Steer Incorporated

Multiplying your giving to Wycliffe Australia.

Steer is a mission support organisation, founded in 1961, which uses its income-tax exempt status to assist mission supporters to enhance their giving to missions.

Steer is able to assist people who are currently using, or would like to use the income from their assets to support mission or outreach work overseas or in Australia, including:

• people with small or large amounts of money for investment
• farmers growing crops or raising livestock
• owners of rental properties
• people with family trusts

The concept of Steer is simple. The mission supporter places their assets with Steer for as long as they wish, and Steer then uses these resources to generate income which is distributed to mission work. The supporter who has placed their assets with Steer is invited to suggest where the income raised is distributed. Because Steer is income tax exempt, 100% of the funds raised are able to be distributed to mission work.

For example, a mission supporter invests some money in an Interest Free Loan with Steer. The interest earned by Steer on the money is then available for distribution to one or more mission organisations suggested by the supporter.

As another example, a farmer may lease a paddock to Steer and then raise crops for Steer on the land on a sharefarming basis. The full share of the income from the crop earned by Steer is available for distribution to missions.

In each of these cases, the gift to the mission is increased by between 23 and 94 per cent, depending on the tax rate normally paid by the supporter.

Many Wycliffe supporters around Australia already use Steer to enhance their giving to mission and outreach work. There is potential for many more to multiply their gifts the same way.

Contact

Further information about Steer is available by contacting Steer Inc:

By post: PO Box 211, Box Hill. Vic 3128

By Telephone: 03 9899 6413

Or by email: steer@steer.org.au