealth-and-investment-management/2012-bank-america-study-high-net-worth-philant
(2) 2014 US Trust Study of High Net Worth Philanthropy, http://www.ustrust.com/publish/content/application/pdf/GWMOL/USTp_ARNTCJF5_2015-11_v1.pdf
(3) Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934).
(4) Commissioner v. Newman, 159 F.2d 848, 851 (2d Cir. 1947).
(5) New York Times “More Money into Bad Suits,” Paul H. Rubin, November 16, 2010. http://www.nytimes.com/roomfordebate/2010/11/15/investing-in-someone-elses-lawsuit/more-money-into-bad-suits
(6) Worth Magazine, July 2007, “Untapped Potential—Most affluent families own life insurance, but many fail to leverage its full investment capacity,” Michael J. Brink and Thomas R. Love.
(7) Gospel Patrons, John Rinehart, CreateSpace Independent Publishing Platform (March 11, 2014).
Chapter 9
(1) Forbes 400—The List, http://www.forbes.com/forbes-400/
Chapter 12 - Good Planning Gone Bad?
(1) Wealth Management, Conrad Tietel, 6–5-2012, “Charitable Lead Trusts: Jackie O, Recent Final Regulations and an Interesting Letter Ruling,” http://wealthmanagement.com/blog/charitable-lead-trusts-jackie-o-recent-final-regulations-and-interesting-letter-ruling
(2) New York Times, David Cay Johnston, 12–21–1996“Mrs. Onassis’s Estate Worth Less Than Estimated” http://www.nytimes.com/1996/12/21/nyregion/mrs-onassis-s-estate-worth-less-than-estimated.html (3) Bloomberg Business, “How Wal-Mart’s Waltons Maintain Their Billionaire Fortune: Taxes,” Zachary Mider, 9–11–2013, www.bloomberg.com/news/articles/2013–09–12/how-wal-mart-s-waltons-maintain-their-billionaire-fortune-taxes
(4) Forbes Magazine, “How the $1 Billion Kennedy Family Fortune Defies Death And Taxes,” Carl O’Donnell, 7–8-2014, http://www.forbes.com/sites/carlodonnell/2014/07/08/how-the-1-billion-kennedy-family-fortune-defies-death-and-taxes-3/
(5) “The Will of John F. Kennedy, Jr.,” www.doyourownwill.com/famous-will-of/jfk-jr.html
(6) New York Post, “From Uncle John With Love ; Caroline’s Kids Are Tops In JFK Jr. Will.” Dareh Gregorian, 9–25–1999, http://nypost.com/1999/09/25/from-uncle-john-with-love-carolines-kids-are-tops-in-jfk-jr-will/
Chapter 13 - American Dynasties: Robbie, Walton, and Romney
(1) Orlando Sentinel,“Robbies to Sell Dolphins,” Eric Conrad and Greg Barnes, 6–16–93, http://articles.orlandosentinel.com/1993–06–16/sports/9306160157_1_dolphins-nelson-peltz-joe-robbie
(2) Financial Planning Magazine, March 1994.
(3) Forbes “Steinbrenner goes out a Real Winner, Danielle and Andrew Mayoras,” 7–20–2010, http://www.forbes.com/2010/07/20/yankees-estate-tax-intelligent-investing-steinbrenner.html
(4) Forbes “Team Valuations,” March 2015, http://www.forbes.com/teams/new-york-yankees/
(5) Bantam Books, “Sam Walton: Made In America” June 1, 1993
(6) Bloomberg Business, “How Wal-Mart’s Waltons Maintain Their Billionaire Fortune: Taxes,” Zachary Mider, 9–11–2013, www.bloomberg.com/news/articles/2013–09–12/how-wal-mart-s-waltons-maintain-their-billionaire-fortune-taxes
(7) Forbes, “Report:Walmart’s Billionaire Waltons Give Almost None Of Own Cash To Foundation,” Clare O’Connor, 6–3-2014, www.forbes.com/sites/clareoconnor/2014/06/03/report-walmarts-billionaire-waltons-give-almost-none-of-own-cash-to-family-foundation/
(8) Wikipedia, “Sam Walton Biography,” https://en.wikipedia.org/wiki/Sam_Walton
(9) Washington Post, “Mitt Romney’s 2010 tax return,” www.washingtonpost.com/wp-srv/politics/documents/romney-2010-tax-return.html
(10) Forbes, “What Mitt Romney Is Really Worth: An Exclusive Analysis Of His Latest Finances,” Edwin Durgy, 5–16–2012, http://www.forbes.com/sites/edwindurgy/2012/05/16/what-mitt-romney-is-really-worth/
(11) CNN Money, “The Romney Kids 100M Trust Fund,” Blake Ellis, 2–6-2012, http://money.cnn.com/2012/02/06/pf/romney_kids_trust/index.htm
Chapter 14 - Leaving Everything to Charity - Methods, Motives and Opportunities
(1) Generous Giving 2015 Celebration, David Wills Presentation “Planning and Progeny,” http://generousgiving.org/media/videos/david-wills
(2) Los Angeles Times, “Malcolm Forbes’ Lesson on Estate Taxes,” James Flanigan, 3–4-1990: http://articles.latimes.com/1990–03–04/business/fi-2867_1_estate-tax
(3) Vanity Fair, “Inside the Family Battle for the Newman’s Own Brand Name,” Mark Seal, August 2015, http://www.vanityfair.com/news/2015/07/paul-newmans-own-family-feud-susan-newman
(4) R. G. LeTourneau, “Movers of Mountains and Men,” Moody Publishers
(5) Barna Group, “American Donor Trends,” 4–12–2013, https://www.barna.org/barna-update/culture/606-american-donor-trends#.VcrQMfluPL8
(6) Barna Group study, “The State of Mainline Protestant Churches,” 12–7-2009, https://www.barna.org/leadership-articles/323-report-examines-the-state-of-mainline-protestant-churches
(7) National Christian Foundation website, The Family Business / The Barnhart’s business gift, https://www.nationalchristian.com/1894
(8) The Giving Pledge, http://givingpledge.org/
(9) Huffington Post, “More Billionaires Agree To Give Away At Least Half Their Wealth To Charity,” Robbie Couch, 6–3-2015, http://www.huffingtonpost.com/2015/06/03/giving-pledge-bill-gates_n_7504142.html
(10) Giants for God, www.giantsforgod.com
Chapter 15 - Planning & Progeny
VIDEO - Planning & Progeny - David Wills Presentation at the 2015 Generous Giving Celebration; http://generousgiving.org/media/videos/david-wills
Chapter 16 - Doing Good Better
Chapter 17 - Inspiring Generosity for God’s Kingdom
"Generous Giving" videos referenced (all of the videos at the website mey be accessed at:
http://generousgiving.org/media/all-videos
Chapter 18 - The Profitable Charity—Accelerating Impact and Growing Revenue through Ministry Enterprise
(1) http://www.dailymail.co.uk/news/article-2092425/Haiti-earthquake-How-donated-billions-INCREASED-poverty-corruption.html
(2) The Four Lenses Strategic Framework, Nonprofit with Income-Generating Activities, http://www.41enses.org/setypology/iga (last visited July 18, 2013).
(3) Suzanne Perry, The Stubborn 2% Giving Rate: Even as More Fundraisers Seek Donations, Americans Don’t Dig Deeper, The Chronicle of Philanthropy (June 17, 2013), http://philanthropy.com/article/The-Stubborn-2-Giving-Rate/139811/. The number six years earlier was 2.2% six years earlier, and 2.3% five years before that. That’s a .3% shift in eleven years.
(4) Lucy Bernholz publishes a forecast for the social sector every year, and her forecast for 2012 anticipated philanthropic giving to remain as stagnant as it had in previous years. Well . . . she was right.
(5) Fry, Richard, “This year Millenials will overtake Baby Boomers,” Pew Research Center (January 16, 2015), http://www.pewresearch.org/fact-tank/2015/01/16/this- year-millennials-will-overtake-baby-boomers/.
(6) http://online.barrons.com/article/SB50001424052748703889404578440972842742076.html#articleTabs_article%3D1. 1/16/2014
(7) Research Area: Nonprofit Sector, The Urban Institute, http://www.urban.org/nonprofits/more.cfm (last visited July 22, 2013).
(8) Katie L. Roeger, et al., The Nonprofit Almanac 2012 (2012), highlights available at http://www.urban.org/books/nonprofit-almanac-2012/index.cfm. In 2012, 2.6 million nonprofits were estimated to exist in the United States.
(9) http://www.pewresearch.org/daily-number/the-millennial-count/. 1/16/2014
(10) https://www.barna.org/barna-update/millennials/612-three-spiritual-journeys-of-millennials.html#.Vond9RUrKUk 1/16/2014
(11) http://www.morganstanley.com/sustainableinvesting/pdf/Sustainable_Signals.pdf
(12) For a more detailed discussion of metrics in the nonprofit sector, see Appendices
(13) http://www.bcorporation.net. 1/10/14
(14) http://www.relevantmagazine.com/reject-apathy/11-cool-products-are-making-difference
(15) http://www.huffingtonpost.com/brady-josephson/why-amazon-is-smiling-and_b_4360405.html, Why Amazon Is Smiling and Charities May Be Losing, Brady Josephson
(16) http://economix.blogs.nytimes.com/2013/08/20/the-future-of-the-charitable-deduction/?_r=0, The Future of the Charitable Deduction
(17) Senate Hearing Produces Sharp Opinions About Future of Tax Breaks for Charitable Gifts, Suzanne Perry, http://philanthropy.com/article/A-Capitol-Hill-Debate-on-the/129461
Chapter 19 - The Gospel of the Kingdom: A Kingdom Perspective on Generosity
Chapter 20 - Profiles in Generosity – Giants for God
(1) Gifts during lifetime reduce current taxable income by 28%, and reduce the size of a taxable estate, eliminating 40% estate tax, total 68%. Gifts made at the highest possible marginal tax bracket (39.6%), the total grows to an “IRS subsidy” of 79.6%. For gifts made by California taxpayers (adding the highest CA marginal tax rate of 13.2%), the total “tax subsidy” grows to 92.8%.
(2) www.givingpledge.org/
(3) www.giantsforgod.com
Chapter 4
(1) Tax Policy Center, Distribution of Estate Tax 2001–2013, http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=51&Topic2id=60
(2) Pew Research Center on Religion and Public Life, 2014 Religious Landscape Study, http://www.pewforum.org/2015/05/12/americas-changing-religious-landscape/
(3) National Christian Foundation, How it all began: A conversation with NCF’s founders https://www.nationalchristian.com/about
Chapter 5
(1) Stephen King and Giving, Randy Alcorn, Eternal Perspective Ministries, http://www.epm.org/static/uploads/downloads/stephen-king-giving-handout.pdf
Chapter 6
(1) The Bank of America Study of High Net Worth Philanthropy 2012, http://newsroom.bankofamerica.com/press-release/global-wealth-and-investment-management/2012-bank-america-study-high-net-worth-philant
(2) 2014 US Trust Study of High Net Worth Philanthropy, http://www.ustrust.com/publish/content/application/pdf/GWMOL/USTp_ARNTCJF5_2015-11_v1.pdf
(3) Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934).
(4) Commissioner v. Newman, 159 F.2d 848, 851 (2d Cir. 1947).
(5) New York Times “More Money into Bad Suits,” Paul H. Rubin, November 16, 2010. http://www.nytimes.com/roomfordebate/2010/11/15/investing-in-someone-elses-lawsuit/more-money-into-bad-suits
(6) Worth Magazine, July 2007, “Untapped Potential—Most affluent families own life insurance, but many fail to leverage its full investment capacity,” Michael J. Brink and Thomas R. Love.
(7) Gospel Patrons, John Rinehart, CreateSpace Independent Publishing Platform (March 11, 2014).
Chapter 9
(1) Forbes 400—The List, http://www.forbes.com/forbes-400/
Chapter 12 - Good Planning Gone Bad?
(1) Wealth Management, Conrad Tietel, 6–5-2012, “Charitable Lead Trusts: Jackie O, Recent Final Regulations and an Interesting Letter Ruling,” http://wealthmanagement.com/blog/charitable-lead-trusts-jackie-o-recent-final-regulations-and-interesting-letter-ruling
(2) New York Times, David Cay Johnston, 12–21–1996“Mrs. Onassis’s Estate Worth Less Than Estimated” http://www.nytimes.com/1996/12/21/nyregion/mrs-onassis-s-estate-worth-less-than-estimated.html (3) Bloomberg Business, “How Wal-Mart’s Waltons Maintain Their Billionaire Fortune: Taxes,” Zachary Mider, 9–11–2013, www.bloomberg.com/news/articles/2013–09–12/how-wal-mart-s-waltons-maintain-their-billionaire-fortune-taxes
(4) Forbes Magazine, “How the $1 Billion Kennedy Family Fortune Defies Death And Taxes,” Carl O’Donnell, 7–8-2014, http://www.forbes.com/sites/carlodonnell/2014/07/08/how-the-1-billion-kennedy-family-fortune-defies-death-and-taxes-3/
(5) “The Will of John F. Kennedy, Jr.,” www.doyourownwill.com/famous-will-of/jfk-jr.html
(6) New York Post, “From Uncle John With Love ; Caroline’s Kids Are Tops In JFK Jr. Will.” Dareh Gregorian, 9–25–1999, http://nypost.com/1999/09/25/from-uncle-john-with-love-carolines-kids-are-tops-in-jfk-jr-will/
Chapter 13 - American Dynasties: Robbie, Walton, and Romney
(1) Orlando Sentinel,“Robbies to Sell Dolphins,” Eric Conrad and Greg Barnes, 6–16–93, http://articles.orlandosentinel.com/1993–06–16/sports/9306160157_1_dolphins-nelson-peltz-joe-robbie
(2) Financial Planning Magazine, March 1994.
(3) Forbes “Steinbrenner goes out a Real Winner, Danielle and Andrew Mayoras,” 7–20–2010, http://www.forbes.com/2010/07/20/yankees-estate-tax-intelligent-investing-steinbrenner.html
(4) Forbes “Team Valuations,” March 2015, http://www.forbes.com/teams/new-york-yankees/
(5) Bantam Books, “Sam Walton: Made In America” June 1, 1993
(6) Bloomberg Business, “How Wal-Mart’s Waltons Maintain Their Billionaire Fortune: Taxes,” Zachary Mider, 9–11–2013, www.bloomberg.com/news/articles/2013–09–12/how-wal-mart-s-waltons-maintain-their-billionaire-fortune-taxes
(7) Forbes, “Report:Walmart’s Billionaire Waltons Give Almost None Of Own Cash To Foundation,” Clare O’Connor, 6–3-2014, www.forbes.com/sites/clareoconnor/2014/06/03/report-walmarts-billionaire-waltons-give-almost-none-of-own-cash-to-family-foundation/
(8) Wikipedia, “Sam Walton Biography,” https://en.wikipedia.org/wiki/Sam_Walton
(9) Washington Post, “Mitt Romney’s 2010 tax return,” www.washingtonpost.com/wp-srv/politics/documents/romney-2010-tax-return.html
(10) Forbes, “What Mitt Romney Is Really Worth: An Exclusive Analysis Of His Latest Finances,” Edwin Durgy, 5–16–2012, http://www.forbes.com/sites/edwindurgy/2012/05/16/what-mitt-romney-is-really-worth/
(11) CNN Money, “The Romney Kids 100M Trust Fund,” Blake Ellis, 2–6-2012, http://money.cnn.com/2012/02/06/pf/romney_kids_trust/index.htm
Chapter 14 - Leaving Everything to Charity - Methods, Motives and Opportunities
(1) Generous Giving 2015 Celebration, David Wills Presentation “Planning and Progeny,” http://generousgiving.org/media/videos/david-wills
(2) Los Angeles Times, “Malcolm Forbes’ Lesson on Estate Taxes,” James Flanigan, 3–4-1990: http://articles.latimes.com/1990–03–04/business/fi-2867_1_estate-tax
(3) Vanity Fair, “Inside the Family Battle for the Newman’s Own Brand Name,” Mark Seal, August 2015, http://www.vanityfair.com/news/2015/07/paul-newmans-own-family-feud-susan-newman
(4) R. G. LeTourneau, “Movers of Mountains and Men,” Moody Publishers
(5) Barna Group, “American Donor Trends,” 4–12–2013, https://www.barna.org/barna-update/culture/606-american-donor-trends#.VcrQMfluPL8
(6) Barna Group study, “The State of Mainline Protestant Churches,” 12–7-2009, https://www.barna.org/leadership-articles/323-report-examines-the-state-of-mainline-protestant-churches
(7) National Christian Foundation website, The Family Business / The Barnhart’s business gift, https://www.nationalchristian.com/1894
(8) The Giving Pledge, http://givingpledge.org/
(9) Huffington Post, “More Billionaires Agree To Give Away At Least Half Their Wealth To Charity,” Robbie Couch, 6–3-2015, http://www.huffingtonpost.com/2015/06/03/giving-pledge-bill-gates_n_7504142.html
(10) Giants for God, www.giantsforgod.com
Chapter 15 - Planning & Progeny
VIDEO - Planning & Progeny - David Wills Presentation at the 2015 Generous Giving Celebration; http://generousgiving.org/media/videos/david-wills
Chapter 16 - Doing Good Better
- Steve Kaloper, Development Services Group
- http://developmentservicesgroup.com
Chapter 17 - Inspiring Generosity for God’s Kingdom
- Todd Harper, Generous Giving
- www.generousgiving.org
"Generous Giving" videos referenced (all of the videos at the website mey be accessed at:
http://generousgiving.org/media/all-videos
- Alan Barnhart “God Owns our Business”: http://generousgiving.org/media/videos/alan-barnhart-god-owns-our-business
- Renée Lockey—Work Like a Doctor, Live Like a Nurse: http://generousgiving.org/media/videos/renee-lockey-work-like-a-doctor-live-like-a-nurse
- Graham Smith—Living with Intention: http://generousgiving.org/media/videos/graham-smith-living-with-intention
- Tom and Brea Hsieh--Into the Neighborhood: http://generousgiving.org/media/videos/tom-and-bree-hsieh-into-the-neighborhood
Chapter 18 - The Profitable Charity—Accelerating Impact and Growing Revenue through Ministry Enterprise
- Aimee Minnich, co-founder of the Impact Investing Foundation
- You may read the rest of The Profitable Charity by going to http://impactfoundation.org/the-profitable-charity-book/
(1) http://www.dailymail.co.uk/news/article-2092425/Haiti-earthquake-How-donated-billions-INCREASED-poverty-corruption.html
(2) The Four Lenses Strategic Framework, Nonprofit with Income-Generating Activities, http://www.41enses.org/setypology/iga (last visited July 18, 2013).
(3) Suzanne Perry, The Stubborn 2% Giving Rate: Even as More Fundraisers Seek Donations, Americans Don’t Dig Deeper, The Chronicle of Philanthropy (June 17, 2013), http://philanthropy.com/article/The-Stubborn-2-Giving-Rate/139811/. The number six years earlier was 2.2% six years earlier, and 2.3% five years before that. That’s a .3% shift in eleven years.
(4) Lucy Bernholz publishes a forecast for the social sector every year, and her forecast for 2012 anticipated philanthropic giving to remain as stagnant as it had in previous years. Well . . . she was right.
(5) Fry, Richard, “This year Millenials will overtake Baby Boomers,” Pew Research Center (January 16, 2015), http://www.pewresearch.org/fact-tank/2015/01/16/this- year-millennials-will-overtake-baby-boomers/.
(6) http://online.barrons.com/article/SB50001424052748703889404578440972842742076.html#articleTabs_article%3D1. 1/16/2014
(7) Research Area: Nonprofit Sector, The Urban Institute, http://www.urban.org/nonprofits/more.cfm (last visited July 22, 2013).
(8) Katie L. Roeger, et al., The Nonprofit Almanac 2012 (2012), highlights available at http://www.urban.org/books/nonprofit-almanac-2012/index.cfm. In 2012, 2.6 million nonprofits were estimated to exist in the United States.
(9) http://www.pewresearch.org/daily-number/the-millennial-count/. 1/16/2014
(10) https://www.barna.org/barna-update/millennials/612-three-spiritual-journeys-of-millennials.html#.Vond9RUrKUk 1/16/2014
(11) http://www.morganstanley.com/sustainableinvesting/pdf/Sustainable_Signals.pdf
(12) For a more detailed discussion of metrics in the nonprofit sector, see Appendices
(13) http://www.bcorporation.net. 1/10/14
(14) http://www.relevantmagazine.com/reject-apathy/11-cool-products-are-making-difference
(15) http://www.huffingtonpost.com/brady-josephson/why-amazon-is-smiling-and_b_4360405.html, Why Amazon Is Smiling and Charities May Be Losing, Brady Josephson
(16) http://economix.blogs.nytimes.com/2013/08/20/the-future-of-the-charitable-deduction/?_r=0, The Future of the Charitable Deduction
(17) Senate Hearing Produces Sharp Opinions About Future of Tax Breaks for Charitable Gifts, Suzanne Perry, http://philanthropy.com/article/A-Capitol-Hill-Debate-on-the/129461
Chapter 19 - The Gospel of the Kingdom: A Kingdom Perspective on Generosity
- Interview with Bob Shank, The Master's Program
- http://www.mastersprogram.org/
Chapter 20 - Profiles in Generosity – Giants for God
- Giants for God" Website: www.giantsforgod.com
