Galentine’s Day is one of many ways that KidWorks helps grow character and spirituality within all of our students, in addition to our academic programs. And a little spa pampering is nice to add to the mix every so often, too!
If you put Amanda Iglesias in charge of a Christmas toy drive for underserved kids, be prepared for record-breaking results.
Our February “Volunteer of the Month” led the effort to fully stock our 2018 Christmas store, which allows parents to purchase deeply discounted gifts that they would otherwise be unable to afford for their children.
Resolve. One definition of the word is to “decide firmly on a course of action.
Our resolve is stronger than ever to make 2019 the most beneficial experience possible for the hundreds of students and families we serve at KidWorks.
Another variation of the word resolve is resolution.
With 2019 now fully underway, we’d like to share our very own KidWorks’ 2019 New Year’s Resolutions:
When a tenth grade boy recently told university student and KidWorks volunteer Brianna Carter that his career goal in life was to become a fast food worker, she instantly knew God was asking her to intervene.
Our January 2019 Volunteer of the Month, Brianna Carter deeply values education and has clear career goals herself.
“I want to be an astrophysicist.” “I want to be a biomedical engineer.” “I want to be a gastroenterologist.” “I want to be a computer systems software developer.” “I want to be a mathematician.”
Those aren’t exactly the words you’re likely to hear from the young students enrolled in our state-licensed preschool, but we plant the seeds for meaningful careers at the earliest possible opportunity. And that focus continues as they walk with us through high school graduation and on to college.
Whether you need to give a gift for the person who has everything, make a year-end charitable contributions for tax purposes, or simply want the warm feeling of supporting the new students coming to KidWorks, there are several ways to give the gift of education to a student at KidWorks that can also provide meaningful tax savings to the donor.
The Tax Cuts and Jobs Act went into effect on January 1, 2018. Due to the higher standard deduction, the $10,000 cap on state and local tax deduction, and other changes, you may not expect to itemize your deductions for the 2018 tax year. Without itemized deductions, you may lose all tax benefits associated with charitable giving to KidWorks.
Here are some simple ways you can give The Gift of Education to A student at KidWorks
IRA Rollover Gifts:
If you are age 70 1/2 or older, you can give KidWorks up to $100,000 from your IRA account by using the Charitable Distribution Provision, even if that gift is more than your annual Required Minimum Distribution (RMD). The direct transfer will not be included in your taxable income, and, therefore, you would not have to pay tax on the direct transfer to KidWorks. Instead of giving $10,000 per year over the next five years, you would give $50,000 in one year, taking you above the new standard deduction and thus providing a tax benefit for your contribution. An added bonus is that these direct transfers to KidWorks count toward satisfying your required minimum distribution for the year. Bear in mind though that these direct transfers must come from IRAs; they cannot come from 401(k)s.
Stacking or Lumping Gifts:
Another option to make a charitable donation and still get the tax benefit is to stack or lump your charitable giving.
Gifts of Stocks, Bonds, CDs, & Mutual Funds:
Gifts of stocks, bonds and mutual funds are a great way to support KidWorks that can provide significant year-end tax savings to the donor. By donating stocks or other securities, you can avoid paying capital gains tax that would otherwise incur if you sold these assets. Be sure that you have owned the shares at least 12 months and one day (the IRS definition of “long-term”) and that the stock has appreciated.
Donating A Vehicle:
If you have an extra vehicle that you no longer need, make the most of it by donating that car, truck or boat to KidWorks. We will secure top dollar for your extra car, and you can support the KidWorks Mission. Call (714) 834-9400x133 to learn more.
Your gift to KidWorks is an investment that immediately impacts the students and community we serve.
Note: KidWorks Community Development Corporation cannot give tax or legal advice. Please consult your own professional tax advisor about the best way to take advantage of any giving opportunity.
Six years ago, professional musician Joe Cristina had a conversation with himself. He asked, “How does a Christian artist, musician and person of faith function in the secular world and make an impact and grow in their faith?”
Our December 2018 KidWorks “Volunteer of the Month” heard God’s answer, and he hasn’t slowed down since.
KidWorks is especially grateful to everyone who made November’s Foundation for Success luncheon such a meaningful way to empower our proven after school programs.
Over $750,000 was raised during the Nov. 8 event, and those funds are already at work helping over 1,300 students in grades preschool through high school to excel academically, develop their leadership skills, grow spiritually and explore their artistic talents.
#GivingTuesday has been the global day of giving since 2012. #GivingTuesday always occurs after Black Friday and Cyber Monday and this year its on November 27th.
Everybody has something to give. Whether you come together with your family, your community, your company or your favorite non-profit, it’s an opportunity for you to find a way to give back and then share your ideas.
By joining “A Global Day of Giving,” you’re a part of something big!
It’s not surprising that many of our students already have clear ideas about the majors they’d like to pursue in college and the meaningful careers they envision for themselves. PIMCO, one of the world’s premier fixed income investment managers, has been an amazing KidWorks partner who is committed to helping our students achieve those dreams.
Each year, 50 of the top community-minded corporations in Orange County are awarded for their investment in the community, known as the Civic 50 OC and they are all being recognized on October 11th, 2018. Of those 50 corporations, KidWorks is pleased to have on-going partnerships with 15 of these buisnesses. Collectively, these corporations have donated an impressive $802,827.97 to KidWorks since 2002.
Julissa Velasco--our October 2018 “Volunteer of the Month—may still be finishing up college, but you’d think she has had decades of teaching experience when you see her skillfully tutoring students enrolled in our afterschool programs
That’s because Julissa has for years made it a point to volunteer with tutoring programs offered in Santa Ana, where she’s lived most of her life. That includes the elementary school she attended as a child.