For contributions and donations :
GROSSMAN BURN FOUNDATION TAX DEDUCTIBLE ID Number # 20-5984978
New ways to
donate stock
Donate stock in a company that has a market value worth a minimum
of 2k a year.
The IRS (and state tax agencies) allows this type of appreciated
asset to be donated to a charity, also at its current market value
and allows an ordinary income tax deduction. One of the fringe benefits
of this type of donation is that the donor does not have to pay
the capital gains tax on the difference between the price he paid
for the asset and the current value of the asset – yet one
receives the deduction based on the current value.
For example, let’s say you purchased 10,000 shares of “XYZ”
stock ten years ago for $2.00 per share, or $20,000. Today, th at
stock is worth $8.00 per share, or $80,000, and you donate it to
a charity. You are able to get the full $80,000 deduction against
ordinary income and you never paid the capital gain on the increased
value of the stock. Your deduction may be worth about 35% federal
and 10% California. That means you save about 80,000 times 45% equaling
$36,000 in taxes, and once again, do not ever pay the approximate
25% state and federal capital gains tax of $20,000.
Donate your
car for a noble cause at Cars
4 Causes
Donate a portion of your “excess
insurability” with no “out-of-pocket”
expenses CLICK HERE
Donate your American Airline
miles for patient support CLICK
HERE
Donate Northwest Miles for patient support CLICK HERE
Grossman Burn Foundation, Inc.
23679 Calabasas Road suite #270
Calabasas, CA 91302-1502
Phone: (818) 783-6884
Rebecca@Grossmanburnfoundation.org
To
donate by purchasing art by Jacque, a talented young teenager who
is a burn survivor and an inspiration to many click here to view
his work:
Jacque Kaplan - Abraham - http://jacques.dermogenesis.com
If
interested in a piece of his work please contact Rebecca Grossman
at Rebecca@grossmanburnfoundation.org and we will arrange for your
purchase to go toward Jacque's education fund.
DONATIONS
IN KIND, VOLUNTEER WORK OR JOB POSTINGS:
1. University interns to work as assistants
to the Executive Director - Call for details or e-mail Stacy at:
stacy@grossmanburnfoundation.org
I GoodSearch & GoodShop for Grossman Burn Foundation.
Raise money for Grossman Burn Foundation just by searching the Internet with GoodSearch.com ( powered by Yahoo) , or shopping online with GoodShop.com
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