Huge thanks to Union Home Mortgage Corp. for their support during Operation Backpack®! Together we are giving families and kids in need the tools they need to succeed.
That's a wrap! Yesterday, UHM dropped off materials from our Partner Backpack Project: we donated a whole trunk load of school supplies and backpacks along with over $1,200 in monetary donations. Thank you to everyone who donated! #promiseskept#worldclass#CLE#community
Did you know you can donate non-cash assets like real estate or closely held business interests to support your charitable goals? Learn how ACF makes it easy for donors to maximize their giving by exploring the various types of cash and non-cash assets that can be donated to benefit our communities today and in the future. https://ow.ly/AnTq50TJ5oE
Did you know you can donate non-cash assets like real estate or closely held business interests to support your charitable goals? Learn how ACF makes it easy for donors to maximize their giving by exploring the various types of cash and non-cash assets that can be donated to benefit our communities today and in the future. https://ow.ly/AnTq50TJ5oE
Guess what time it is???? Back to School!!! Look at the post below for further information on how you can help children in foster care have a special and confident start to their school year!
Bring on the backpacks! 🎒 Our #4KIDSPartners are starting to collect and drop off backpacks and school supplies for the #BackToSchool Collection, which runs until July 8th! Thank you to Broten Garage Door Sales and other partners who have donated so far. Our kiddos are so blessed by your generosity! If you're interested in getting involved with this collection, visit 4KIDS.us/BackToSchool for more information.
If you are wondering what kind of impact your business can have for a not for profit organization, check this out.
This is the third year in a row that this local business has turned over the proceeds of mulch sales for the day, totaling roughly $10,000. That kind of support is huge for Crime Stoppers Guelph Wellington.
The relationship started with a #CSGW presentation where owner Marty Young was in attendance. He learned how the program worked and how it could be an impactful tool for #CommunitySafety. As a business that has been impacted by crime, he felt this was an organization that he could support.
Aligning your business with the #CrimeStoppers brand isn't just a smart move for community engagement, it can actually be a boost to your profile. Consider partnering with your local program.
Wow! Another awesome #MulchSale year in #MountForest . Thank you to Marty Young and his team at Young's Home Hardware who donated ALL proceeds from this year's sale. Here Marty, left, is joined by #CSGW Past Chair Deryck West.
Outstanding support from this community partner!
Shout out to our #Guelph partners, Andre Belisle and his team at JL's Home Hardware for raising $1,776 for our program during #MayMulchMonth.
Financial Consultant / Financial Services specializing in Retirement Planning / Empowering Individual Clients to Invest and Save for Retirement / Acutely aware of Anti-Money Laundering Policies
I am fascinated by this Cerulli Report which projects that wealth transferred through 2045 will total $84.4 trillion—$72.6 trillion in assets will be transferred to heirs, while $11.9 trillion will be donated to charities.
https://lnkd.in/gVGVSKx2
More specifically, they anticipate the following generations will inherit the wealth:
Do you struggle with valuing non-cash and in-kind donations, including the value of real estate? Even though the amount of donor can deduct generally is based on the donation's fair market value (FMV), there's no single formula for calculating FMV for every type of gift, as this article explains.
I focus on authenticity, empowerment, the origins and consequences of trauma and abuse, manipulation, and healing from the many challenging personal lived experiences that have shaped me. Founder of Wanderer's Way.
I'm curious about the terms of the Decult Charitable Trust, including details like the non-charitable income beneficiaries, the duration of the trust before its funds are released to a fully formed nonprofit organization, the specific charity or nonprofit it benefits, and the percentage of the trust’s annual income paid as taxable income to non-charitable beneficiaries, if any. Given the prevalence of fraud in the nonprofit sector, I prioritize supporting causes that demonstrate integrity and transparency, managed by well-intentioned individuals.
Wanderer’s Way established a trust, but a US Charitable Remainder Trust in October 2023. Though this allows for a tax deduction for donors, it differs from direct donations to a charitable organization. To avoid misleading anyone about how their contributions are managed, I have not publicized the Wanderer’s Way CRT. Most Charitable Remainder Trusts reserve donations for a nonprofit for 20 years, delaying the nonprofit's access to these funds while 5%-50% of the annual income earned from the investment of the assets donated to a Charitable Remainder Trust are distributed out to the non-charitale income beneficiaries named in the trust as ordinary and taxable income during the 20 years the Charitable Remainder Trust is in effect.
If the assets donated to a Charitable Remainder Trust are well-invested, it is the non-charitable income beneficiaries who will benefit from the trust's earnings over its typical 20-year term. This is why proper donor education, governance, independant third-party oversight, and records transparency are crucial.
I fully support Decult’s mission and purpose but advocate for rigorous third-party oversight. My inquiry is not meant to undermine your efforts; I recognize the challenges faced by those working to address the world’s most egregious wrongs. I'm committed to charitable oversight and transparency, having seen abuses of charitable tax laws. My aim is to support organizations and professionals that tackle trauma, abuse, mental health, and anti-cult/anti-coercion issues ethically and compassionately.
I'm equally dedicated to protecting charity's sanctity as I am to aiding global healing from trauma and abuse. Wanderer’s Way is committed to governance, oversight, and transparency, ensuring our dedication to our cause and the public's understanding of our operations and resource use.
To me, charity is a Heavenly grace, one that I am fully dedicated and determined to protect with the upmost integrity.
Could you please provide full access to the trust document and all amendments? Making these documents public would be a reasonable step towards fostering trust and transparency, aligning with the trust's purpose and the confidence you aim to instill in your supporters and the broader community.
Once more, I remain unwaveringly dedicated and fully supportive of Decult’s mission and purpose. My goal is to foster equally strong confidence in its leadership.
#cults#charity
Author and journalist - Decult founder and director
Some wonderful news to share: The Decult Trust is now officially a charity!
You can already make a tax-deductible donation - or check out the sponsorship options. Every dollar for our fledgling non-profit counts to bring cult education and cult recovery therapy to Aotearoa New Zealand at the first DECULT 2024 conference in Ōtautahi Christchurch this October.
#decult2024https://lnkd.in/gxC_tPKX