child education – Gary R Gibbs

Real estate developer, licensed pilot, and outdoor enthusiast Gary R. Gibbs has contributed to fundraising efforts for charitable organizations based in the United States and around the world. Gary R. Gibbs also has served on local private school boards and his church board.

Since churches are tax-exempt, they must have a board, according to IRS regulations. Board members are tasked with monitoring the church’s financial donations and ensuring that the church is in compliance with all nonprofit rules. Church boards also provide financial oversight by developing the church’s budget and authorizing major expenses, such as salaries.

The most effective church boards are made up of congregation members from diverse backgrounds and professional experiences. Board members should work alongside church leaders to develop strategic plans that reflect the church’s mission. Board members should also be prepared to address sensitive situations, such as allocating money to programs and managing potential conflicts of interest.

Gary R. Gibbs is the owner of Cambridge Associated Real Estate, LLC, a company that develops commercial and residential real estate properties. Outside of work, Gary R. Gibbs supports nonprofit organizations and, along with his wife, has sponsored more than 30 children living in Nicaragua.

Sponsoring children is a familiar form of a direct financial aid provided from households in developed countries with $3.39 billion being spent on the sponsorship of 9.14 children. A study published in the 2013 Journal of Political Economy demonstrates that this sponsorship results in positive results including a 27 to 40 percent increased chance that the children will complete secondary school and a 50 to 80 percent increased chance they will complete university. The study also showed that sponsored children have better employment outcomes when they become adults since they have a 35 percent increased probability of finding work in a white-collar job.

This study used data collected by Compassion International, an established childhood sponsorship organization that investigated the adulthood outcomes of 10,144 individuals living in Uganda, the Philippines, Kenya, Guatemala, and other countries.

Category: child education

What Is the Role of a Church Board?