We want to make it easy for YOU to help us fight the pandemic AND create good jobs. Here are the ways you can take advantage of End-of-year Giving.
We want to make it easy for YOU to help us fight the pandemic AND create good jobs. On average, every $1,200 creates one job. Once a parent is working, they serve at least 500 people in their community with life-saving products and services. We’ve also just announced an incredible end-of-year match for all giving, up to $50,000, thanks to Aqua For All. So all donations from now till 2021 are doubled!
Here are four ways you can take advantage of End-of-year Giving with us.
The CARES Act increased the amount of non-itemized charitable tax deductions you can take. Now, you may take a charitable deduction of up to $300 for cash contributions made in 2020 to qualifying organizations. The CARES Act also temporarily suspends limits on charitable contributions. Donations must be made before 12am 1/1/2021 to qualify. You can donate directly here. Donations made via check must be postmarked and dated no later than 12/31/2020.
You can mail donations to our offices: The Adventure Project, 228 Park Avenue South, PMB 86132, New York, NY 10003
You can donate your stock to TAP here. We’re in the process of activating our brokerage account, so all stock donations will be seen as "commitments". Once our brokerage account is set up, Overflow will advise you that your stock donation will be completed.
Donating stock directly to charity is one of the most tax-smart ways to give. You can actually give more and reduce future capital gains by donating stock. For example, say you have $1,000 worth of mutual fund shares that you bought more than a year ago for $500. If you sell the shares, you'll owe $75 in tax on the profit, even at the preferential 15% capital-gains rate. But if you donate the shares, the charity gets the full $1,000; you avoid the $75 tax bill, and you still get to deduct the full $1,000!
You can donate your cryptocurrency of choice to us here. All tax receipts will be processed through them for crypto donations.
Donations of cryptocurrency, like Bitcoin, are tax-deductible, much like stocks. This means you can deduct the “fair market value” of your cryptocurrency donation.
For all our Canadian supporters out there, you can now get tax breaks in Canada. Create an account with Charitable Impact and deposit funds into your account. You will immediately receive a tax receipt for your donation, and once we're fully set up, you'll be able to donate those funds into our campaign. We can also accept e-transfers for larger donations this way. All tax receipts will be processed through them for your Canadian filings.
If you're donating via check, stock or cryptocurrency and would like to ensure your donation is matched, please reach out to us at hello@theadventureproject.org. We'll make sure the commitment is noted by the deadline and you can see your impact doubled!
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