Published: December 21, 2020
Changing Our World’s Jim Friend, Anna Vallez, and Fred Roberts host a discussion with Catholic schools in the Archdiocese of Seattle, Archdiocese of Philadelphia, and the Diocese of Allentown for a conversation on their strategies for #GivingTuesday.
Our guests today include:
- Rebecca Arcarese, Our Lady of Guadalupe Catholic School, Seattle, WA
- Paige Banks, Bellarmine Preparatory School, Tacoma, WA
- Patricia Decker, St. Hubert’s Catholic High School for Girls, Philadelphia, PA
- Mark Napierkowski, Mercy School for Special Learning, Allentown, PA
- Erin Oest-Larsen, St. Joseph School, Seattle, WA
- Allie Thomas, O’Dea High School, Seattle, WA
As referenced on today’s podcast, here is an important update regarding the CARES Act…
Did you know that the CARES Act has changed charitable deduction allowances? Individuals are allowed increased deductions for 2020 charitable contributions. Individual taxpayers who do not itemize their deductions are allowed a $300 above-the-line deduction. For those who itemize, the AGI limitation for deductions of cash contributions is increased to 100% of 2020 adjusted gross income (up from the normal 60%). The new provisions only apply to cash contributions and are not applicable to donations to donor-advised funds, private non-operating foundations and supporting organizations. Note also individuals subject to the required minimum distribution requirements for IRAs and other qualified plans are not required to take an RMD for 2020.
Don’t miss Changing Our World’s FORGING FORWARD
Don’t miss the webinar series FORGING FORWARD, a virtual philanthropic conference designed to bring you nonprofit experts from around the country who are leading through the COVID-19 crisis.
Daily Spiritual Reflection and Prayers on “Kristin’s Crosses”
Join Jim and Kristin Friend and their family on Kristin’s Crosses YouTube Channel for “Today’s Catholic Prayers.” Jim and Kristin offer the daily Gospel and Reflection along with the Rosary and Catholic Prayers of the day. Click here to visit the YouTube Page and subscribe. If you would like to join the Kristin’s Crosses prayer group on Facebook, click here to request to join.