Special CARES Act $300 Deduction for 2020 Income Taxes
The CARES Act, among other coronavirus relief efforts, has instituted a provision for 2020 allowing individuals who do not itemize to deduct $300 for monetary charitable contributions. Donations of up to $300 by credit card or cash to Loudoun Therapeutic Riding will reduce your income up to $300. Contact LTR CEO/Executive Director for more information.
Join the In–Stride Society by Giving Monthly
To take something in stride is to go on strongly, uninterrupted. As a member of the In-Stride Society, you allow Loudoun Therapeutic Riding to go on strongly, uninterrupted, by providing a monthly donation to continuously fund our mission. To thank you for your sustaining gift, members receive an In-Stride Society window cling, recognition on our website and in our annual report, and invitations to special events once we can safely gather again.
Double Your Donation With Corporate Matching
Many businesses have a philanthropy initiative in which they reward employees’ charitable giving by making a donation of their own in the same amount. This is an easy way to double your gift and impact. Ask your HR Department or Supervisor if your company will match your donation to LTR.
Host a Facebook Fundraiser
Host your own fundraiser easily on Facebook! Set a goal, an end date and share a little bit about why you’re fundraising for LTR. Then share it with your friends! Create a fundraiser for a birthday, anniversary or just because you care. Facebook directly deposits what you’ve raised into LTR’s bank account
If You are Older than 70 1/2, Save Income Tax Dollars with a Direct Transfer from Your IRA
If you are 70.5 or older, a donation made directly from your IRA can help you save valuable income tax dollars. Contact LTR CEO/Executive Director and your financial planner or CPA for more information.
Enjoy the Benefits of Giving Appreciated Stock
Giving appreciated stock you’ve held for more than a year is better than giving cash. If you donate stock that has increased in value since you bought it more than a year ago – and if you itemize deductions — you can take a charitable deduction for the stock’s fair market value on the day you give it away. You’ll also avoid capital-gains taxes on the increase in value over time, which you would have had to pay if you sold the stock then gave the charity the cash proceeds. You can deduct the fair market value only if you hold the stock for more than a year before giving it away. Contact LTR CEO/Executive Director and your financial planner or CPA for more information.
Text to Give
Want to give right now? Then text the word HORSEPOWER to 703-782-4991. Next time you are with friends or family and they ask how to support LTR, tell them to text the word HORSEPOWER to 703-782-4991.