As you may know, I am a networker. I am involved in a few organizations (many of them with events highlighted above). I get to meet some great business people and many of them focus any spare time they have to a cause. I wanted to highlight a few of them today.
1. Rotary Club
Rotary's International goal is to rid the world of Polio. Local Clubs, support that cause and even more! I am a member of Rotary Club of Schaumburg/ Hoffman Estates (Meets on Fridays at Noon in Schaumburg.
2. Walk to End Alzheimer's
I have known Kari-Ann Ryan for many years and in all that time, she has spearheaded a movement to End Alzheimer's. Her life has been affected personally. You can also be added to her email list for all the events she organizes, by emailing her: [email protected]
3. National Association of Parks Foundations
The NAPF's vision is to build effective, active, local park foundations, volunteers and other citizens that support their park systems to enhance the park experience in their communities. These Park Foundations usually provide funding for Park District Activities for people in the community that generally cannot afford them.
Please contact my longtime friend, Donald Ortale, Executive Director of NAPF, to learn more about how you can help. Call him at 630-965-1000 or email [email protected]
4. The Business Ledger- 2020 Guide to Business Philanthropy & Social Responsibility
This is a list of notable local nonprofits and charities.
#GivingTuesday is a global day of giving fueled by the power of social media and collaboration.
The following is a summary of a full article at Charity Navigator:
A gift to a qualified charitable organization may entitle you to a charitable contribution deduction against your income tax if you itemize deductions.
If the gifts are deductible, the actual cost of the donation is reduced by your tax savings.
- A contribution to a qualified charity is deductible in the year in which it is paid.
- Most, but not all, charitable organizations qualify for a charitable contribution deduction.
- You can deduct contributions only if they are made to or for the use of a qualified recipient.
- An organization could lose its charity status if it devotes a substantial part of its activities to formulating propaganda or otherwise trying to influence legislation.
- There are limits to how much you can deduct, but they're very high.
- Rules exist for non-cash donations.
- Remember to document.
- Organizations to Which You Can Give and Deduct Your Donation:
- Churches and other religious organizations;
- Tax exempt educational organizations;
- Tax exempt hospitals and certain medical research organizations;
- A government unit, such as a state or a political subdivision of a state;
- Publicly supported organizations such as a community chest;
- Certain private foundations that distribute all contributions they receive to public charities within two-and-a-half months after the end of the foundation's fiscal year;
- A private operating foundation which pools all of its donations in a common fund;
- Certain membership organizations that rely on the general public for more than a third of their contributions.