Stewardship Trust is a private trust dedicated to stewarding the land for the Glory of God. By properly caring for the land in alignment with God’s design, we aim to revitalize and make it abundant. This will increase the land’s functionality and production, enhance its usability for the local community, and raise its overall financial value. Stewardship Trust seeks to spread the Truth of the Word of God, strengthen local community, and create abundance in the land.
Separation of Property Benefits
Stewardship Trust divides its property into 3 separate sections:
- Legal Title (Control) – Trustees (Stewardship Trust Elders)
- Stewardship Responsibility (Use) – Members (Stewardship Trust Stewards)
- Equitable Title (Financial Benefit) – Grantors/ Financial Beneficiaries (Share Trust Members)
Stewardship Trust is Granted Legal Title and Stewardship Responsibility over Property and or Financial Assets (primarily USD) to steward for the Glory of God. When Grantors (Share Trust Members) grant USD or land to Stewardship Trust, the Grantors receive LND Coin, a digital representation of their Equitable Title to the assets they have granted. This coin ensures that the grantors retain 100% of the equity gain in the property they grant to Stewardship Trust.
Stewardship Trust operates with utmost financial prudence. We use the financial assets over which we have been granted Stewardship Responsibility to purchase land. Importantly, there will never be loans, leverage, or debt of any kind. Properties will always be purchased outright with ZERO DEBT, ensuring the financial security of your equity.
Property Use Types
1. Support Property
Support Properties are the financial foundation of Stewardship Trust. This type of property will primarily be Single-Family Rental properties. The money made through Support Properties will go towards paying Maintenance, Taxes, and Insurance. Each Support Property stores up income until it hits 2 years of reserves. After 2 years of reserves are stored up for each Support Property, income will overflow into Resource and Ministry properties in that local system.
2. Resource Property
A Resource Property, as the name suggests, is a property that has some resources that will be used for the other properties in the system. These resources can be anything from Food, Wood, Plants, Animals, Goods, anything and everything that can contribute to the sustainability and productivity of the trust’s properties. Resource Properties can also include Share Farms Properties and bring resources into Share Trust.
3. Ministry Property
Some Ministry Properties will be fully supported by the Supply and Resource Properties within their local system. Most Ministry Properties will also be Resource Properties, but some will be fully supported by the Supply and Resource Properties within their local system. The goal of a Ministry Property is to seek God, Love others, and Steward God’s Creation. Ministry Properties will be integrated into their community to help, teach, equip, and lend a helping hand whenever they can. Many Ministry Properties will have locations to hold community events or gatherings. Stewardship Trust Ministry Properties will help spread the Truth of God’s Word, grow a community that operates more like family than strangers, and teach stewardship responsibility to create vitality and abundance.
Many properties will have more than one Use Type. All properties ideally have aspects of Resource Properties and Ministry Properties.
Property Physical Characteristics
Early on, Stewardship Trust will look to acquire properties that are already being stewarded properly. These properties will not only create a solid financial foundation, limiting most risk, but also be great templates for other properties we plan to acquire and develop in the future. Properties will be carefully selected based on their alignment with our mission and their potential for revitalization.
Stewardship Trust is not just a store of financial energy; our goal is to improve the quality and value of the land for the community. Stewardship Trust will act as a God-glorifying developer. Once the foundation is set, Stewardship Trust will primarily look for properties needing help. Stewardship Trust will take over stewardship responsibility, increasing the functionality of the land through building and natural systems.
Withdrawing Money from Stewardship Trust
Grantors can withdraw the money granted to Stewardship Trust on the first of every month.
Money can only be withdrawn on the first of every month because each property must undergo a value appraisal for accuracy at the beginning of each month.
Withdrawing money from Stewardship Trust is similar to selling stock: it is a commercial event and, therefore, a taxable event. All gains must be realized and handled accordingly.
However, once you understand how Stewardship Trust and Share Trust function together, there is no reason to withdraw money from it.