A tax accountant’s top 10 reasons for giving to HOPE

Lance Wood, HOPE Board Member

Ten years ago, my wife, Jeanie, and I were looking for organizations that our family could partner with. As believers, we were searching not just for a nonprofit but for a ministry that does good work while sharing the Gospel. And as someone who works in the accounting field, I sought an organization making the biggest possible impact per giving dollar.

HOPE International checked both of those boxes—and more.

Here are the top 10 reasons why I am all in with HOPE:

1. HOPE is Christ-centered.

HOPE’s first strategic objective is to follow Christ’s example and to obey and proclaim Him in all areas of their work. HOPE focuses on eternal impact. And although HOPE is clearly Christ-centered, it seeks to serve both Christians and non-Christians alike.

2. HOPE offers a hand-up, not a handout.

Committed to sustainability, HOPE’s model builds on the fundamental belief that God has already gifted each client with valuable skills and resources. As clients work to develop these gifts and begin to see progress in their lives, they experience a restored sense of dignity.

3. HOPE delivers an extraordinarily high impact per giving dollar.

Incredibly, HOPE’s average investment per client last year was less than $20. So, for about the cost of two LED lightbulbs, HOPE can reach men and women with the life-transforming news of the Gospel and the financial tools they need to flourish. When you consider the fact that most of HOPE’s clients have children, spouses, or other dependents, the impact becomes even greater!

4. HOPE focuses on underserved communities.

HOPE specifically works in and expands to areas with limited or even non-existent banking services. The introduction of small loans and savings in these contexts can make a really big difference, magnifying the impact of our giving dollar even more.

5. HOPE serves the most vulnerable: women and children.

Approximately 60 percent of HOPE’s clients are women, who face marginalization, lack of education, and exclusion from financial services that their male counterparts often do not encounter. As a result, it is more difficult for women to find employment. Microenterprise development is an effective way to empower them with the tools they need to provide for themselves and their kids.

6. HOPE attracts top-quality staff.

The caliber, passion, and competence of HOPE network staff in the U.S. and around the world has impressed me—this is truly more than just a job for them. Additionally, the majority of field staff are from the countries in which they serve, so they’re better positioned culturally and linguistically to minister to HOPE clients there.

7. HOPE’s programs become self-sustaining.

In several of the countries where HOPE operates, the microfinance programs have reached 100 percent operational self-sufficiency (OSS). This means that without the injection of another dollar, the program could fully cover its own local costs. This also means that any additional contributions can be dedicated to fueling expansion of the network in that country and others.

8. HOPE has a 20-year track record, and its model is working.

HOPE International is not a start-up trying to figure out what to do next or how best to serve. The HOPE network is in 16 countries and has about 900,000 clients today. It’s a well-run, efficient organization.

9. HOPE contributions are tax-deductible.

I’m a tax guy, so let’s not miss this. Our giving dollar goes even further with tax deductions!

10. HOPE’s impact is validated by Charity Navigator.

Last year, Charity Navigator awarded HOPE its eleventh consecutive four-star rating. This top rating indicates HOPE’s adherence to good governance and other best practices that minimize the chance of unethical activities and demonstrate its commitment to consistently executing its mission in a fiscally responsible way. Less than 1 percent of the organizations rated by Charity Navigator have received at least 11 consecutive four-star evaluations.

Since 2008, our family has spent thousands of hours with both staff and clients of the HOPE International network. We have talked with loan officers, prayed with clients, and met with leadership. Because of this, we continue to believe that HOPE creates more impact for the giving dollar than any other organization in the world. That’s why we’re in 100 percent with HOPE.

Lance Wood is a Big 4 tax partner with PricewaterhouseCoopers. A passionate HOPE supporter, he serves as a member of the HOPE Board of Directors and as chair of HOPE’s local advisory board in California. He and his wife have five children and live in Southern California.

HOPE Intl

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As Christ’s followers responding to His great love, HOPE International seeks physical, social, spiritual, and personal restoration in places of brokenness. Through Christ-centered microenterprise development, we empower men and women to strengthen their families, build their businesses, and unleash their dreams.

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