The holidays are a special time of year, but for some, it is a very challenging time. Your gift will spread some joy now and throughout the year for families in all of our programs.
Please considering making a gift now. You truly will make an impact!
Give in the spirit of the season!
Give to the family celebrating their first Thanksgiving in a safe home. Give to the gentleman who is returning to work. Give to keep provide warm meals throughout the cold winter months. Whatever your inspiration, hope is the most important gift of all this holiday season. Your donation, no matter what size, can provide hope those who are struggling. As you consider your giving options this holiday season, remember the impact you make by supporting St. Vincent de Paul of Baltimore will last all year.
OTHER WAYS TO GIVE DURING THE HOLIDAYS
There are a multitude of ways to get involved this Holiday Season, from preparing a meal to donating food, gift cards and/or purchasing needed items off our AMAZON WISHLIST 2021.
The generosity of the community during the holidays helps us to provide essential services throughout the year. To read more, please download:
If you have any questions, please email email@example.com or call 410-681-1936 and thank you so much for your support!
Fill the Pantry Food Drive
Over the past year, St. Vincent de Paul of Baltimore has risen to meet the unprecedented challenges brought on by the pandemic, operating safely and continuously to provide over 150,000 bed nights at its four shelters in Baltimore City and County, 1.5 million nutritious meals to those experiencing hunger, housing for 1,000 households, early childhood education and support services to over 800 children and families, and other services such as employment and emergency financial and food assistance. Despite these challenging times where so many are experiencing economic and health hardship, St. Vincent de Paul of Baltimore remains more committed than ever to its vision of a community where poverty is not a barrier to opportunity, and to its efforts to help children, adults, and families overcome systemic disadvantages, succeed, and thrive.
This holiday season we are moving more families, high risk individuals and young adults into permanent housing than ever before. Fill the Pantry Food Drives allow us to ensure each household to begin with a full pantry. Having food in the cupboards makes this significant transition a warm, hopeful one. St. Vincent de Paul is grateful for the ongoing support of our donors to partner in ending homelessness in Baltimore.
Suggested donation items include:
- Peanut butter
- Canned soup
- Canned fruit
- Canned vegetables
- Canned stew
- Canned fish
- Canned beans
- Pancake, biscuit, muffin, cake mixes
- Salt & pepper
Please avoid any objects that are out of date or soon to expire. Contact firstname.lastname@example.org for more information.
CARES Act Charitable Deductions
Make the most of your 2020 charitable giving with a year-end gift to St. Vincent de Paul of Baltimore. Here’s what you need to know.
On March 27, the president signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help combat the far-reaching impacts of COVID-19. The bill provides increased tax incentives for charitable giving including new tax benefits for donors to nonprofits such as St. Vincent de Paul of Baltimore. These benefits apply only in the 2020 tax year.
Increased Tax Deductions for Charitable Gifts
For donors who itemize their deductions, you can deduct cash contributions to St. Vincent de Paul and most other public charities to offset up to 100% of your income. Ordinarily, this income tax deduction for charitable gifts is limited to 60% of income. The 100% limit allows especially generous donors to reduce their 2021 federal income tax to zero. Those who are even more generous can carry forward unused cash contribution deductions for up to five years. This makes it easier for our most generous supporters to make a gift of a lifetime to St. Vincent de Paul of Baltimore.
If you don’t itemize, you can take the standard deduction AND reduce your taxable income by up to $300 for gifts of cash to public charities by using an “above the line” adjustment.
Gifts from an IRA
Donors age 70½ or older may make a gift to St. Vincent de Paul from an IRA. Most required minimum distributions (RMDs) from retirement plans have been eliminated for 2021. However, donors age 70½ or older can still make a qualified charitable distribution (QCD, or IRA charitable rollover) of up to $100,000 to St. Vincent de Paul from their IRA. While the benefit of using a QCD to satisfy an RMD does not apply for 2021, a QCD remains a great way to make tax advantageous gifts, especially if the donor doesn’t itemize deductions.
The CARES Act Increases the cap on how much corporations may deduct for charitable gifts from 10 percent of taxable income to 25 percent.
Who Should St. Vincent de Paul Supporters Contact with Questions?
We advise donors to check with their tax advisor to learn more about how the CARES Act may specifically apply to their tax situation. Working with your personal financial planner, we are here to assist you in structuring your gift or shape a to charitable gift plan that suits a donor’s needs and allows them to keep supporting our important work. Please contact Michelle Boyle at email@example.com or 443-681-1977 for more information.