Podcast Episode 21: The Untapped 90% Generosity Opportunity

In this episode of the Generosity Podcast, Todd McMichen is joined by Ray Gary, the co-founder and CEO of iDonate. During their conversation, they discuss non-cash giving.

Best Quotes

“There are billions of dollars given each year in noncash.”

“I wanted to find a way and be part of a movement to unleash noncash donations to churches.”

“If we really want to unleash generosity, we have to find a way to unlock wealth and make it easy and possible for people to give out of their wealth and not just their income.”

“Americans will spend 22 billion dollars a year on renting self-storage space.”

“You can save capital gains and be more generous by giving out of stocks instead of cash.”

“People have to get their head around that they can make noncash gifts and how they can do it.”

“It doesn’t take many noncash gifts to make a difference.”

Ray is the CEO of iDonate, a company that provides nonprofits with technology solutions to do more good in the world. Ray’s experience in launching, building and helping businesses succeed spans nearly three decades, including various leadership positions in technology companies. Previously, he served as President of the Venture Capital group of Koch Industries, one of the nation’s largest private companies, where he oversaw numerous technology investments. Ray currently serves as a Board member of the Highland Park chapter of KLIFE – a faith-based ministry for students and also sits on the Board of the Greater Baton Rouge/LSU area Young Life ministry.

Recommended Resources

Generosity by Lifeway (https://lifewaygenerosity.com)

iDonate (https://idonate.com)

BSFL (https://biblestudiesforlife.com)