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:
PO Box 211, Box Hill. Vic 3128 by Telephone (03 9899 6413)
or by email
steer@steer.org.au
