For many decades Stewards Foundation has provided assistance with healthcare expenses to full-time workers through the Health Care Assistance Program (HCAP). SF (Stewards Foundation) HCAP Support DAFs offer Member Assemblies an opportunity to enhance the revenue going into HCAP.
Assemblies that place funds in a DAF benefit from knowing that the proceeds from their donation will support the Lord’s servants in HCAP while receiving a return on their donation.
DAFs are separately identified funds maintained and operated by a 501(c)(3) sponsoring organization. The receiving organization has legal control over donations. The donor, or the donor’s representative, retains advisory privileges in the distribution of funds and the investment of assets in the account.
Stewards Foundation will be the advisor for the distribution of proceeds from SF HCAP Support DAFs. With the net proceeds be used to support HCAP.
Please contact us at 972-726-6550 if your assembly is interested in establishing a SF HCAP Support DAF, or has questions about the program.
Please note: SF HCAP Support DAFs can be established by individuals; however, IRS REGULATIONS PROHIBIT THE RETURN OF FUNDS – PRINCIPAL OR INTEREST – FROM A DAF ESTABLISHED BY AN INDIVIDUAL