How to DRIVE-HOME Your GOD-given PURPOSE in Life with a MicrofoundationTM

How are you going to DRIVE-HOME GODs PURPOSE IN YOUR LIFE Get more active at church ... or at work ... Start a church ... or a ministry

CHURCH ACTIVITY

There are books on how to find GODs purpose. Once you find GODs purpose for your life, do you become more active in church Theres a difference between a church and the Church. A church congregation is led by an individual fulfilling THEIR purpose in life. If that is YOUR purpose in life, then you should start your own Church.

JOB ACTIVITY

Can Christians pursue their purpose through a secular job In some jobs, you can meet new people all the time and nothing is wrong with sharing the Gospel with these people. However, most jobs limit Christians to a small pool of fresh contacts. Most employers frown upon on-the-job witnessing. Usually, Christians rely almost exclusively on jobs for financial support. When a conflict arises between job and purpose, job usually wins.

CHURCH STARTUP

A congregation is the principle element that defines a church. According to IRS definitions, a church is a group of members meeting regularly with a religious purpose. Most church members expect tax deductions for their contributions. Unless you have a ready-made congregation, this may not be an option.

MINISTRY STARTUP

A purpose in life is centered around talents or gifts GOD provides. A Christian can use their talents or gifts in their local church or start their own Christian ministry. Which option do you think is more likely to provide a productive and fulfilling life All talents and gifts can be adapted to a Christian ministry. Starting your own Christian ministry can have some obstacles, and they can all be overcome.

NEW STRATEGIES

If youre not starting a church, you dont need a congregation meeting on a regular basis. Though you dont need members, you do need financial support. The following is a member-free strategy to start your own Christian ministry and drive-home your GOD-given Lifes Purpose!

MICROFOUNDATIONTM

Create a nonoperating private foundation. You dont need to be rich to start your own private foundation. Ive funded new private foundations for less than $200.00 in cash. Ive coined a word for Christian nonoperating private foundations, I call them MicrofoundationsTM. Unlike a church, a MicrofoundationTM doesnt need public support. This is why MicrofoundationsTM dont need congregations or regular meetings. All you need is a religious purpose and an IRS application for a letter of recognition. Some states also require recognition for state tax exemption.

DONOR BASE

While your MicrofoundationsTM letter of recognition is pending, you can solicit contributions. Check for local/state rules on solicitations. Contributions are retroactively tax deductible up to 15 months back to the date of organization. MicrofoundationsTM can have as few or as many donors as necessary, no minimums or maximums. You can personally contribute as much as you desire. Each individuals tax deductible contributions are limited to 30% of their adjusted gross income.

FOUNDATION INCOME

One of the great things about private foundations is theyre generally operated on income received from investment income endowment. Start investing your foundation contributions and build up an endowment. In addition to investment income, there are certain types of business income, like royalties and real property rents that are allowed giving your foundation even more tax free income.

MINIFOUNDATIONTM

MicrofoundationsTM nonoperating private foundations cant distribute funds directly to individuals in pursuit of tax exempt purposes. Operating private foundations can. If you want to be an employee of your foundation, first convert your MicrofoundationTMto an operating foundation. Ive also coined a word for Christian operating private foundations, I call them MinifoundationsTM. While building a MicrofoundationTMdonor base and/or endowment, develop an operating foundation budget and plan. Submit the IRS application for reclassification of your MicrofoundationTMto a MinifoundationTM.

MOORING IN SAFE HARBORS

Private foundations are private as opposed to public charities, so IRS rules are stringent with penalties for violations. Start out with a MicrofoundationTMusing safe harbors that keep you out of trouble until you get a grasp of the rules. Convert your MicrofoundationTMas soon as you develop a plan and a budget necessary for operating foundation classification. Finally, after you acquire the donor base or endowment sufficient for financial support, employ yourself in your MinifoundationTM.

NONOPERATING FOUNDATION DISTRIBUTIONS

MicrofoundationsTMcant make direct distributions to individuals so they make qualifying distributionsa small percentage of incometo public charities or operating foundations. You contribute normal tithes and offerings to your MicrofoundationTMtax deductible. Your MicrofoundationTM can make a qualifying distribution to your church or favorite ministry. Churches are publicly supported tax exempt organizations.

OPERATING FOUNDATION DISTRIBUTIONS

MinifoundationsTMoperating foundations make contributions directly to individuals for performance of the foundations tax exempt purpose. Reasonable and necessary salaries and benefits for staff are allowed as qualifying distributions. Like nonoperating foundations, they can also make qualifying distributions to other tax exempt entities.