A Commitment to Faith and Good Works
How do you ensure biblical stewardship of your resources? From the beginning of his career, Rogers Strickland aligned his business goals with his faith. After leaving the United States Air Force in 1980, Rogers founded Strickland Construction Company, Inc. in Raytown, Missouri. Mr. Strickland built his organization on the principles of strong customer service and quality work. He allowed his faith to guide him and was successful in growing his company from five team members to more than 50 employees. Mr. Strickland and his company recognized their blessings and wanted to guarantee good stewardship of the resources they were given by regularly giving back to the community and to the Kingdom. By providing all the material and labor, Strickland Construction Company has helped to build 55 community centers, churches, and schools in Haiti, the Dominican Republic, Sri Lanka, Brazil, Guatemala, and Jamaica.
In addition to his construction projects, Mr. Strickland owns several self-storage facilities around the Kansas City Metro area. When it came time to sell some of these properties, he wanted to make a Kingdom impact while serving both his business and his family. Mr. Strickland worked with The Signatry to steward the assets God had given him, by giving a portion of the LLC before the sale to his donor advised fund. “The Signatry made the whole process very easy,” said Mr. Strickland.
Understanding the Gifting Process
Donating a business interest is both a practical charitable giving strategy and a potential opportunity to save on taxes. When a business owner gives a portion of their closely held business interest, they may receive an immediate tax deduction and still maintain control over the remaining aspect of the business.
Before selling his self-storage facilities, Mr. Strickland worked with The Signatry to contribute a portion of the LLC. This helped Mr. Strickland save taxes and maximize his charitable gift. “It is so much easier to do a large transfer and have the option to give anonymous gifts. It takes the angst out of worrying about income tax and allows me to make numerous gifts in the future,” said Mr. Strickland.
Answering His Call
From the beginning, Mr. Strickland had a clear vision for who he wanted to serve and how he wanted his gift to help. “I wanted to support numerous charities that truly share the love of God and help them to get the resources they need!”
Thanks to Mr. Strickland’s generosity, stewardship of his resources, and his willingness to answer the call of God, he was able to serve his neighbors and his business well. Through this donation, Mr. Strickland had the benefit of:
- Receiving a charitable income tax deduction
- Freeing up more money to go to charity
- Providing over $600,000 to the San Lucas Mission in San Lucas Toliman, Guatemala
The Role of The Signatry
The Signatry has years of experience in assisting individuals and companies as they desire to biblically steward their resources and give to charitable causes utilizing different types of assets. The Signatry team understands the gifting process and helps Christian business owners follow a path that will benefit their business while living out their faith. Making a complex asset donation can be a deeply personal decision and a multi-faceted process, so The Signatry works to serve and partner well with individuals as they go through each phase of the giving journey. The Signatry believes in the power of these gifts to solidify donors’ legacies of Christian stewardship.
“Working with The Signatry on this gift was a no-brainer. They helped me to share God’s resources in big chunks, sooner rather than later,” said Mr. Strickland.
Since 2000, The Signatry team has helped families, advisors, and ministries send more than $3 billion to charities across the globe. The Signatry empowers donors through creative giving solutions, biblically responsible investments, and legacy training. The Signatry facilitates revolutionary generosity through innovative approaches to the donor advised fund, including fee transparency, no monthly minimums, and full advisor access. The nationally acclaimed leaders of The Signatry help donors maximize their giving in ways that build and preserve generational wealth and legacy.