Make a Donation Today
To make a one-time donation or to become a monthly donor by credit card or ACH, please click on the Donate Now button below and help support Wellspring Community!
Wellspring Community gratefully welcomes your generous support to empower the lives of adults with special needs.
Increased Charitable Giving
The new CARES Act encourages individuals and corporations to increase their giving this year by increasing charitable deduction thresholds. Givers who itemize their deductions may continue to deduct charitable gifts like before, but now givers are able to deduct up to 100% of their adjusted gross income (AGI) in 2020. The CARES Act also increases the limit on deductible corporate charitable gifts from 10% to 25% of the corporation’s taxable income.
The CARES Act allows individual who do not itemize their deductions to deduct up to $300 in charitable giving to nonprofits.
Employer Donation Matching
Many companies and employers are providing an opportunity to receive matching donations or grants for funds donated directly to Wellspring on their behalf. This allows employees to give directly to Wellspring, and then their employer matches the giving or sometimes increases the donation amount to Wellspring. Please contact your employer’s human resources department to see if this is available for you.
Giving Non-Cash Assets
Wellspring allows you to give non-cash assets such as stocks, bonds, real estate, insurance, wills, living trusts, remainder annuities, and split-interest gifts. All gifts qualify for this special 100% of AGI charitable income tax deduction limitation, as well as a $300 “above the line” deduction for those that don’t itemize deductions.
Set Up Online Recurring Giving
The best way to give to Wellspring is to set up a recurring transaction through your bank’s online payment system or through our donor management system. It is simple and we can help you set up recurring payments if that would be helpful. This allows you to automate your generosity to Wellspring and allows us gifts that we can count on regularly.
Here are some ways to consider giving:
The most direct way to support Wellspring Community is with a donation by check or credit card.
Matching gifts give you an easy way to potentially double, or even triple, your original contribution! Many organizations will supplement your charitable gift with a specific matched amount. Contact your HR Department to determine if your organization offers matching gifts for employee charitable contributions. See your gifts multiplied!
If you are actively giving your time to Wellspring Community as a volunteer, you may be eligible to translate your volunteer hours into cash! Contact your HR department to determine if your organization participates in a volunteer funds program.
You can receive tax benefits and avoid out-of-pocket expenses and capital gains when you donate appreciated securities, which are publicly traded stocks and mutual funds that have increased in value and have been held longer than one year. You can take full fair market value on your income taxes up to 30% of your adjusted gross income, and carry over the excess for up to five years. If you have stock losses (depreciated securities) you can sell the stock, take the allowable deduction, then contribute the cash proceeds to receive a charitable deduction for tax purposes. When making a stock gift, please contact our office before the transfer, so we can provide broker information, handle the paperwork efficiently, and give you the proper tax receipt.
If you are 70 ½ or older you may be eligible to make a tax-free outright gift when funds from an IRA are given directly to Wellspring Community through your IRA custodian. Contact your IRA custodian or tax advisor for guidance.
You can leave a lasting legacy of compassion when you remember Wellspring Community in your will, trust, life insurance policy, or retirement plan.
For more information about any of the giving choices presented here, please contact Nicole DeVries at 303-660-1935 x106, or email firstname.lastname@example.org. email@example.com