This Giving Tuesday
Double your impact, thanks to matching funds from XL Construction and Ocean Honda of Santa Cruz!
How often do you use your broom? A bowl? Soap? Paper towels?
These items are often out of reach initially for someone moving from homelessness to housing. Many times they are moving into housing with few, if any, belongings - and not things like a dustpan, dishes, or pillows. But they need them.
That's where we come in. We want to make sure that everyone getting housed has what they need to succeed in their new housing, and has what they need to make a house a home - especially our senior citizens.
Or, support our work through a stock donation, see below 👇
"As we all know, simply providing an apartment or a room for a person experiencing homelessness isn’t enough; there is an absolute need for follow-up supportive services so that those who are housed not only get help with basic furniture, toiletries, kitchenware, etc.—but also assistance acquiring an ID card or birth certificate, etc. Such supportive services are crucial to making housing really work on a sustained basis, and no nonprofit does it better than Wings."
-Rowland Rebele, Donor
Realize the tax benefits of donating unappreciated stocks and support Wings without impacting your cash flow!
Avoid Capital Gains Tax of 15% - 32.8% (federal and state) and NII Tax of 3.8%
Deduct the fair market value of the stock (regardless of your cost basis)
Let the nonprofit keep the proceeds that would have gone to the IRS
It’s Fast, Safe and Free!
Why donate stock?
Have you been sitting on stock because you're uncertain how much capital gains tax you might incur? When you donate stock to us through DonateStock, they take care of all the paperwork, you avoid paying taxes on the increased value of your stock AND get to help us in our crucial work to reduce homelessness in Santa Cruz County.
Stock Donator is a secure, fast (around 5 minutes), and simple way to gift stock. You'll quickly get a receipt you can use for taxes. Click the button above to get started. Have questions for us? Shoot us an email at email@example.com and we'll answer your question or point you to someone who can.
Tax Efficient for Cryptocurrency HODlers
Donating cryptocurrency like Bitcoin to 501(c)3 nonprofit organizations is tax deductible* in the United States (and donating cryptocurrency in other countries such as the United Kingdom, Canada, Australia and New Zealand) helping donors reduce their tax obligations while supporting organizations whose missions they care deeply about.
If you have to transfer to another cryptocurrency or to fiat prior to donating, you lose the full tax benefit of donating directly to a nonprofit in cryptocurrency. From a tax perspective, this is very similar to if your were to donate appreciated stocks to a nonprofit.
Drives Adoption of Cryptocurrency
We think that having ordinary people and organizations accepting and using cryptocurrency is exactly what it needs in order for it to become mainstream. Don’t just HODL, GIVE! By donating to nonprofits you ensure that they have open cryptocurrency wallets, and are actively engaged with the cryptocurrency community. The more nonprofits that accept cryptocurrency the more widespread its use will become.
Corporate Social Responsibility
Making a financial donation in the form of cryptocurrency is one of the simplest ways that a blockchain or cryptocurrency company can demonstrate it’s corporate social responsibility and values to the world.
By supporting a nonprofit that aligns with your organization, or your founders values, you are saying to the world that you care, and you are willing to put your money where your mouth is when it comes to social good. Many organizations like to use the phrase “Blockchain for Social Good”
Wings fulfills its mission through the generous financial support of donors like you. Wings Homeless Advocacy is a 501(c)(3) nonprofit organization. Your contribution is tax-deductible to the extent of the law.