Donors Can Now Make Tax-Free Gifts from their IRAs
Congress has re-authorized legislation that allows donors to make charitable gifts from their IRA accounts during tax years 2008 and 2009 without incurring income tax on the withdrawal. If you are age 70 1/2 or older and are required to take minimum withdrawals, this may be a great way to make a gift to one or more qualified charities. For more information, visit our legacy planning section.
Volunteers of America's Thrift Stores Offer Increased Value in a Time of Economic Uncertainty
The recent economic downturn has forced people to rethink their buying habits, and more importantly, their retail establishments. Long known for a variety of goods at more attractive prices, Volunteers of America thrift shops are providing consumers what they need as they tighten their belts during this financial crunch.
The Oprah Winfrey television program filmed footage at one Volunteers of America thrift store in Ohio to show that even kids are finding out that they can find the brand name items they want at lower prices. Many Volunteers of America thrift stores are now becoming the place to shop for both value and quality.
An added bonus to this retail gold mine for shoppers is that 88 cents of every dollar spent goes back into funding the many programs and services Volunteers of America provides to more than 2 million people in communities across the nation. It’s a win-win for everyone when you shop at a Volunteers of America thrift store!
For more information on donating items or shopping at our thrift stores, visit the following local office websites:
You can also donate online, by phone, fax or via mail to help support the same services our thrift stores fund.