2021 WAYS TO GIVE

2021 is the Perfect Time to Invest in Paraclete

As we approach the end of 2021, I want to thank all of you who have supported Paraclete associates this year. The prayers, support, and financial resources you have invested are blossoming in amazing ways. Praise God!

I also want to be sure you knew that right now is an excellent time to build on that investment. Whether you itemize deductions or not on your annual tax return, there are temporary opportunities in the tax law encouraging you to invest in a Paraclete associate, but those provisions are set to expire on December 31!  This is so important that the IRS issued a special “tax tip” earlier this fall for generous givers like you. Here is the gist of it.

  • It may not make sense for you to itemize deductions every year—that is the case for many givers.  However, you can deduct up to $300 contributed to Paraclete during 2021—$600 if you are a married couple filing a joint return—even if you take the standard deduction and do not itemize.
  • If you do itemize deductions, here is an opportunity for you. Usually, your eligible gifts cannot exceed a specific fraction of your income. But for gifts in 2021, you can elect to claim a charitable deduction for donations up to 100 percent of your adjusted gross income with some limited exceptions.
  • If you run a business, there are incentives for you, too. The deduction thresholds on most donations for many businesses have temporarily increased depending on your status as a corporation, sole proprietorship, and so forth. It is a benefit worth exploring with your accounting team.

Another idea that is not in the IRS tax tip but is worth considering—you might reduce your tax bill by making a distribution from your IRA to Paraclete. This can satisfy the required annual minimum distribution for taxpayers ages 72 or older, while not resulting in taxable income. It’s effectively another way to qualify for a  charitable tax benefit—whether you itemize on your taxes or not!

Finally, Paraclete is now accepting donations in cryptocurrencies. The currencies have shown such strong growth that taking withdrawals can result in significant taxes.  Donating cryptocurrency to Paraclete could represent a significant tax saving over converting the cryptocurrency to cash and donating the dollars.  See paraclete.net/give for details.

Thank you again for your continued partnership with Paraclete associates. Our team is truly humbled by your generosity.

Glen Volkhardt
CEO, Paraclete Mission Group

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Our Mission

To come alongside Christian leaders around the world.

Methodology

  • We operate in alignment with our vision and values.
  • We serve as catalysts, without personal or institutional agendas.
  • We stay only as long as needed and welcome.
  • We view all our work as spiritual activity with eternal significance.
  • We promote effective and Godly stewardship of resources as a model for business and ministry.
  • We practice the accountability of planning and evaluating our work, and teach others to do the same.

Financial Information

Our Financial Statements have been audited annually since 2013 by an independent national accounting firm. Paraclete is registered or exempt from charitable solicitation registrations in all states that require it.

2023 Financial Summary

Revenues
Contributions
$4,482,308
Other Revenue
$131,963
Total Revenue
$4,614,271
Expenses
Program
$3,694,724
Administrative
$335698
FundRaising
$361,811
Total Expenses
$4,392,233

Donor Privacy Policy

Paraclete Mission Group is committed to respecting the privacy of our donors. We provide this Donor Privacy Policy to inform you of the way we protect and use your information.

Information We Collect

  • Here are the types of donor information that we collect and maintain:
    Your contact information: name, organization/church, address, phone number, email address;
  • Your preference for which ministry your donation will be applied;
  • Your payment information: credit card and/or bank account information;
  • Information you choose to share with us: questions, comments, suggestions, how you learned of Paraclete, and;
  • Your communication preferences; e.g., to individuals who request it, we will send periodic mailings related to specific fund-raising appeals, prayer concerns, and newsletters.

How We Use Your Information

Paraclete Mission Group uses your information to help you complete a donation, communicate back to you, and update you on ministry activity and results. We use credit card numbers only for donation or payment processing.

How We Protect Your Information

We use industry standard safeguards to protect your information. We protect the security of credit card transactions using a number of measures such as encryption, access controls, network firewalls and physical security. Card numbers are never stored on our premises in any physical or electronic form. These measures make it extremely difficult for anyone to intercept the credit card information you send to us. When we work with other companies to process credit card transactions, those companies also use encryption and other security measures.

We Do Not Share Your Personal Information

Paraclete Mission Group will not sell, rent, trade or lease your personal information to other organizations. We hold the identity of donors confidentially. We will use your information only to further the ministry purposes of Paraclete Mission Group. We will not send you mailings on behalf of another organization.

YOUR RIGHTS – GDPR Specific

Personal Information

Where you have provided your consent to us processing your personal data, you may withdraw this consent at any time. In addition, the Global Data Protection Regulations gives you the right, under certain circumstances:

  • to request in writing and securely obtain copies of the personal information we hold about you;
  • to correct or update your personal information held by us;
  • to request us to stop using your personal information for marketing purposes or for any other purpose where there is no legal requirement for continued processing;
  •  to object to profiling activities based on our legitimate interest;
  •  to request to have all personal data deleted (in the EEA only). To exercise any of these rights please contact privacy@paraclete.net .

Please tell Paraclete Mission Group as soon as any of your contact details change so that records can be kept up to date.

We will take reasonable steps to correct any of your information, which is inaccurate, incomplete or out of date.

Removing Your Name From Our Mailing List

We will honor your desire not to receive mail from us if that is your preference. Please contact us if you wish to be removed from our mailing list. Donors with an online account with Paraclete Mission Group can establish and change their communication preferences, print receipts, make one-time donations and set up recurring automatic donations. If you choose not to have an online account you have the same degree of control when you call or write to tell us of your preferences.

Contacting Us

If you have comments or questions about our donor privacy policy, please send us an email at info@paraclete.net or call us at (719) 302-2500.

 

Statement of Faith

We believe the Bible to be the only infallible, authoritative Word of God.

We believe that there is one God, eternally existent in three Persons: Father, Son and Holy Spirit.

We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and His personal return in power and glory.

We believe that for the salvation of lost and sinful man regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life, and they that are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ.

equal opportunity employment

It is the policy of Paraclete Mission Group not to discriminate on the basis of race, color, national origin, sex, age or disability in admission and access to, or treatment or employment in its program or activities. As a religious institution, Paraclete is permitted and reserves the right to prefer employees or prospective employees on the basis of religion.