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MICROLOAN EMPOWERMENT PROGRAM |
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| KENYA
MEP FUNDS REPORT |
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 I
acknowledge III Cord Foundation as
a reliable and most committed organization
both in spiritual and physical life.
From our last performance, we can
strongly testify that we are moving
forth. The funds <Micro-Loan Empowerment
Program> MEP, have been reaching
us through out the last five months
in accordance to the memorandum of
understanding. This has enabled us
plan, evaluate and to do our work
on time with without delays. Hence,
our targets and aim to reach out and
empower the poor and the weak in the
church and the society has been successful.
I thank God for the wisdom of Rev.
Dr. Tracey L. Goodner, the first lady
of the mission and the entire family
of the III Cord Foundation Organization.
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| What is
an IDA? |
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| An Individual
Development Account (IDA) is a special matched
savings account used to save money for a
specific asset purchase. IDAs are similar
to Individual Retirement Accounts and 401K
plans; however, they are not pension plans.
IDAs may be used to save toward: |
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1)
First-time Home Ownership
2) Post-Secondary Education
3) Child's Post-Secondary Education
4) Micro Enterprise (Small Business)
Start-Up or Expansion |
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| IDA participants
attend personal financial management classes,
establish a savings account at a local bank
and make monthly deposits based on a savings
plan. Money saved is matched by public or
private funds at rates of 1:1 up to $1,000
maximum. |
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| Why Join? |
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| IDAs are
risk-free investments. Savers cannot lose
money. At the same time, IDA's offer several
benefits: |
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| Double
your savings in 1-2 years! Turn
$1,000 into $2,000 or more. Traditional
investments earn between 6% and
10% annually, but IDAs yield a 100%
guaranteed return. That means $1,000
invested in the stock market might
earn $100 in a year. By comparison
$1,000 in an IDA would grow to $2,000
within 1 year. ...continued |
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III
Cord Foundation supports organizations
that address human, spiritual and educational
needs in disadvantaged communities,
with strong emphasis on organizations
that include self sufficiency, economic
development, capacity development, empowerment
in their approach.
We are looking to assist agencies that
remedy specific problems; service models
that address those problems in a systemic
way, through changes in public policy;
strategies to empower people to play leading
roles in achieving these policy changes.
We also look for initiatives that
link the faith community, non-profit agencies,
private and public sectors together
to effect wide social impact and change.
Special consideration is given applications
from faith-based organizations.
...continued |
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about "The Foundation" << |
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COMMUNITY
EMPOWERMENT PROGRAM |
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| Building a Partnership
of Faith to Serve our Community |
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The purpose
of the Community Empowerment Program is
to encourage and promote growth in non-profit,
business, and faith-based agencies by utilizing
their unique, God-given gifts and abilities
to assist those in need within the Phoenix
metropolitan area.
III Cord Foundation works with program partners
to build their capacity to better serve
high-risk groups. The focuses of services
are in the areas of community empowerment,
social awareness, and social transformation
based upon a Biblically-centered theology.
Enrolled organizations live in covenant
together to provide a positive social environment
in which each person has access to God-centered
spiritual relationships, hope, safety, justice,
support, love, decent and safe housing,
adequate health care, and employment opportunities.
...continued |
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Charitable
giving can be one of the most rewarding
things you do in life. For many
successful people, a private endowment
forms the basis of their charitable strategy,
providing control and direction for giving.
With a private endowment, you can: |
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Create focus, structure and continuity
for a well thought-out charitable
plan.
Create a unique and permanent
legacy because an effective endowment
not only bears your name, it carries
your vision and ideas far into
the future.
Teach your values and share your
vision for a better world with
your children or grandchildren,
by involving them in your charitable
activity.
Receive a tax break today and
donate money to your favorite
charities later.
Maintain full control over the
money in your endowment. You
can invest it and let it grow,
free of income tax, then give
it to charity over the course
of many years.
Achieve additional tax savings
each year and avoid gift and estate
taxes altogether. |
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III
Cord Foundation
actively works with the homeless and has
church, clinic, school, economic and building
projects around the world. Over
the years, our organization has supported
a range of mission and human service agencies
both domestically and in Africa.
Along the way, we have acquired a great
deal of experience in helping successful
people like you maximize the effectiveness
of their charitable efforts.
Our
goal is to make the world a better place
through participator and cooperative ministry
and mission. Our purpose is to help
busy executives, entrepreneurs, professionals
and philanthropists like you to understand
and to take full advantage of the benefits
offered by a private endowment without
having to spend tens of thousands of dollars
in set-up or administrative costs.
If you
have any questions, or if you just want
to discuss your current giving, please
feel free to call us at any time.
We look forward to hearing from you.
Serving
God and Humanity,
Dr.
Donald C. Taylor, Executive Director
...continued |
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| Dear Friends of Congo Initiative: |
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It’s
an exciting time to make a difference!
As the Democratic Republic of Congo awaits
the results of the recent historic presidential
election, David Kasali is hard at work in
Beni, DR Congo mobilizing the construction
of Congo Initiative’s Université
Chrétienne Bilingue du Congo (Christian
Bilingual University of Congo - UCBC).
We have just received a request from David
Kasali who is not only working construction
duty, he is also working with government
officials to ensure the school is approved
as an official Congolese University! Because
the English Program is the first to be reviewed,
we have been asked to provide several key
resources. The timing couldn’t be
better! In the upcoming weeks, Dick and
Eileen Steldt (our architect team), and
Janyne Peek (a CI Board member) will be
traveling to Beni and can place these resources
directly in the hands of Congolese students
-- just-in-time! ...continued |
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| Partners |
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| We have been
blessed to partner with some of the most
wonderful people God has brought our way.
You, our partners, have made most of
our projects a reality as you have given
to our organization and kept the III Cord
Foundation in your constant prayers. We
are truly grateful.
To those who are not partners yet, we
pray that you prayerfully consider becoming
a partner.
If you would like to become a partner
with the III-Cord Foundation, Inc. please
contact us at iiicordfoundation@yahoo.com |
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| The Benefits of Partnership |
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You get to
see lives changed and transformed for Christ.
" For I was hungry and you
gave me something to eat, I was thirsty
and you gave me something to drink, I was
a stranger and you invited me in, I needed
clothes and you clothed me, I was sick and
you looked after me, I was in prison and
you came to visit me." Matthew 25:35
When you partner with III Cord Foundation,
you share in the reward promised by the
Lord. Your support makes it all possible. |
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Representatives
of III Cord Foundation visiting Smile
African Ministries during the recent Mission
Trip. Left to right: Shai Brownlee,
Rev. Tracy Goodner, Christine Goodner,
Pastor Ruth, Yvonne Taylor, Rev./Dr. Donald
Taylor, Bishop John Lokwango |
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Smile Africa sewing class graduates with
Pastor Ruth and (front, 2nd from left)
Christine and Rev. Tracey Goodner. The
graduates are AIDS widows and orphans
who completed a sewing and educational
training program. |
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