Community West Blog
It’s almost time for March Madness again, and I’m not talking about basketball.
It’s the time when everyone realizes there’s a little over month before taxes are due and begins the scramble to round up all their paperwork.
If philanthropy is important to you, you might be wondering how your giving will impact your taxable income this year. Most people don’t donate for the tax breaks, but every deduction could result in more money you can keep in your bank account or give to someone else, rather than to Uncle Sam.
That said, here are five common questions about charitable tax deductions this year—and what you need to know to make the most of your gifts.
Chances are, you have contributed in some way to the SocksPLUS campaign. Through this important initiative, we are creating valuable relationships and partnerships to help the homeless in Cleveland. We began this effort just one year ago at Metanoia, and it has been exciting to see so many people step up to support it. SocksPLUS has evoked emotion, impact and action.
Our tribes are growing and helping in their collective efforts for the homeless. We are invested in their success and we highlight these great examples as often as we can, through our social media channels and our publications. Here are some highlights of what we've accomplished so far with your help.
This past Saturday there was an incredible energy throughout Public Hall as 1,670 of Cleveland’s homeless, including 400 veterans, stopped to gather donated items, eat a meal or just get out of the cold.
It was a record turnout for the 25th Annual Homeless Stand Down, which has grown substantially since it first began as a small event aimed at serving veterans.
The fact that it continues to grow shows we’ve got a long way to go in addressing the many needs of our community, but more and more organizations are stepping up to the challenge.
Around this time last year, Jennifer Erhardt was debating whether buying a ticket for the annual Straight From the Heart Raffle was worthwhile.
After all, she’d been faithfully buying one every year for the past decade and hadn’t won anything. The $100 ticket price wasn’t going to break the bank, but it was enough to give her pause.
Then again, the odds of winning a local raffle were still much better than the lottery, even if she didn’t win the $100,000 grand prize.
Fortunately, Jennifer decided to give it a shot one more year, and she’s glad she did.
Last January, Community West Foundation launched the SocksPLUS initiative to provide socks, warm clothing and other essentials to Cleveland's homeless.
We have a day for giving thanks and two days for getting deals. Shouldn’t there be a day when we give something back? That’s what Giving Tuesday is all about. The national effort to increase charitable donations is in its fourth year, and Community West Foundation is doing something special to celebrate. In fact, we’re so excited we’re starting early. (If the department stores can do it, so can we!) Our own “doorbuster” deal starts at noon Monday, Nov. 30 and runs through midnight Tuesday, Dec. 1.
During that time, we will match all donations made to our SocksPLUS campaign dollar for dollar!
Remember the Ice Bucket Challenge of 2014?
In the heat of summer, many of us held our breath as we poured buckets of freezing water over our heads, then dared our friends to do the same.
It was a simple yet powerful way to raise more than $115 million for the ALS Association and raise awareness of ALS, or Lou Gehrig’s Disease.
As the air turns cooler, we want to challenge you to participate in a different kind of challenge that’s all about keeping others warm and dry instead.
As author Nelson Henderson once said, “The true meaning of life is to plant trees under whose shade you do not expect to sit.”
The winners of our 2015 Art of Caring Award truly embodies this saying, both literally and figuratively. Each year, Dr. James and Lois Magisano plant a tree on the Mirror Lake farm where they first met, leaving a visible legacy. The couple has also built a legacy in many other ways. We recently honored them with a special tribute at this year’s Legacy Society dinner, hosted at LaCentre Conference and Banquet Facility.
This past week, Community West Foundation was honored to receive The Catherine O’Neill Leadership Award.