Gifts of stock, mutual funds or bonds can help Rein in Sarcoma continue its mission to Increase Awareness. | Increase Survivors.
It’s simple and easy.
The Gift of appreciated investments is a great way to support Rein in Sarcoma (RIS). When you donate appreciated investments to RIS you’ll generally take a tax deduction for the full fair market value.
For stock held in brokerage accounts, your broker can assist you in making a gift of stock via a direct transfer to RIS. You may also save on brokerage fees because you are transferring ownership rather than selling the stock.
Changes for 2020 tax year under the CARES Act provide:
- New Charitable Deduction even if you choose the standardized deduction on your 2020 Federal Income Tax form. The bill makes a new deduction available for up to $300 per taxpayer ($600 for a married couple) in annual charitable contributions.
- New Charitable Deduction Limits: Also part of the bill, individuals and corporations that itemize can deduct a much greater percentage of their contributions.
- Individuals can elect to deduct cash contributions, up to 100% of their 2020 adjusted gross income, on itemized 2020 tax returns. This is up from the previous limit of 60%.
Please consult with your certified tax professional or the IRS.gov website for advice.
For additional ideas to support end of year gifting: reininsarcoma.org/charitable-gift-strategies/. Please contact Melissa Davies, Development Director at email@example.com or call 763-205-1467 or 612-578-0585.
Save the Date: Sunday, January 31, 2021
Time: 75 minutes (TBA)
Patient and Family Committee Presents a Virtual Winter Gathering:
“Unmasking Hope: Embracing Sarcoma as a Teacher”
Even though our event will be virtual this year, the goal of this popular annual event remains the same–to connect as a community. Our format will begin with a brief community update and then move into a moderated, interactive discussion with break out sessions to provide meaningful, small group connection. Registration information to follow in early January. All are welcome to attend this virtual time together.
We are deeply grateful for Walser Subaru’s continued support. They have again selected Rein in Sarcoma as Home Town Charity for the Share the Love event at their Burnsville and St. Paul locations. Walser Subaru contributed over $73,000 from the 2019 Share the Love event – truly a force for good to advance the mission of Rein in Sarcoma!
From November 19, 2020, through January 4, 2021, with every new Subaru purchased or leased, Subaru will donate $250 to the customer’s choice of home town charity. For a second year, participating Subaru retailers will also donate $5 to their hometown charity(ies) for every routine Subaru vehicle service visit during the Subaru Share the Love Event.
“We are honored to be more than a car company for all those who interact with Subaru by supporting the causes that are closest to their hearts. While this year has challenged us all, we look forward to being a force for good through the 2020 Subaru Share the Love Event.”
–Alan Bethke, Senior Vice President of Marketing, Subaru of America, Inc.