Ministry - ELHM Ministries- How you can Help? -Financial Support

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How Can I Help?

FINANCIAL SUPPORT

(To Make a Donation ...click here )

No ministry can exist without financial support. Because ELHM is growing larger every year, we are in need of on-going support, such as monthly commitments. Donors may give one-time, monthly, or any way they desire. Gifts may be designated for Bibles, personal support for a staff member, shipping cost, rent, or general operation of the ministry.

Although we all have different things we like to designate our gifts for, and these are always welcome, without sufficient operation funds, the ministry would not exist. Nothing else could be done.

All designated gifts are spent 100% on the project it is given for. The only exception can be found under gifts to the 50,000 Club
If funds are given for a special project and all needs have been met, the extra funds will be used in a related project.

On-going Projects For Which
Designated Gifts Are Received

BIBLES

ELHM has an on-going grant that allows us to purchase Bibles at $1.25 each and book-size New Testaments at $.44 cents each. These are only available for free distribution overseas and are only in English and Spanish.

STAFF SUPPORT

At present, the only person raising personal support is Edwin Hodges. However, it is our desire to hire four additional staff members. Monthly gifts for personal support will allow us to hire this additional help. We do not have sufficient income to hire anyone. It is therefore our policy that each staff member raise their own personal support.
Additional staff are desperately needed to work in the areas of administration, receiving and shipping, recruitment, training and supervision of volunteers and fund-raising.

SHIPPING

Many people have begun to designate their gifts for shipping. This has allowed us to do far more than we ever dreamed possible. We are now sending large 20' and 40' containers. This is of course a very effective way to ship.

The suggested donation is $1.00 per pound for donated literature. We request that those who donate the literature assist in the shipping cost. This will help get the material overseas in a timelier manner.

In May 2007, the United States Postal Service deleted the "Surface Rate." What this means is that we can no longer ship packages of literature overseas unless it is shipped airmail. The problem with that is the increase of the shipping cost from one dollar a pound to $3.40 a pound.

The cost for one container may run from $2,700 to $7,000, depending on the destination and whether or not it is necessary to ship overland from the port. A container will hold an average of 42,000 pounds of literature. It is possible for an individual group to pay the entire cost of shipping a container to a country of their choice or ours. We are looking for Container Sponsors. Please click here to see our current list of containers awaiting shipping funds.

The best way we have found to help with the shipping cost is through our 50,000 Club.

A brochure on the 50,000 Club is available for those interested in enlisting others as members .... click here view 50,000 Club Brochure

RENT

Presently, we have two who designate their gift to pay the rent on our office and warehouse.

SPECIAL PROJECTS

From time to time we raise funds for vehicles, equipment, etc. Our special project at present is for a newer van. We have an older one that is on its last leg. Rear seats are removed and a freight grid is installed so as to transport small donations of literature and carry pre-packed boxes to church speaking engagements and conferences.

FRIENDS OF THE MINISTRY CLUB

Friends Of The Ministry Club Members contribute $20.00 monthly for the operating cost of the ministry. If enough of these can be found, they will provide the financial under-girding of the ministry.

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APPOINTED SECURITIES

Over the last several years, we have seen historic gains in the stock market. Many security holdings have a tremendous level of unrealized gain. This is the good news. The bad news is that if these appreciated securities are sold, at least 20% of the gain will be lost to taxation. Now is a strategic time to consider the effectiveness of donating these types of assets.
In making outright gifts, it is typically wise financial stewardship to give assets that are in the form of appreciated securities (e.g., stocks or mutual funds). Unlike gifts of cash that have already incurred an income tax, gifts of these appreciated assets avoid the incurrence of capital gain tax. In addition, you receive an income tax charitable deduction for the full fair market value of the asset. That, in effect, makes these gifts less costly to make.
If it is your desire to make a gift, please consider a gift of appreciated assets.

Here is how it works:

	Sell Stock & Gift Proceeds	Gift
Value of Assets	$10,000	$10,000
Original Purchase Price	-2,500	- 2,500
Amount of Appreciation	$ 7,500	$ 7,500
Capital Gain Tax (26% Federal & State)	-$1,950	N/A
Proceeds to Ministry (Asset minus tax)	$8,050	$10,000
Your Total Tax Savings (45% Federal & Sate)	$3,622	$ 4,500

As you can see, these numbers highlight three benefits of donating stock:

Avoiding capital gain tax
Increased financial support to ministry
Larger tax deduction

Though it is important to consider the tax implications of making gifts, it is also important to invest your giving in order to further the mission of the ministry that God has laid on your heart.
(Reprinted by permission from Focus on the Family)

HOW TO DONATE MONEY

SEND A DONATION BY MAIL
Send donation to:

Edwin L. Hodges Ministries
P.O. Box 1921
Decatur, Alabama 35602

SEND A DONATION VIA PAY PAL
"You are invited to use your credit or debit card to make online donations to Edwin L. Hodges Ministries using PayPal if this will not put on undue financial strain on you."

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Designated Gifts