Charitable Giving Information

Archive for January, 2009

Fundraising Projects

Question: Fundraising events that generate large profits? Rotaract?

I am in a rotaract club in Jamaica. Our main objective for this year is to do as many community service projects as possible so when it comes on to fund raising we want to do as little of those that generate large profits so that we can spend most of the time on community service projects. The money raised from fundraising will be sent to projects in africa which is why we would like to generate great profits….so any fund raising ideals that will generate big profits ? plz?

Answer: installation ticket sales! its installation period now isnt it?
find a low costing venue for the installation and get all the members on the BOD to come up with some food each. Then, charge 15 - 30 bucks for the tickets. should make at least 1k depending one how the response is.

raffles draw! get your rotarians to donate raffles draw prizes for a good cause!

prizes can also be for bingo games?

email to big companies and ask for sponsorships to prizes too and sell raffles draw tickets.

house cleaning!
newspaper collection! *it doesnt generate too much from my exp.*
walk a jog.

it really depends on how much great means and how much time you wan to put into this fund raising project.

hope you get through

Green River Narrows - Fund Raising Project 2006

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Giving To Charity At Christmas

Question: Can I still give a toy to a charity for children for Christmas on Christmas?

Answer: Yes, sure...it will be much more appreciated by the kids, if given anoth
er day besides X''mas, when everybody "gives". Go ahead!

Ciao...John-John.-

Avenue Q - the money song

Donations Goodwill Tax Deduction

Question: Good will donations for tax deductions?

Ok, so I over the past 2 years I’ve dropped off HUGE bags of clothes and other odds and ends at Goodwill and have always gotten a receipt. The person would just date and sign it and I have to fill in the rest. Conceivable all the things donated are worth well over several thousands of dollars brand new, so used I would cut it in half. (?) But, how much is too much to claim? And is there a limit to how much, or a minimum before I can claim anything?

Also, my husband and I do our taxes online through this site strictly for military, how would I incorporate these deductions when we fill everything out?

Answer: You need to keep in mind two things. 1, in order to be able to take the deduction you need to be itimizing your deductions. 2, retail price for cloths takes into account brand names and fashion. That doesn't apply when you donate.

Typhoon Morakot Fundraiser - 愛拚才會贏

Ppc Tax Planning Guide

Ok, so now you have received a quotation from this Chinese supplier you selected.

Next step: calculate how this quote will convert into a successful, aggressive selling price that will help you win your client!

Import costing can be dangerous, as slight mistakes can have a disastrous impact on your margin, and you could end up running your import operation at your own costs…

So here are 5 tips on how to properly cost an import project:

1. Get your product purchasing cost (PPC) straight

You must make sure of what is and what isn’t included in the price you got from your supplier.

The first, obvious verification is to ensure that the price actually corresponds, point by point, to your product as specified: make sure that no option is left un-covered and that the quotation is really all-inclusive. Classic mistakes here are: not checking that the packaging or labelling are included, or that additional expenses will be needed such as mould setup.

Another important point to agree upon with your supplier is the incoterm included in the quotation. Are you supposed to take property of the goods right from the factory (ex-works pricing), or once the products are loaded onto the boat (FOB pricing)? This obviously greatly impacts your costs – be careful, as a lot of different terms can be used.

2. Calculate your freight cost

Here you will need to get quotations from Freight Forwarders. The first thing is for you to decide what freight mode you need. The 3 main options are: sea freight (cheapest, longest mode), air freight (most expensive, quickest mode) and sea & air (a mix of both, less used). Consider your shipment volume and weight as well: air freight can be cost-efficient if you have low quantities or very light products.

Once decided on the freight mode, make sure you get the origin and destination addresses correct; most forwarders are able to quote based on a region and not necessarily a specific city.

Ask for quotations, and make sure to check all the details; here as well, it is important to check that everything is included. Freight forwarders have to include in their quotation the basic freight cost as well as a number of taxes and fixed charges incurred when dealing with international logistics. You may also ask forwarders to include insurance in the quotation.

3. Estimate duties

This is where is becomes tricky. Importing products is subject to custom duties levied by the country where you plan to ship your goods. To get the applicable duty, you need to know what category your products fall in, under the Harmonized Tariff Schedule (HTS codes). Your Forwarder can help, your local custom bureau can help, and online services such as AsiaCalculator can help as well.

From one product category to the other, even for very similar products, duties may vary from 0 to 10% of the imported cost!

Remember that Custom duties apply to the total value of your imported goods as they enter the territory (e.g.: purchasing cost + freight + insurance).

4. Be sure to include all costs

Make sure you don’t forget to include any side cost into your landed cost calculation. Side costs may come from the quality control and testing you will need to implement, the specific logistic operations that will happen once the goods land at destination (ex: palletizing, storage…) or additional costs incurred at the source for your product manufacturing (design, moulding…).

5. Add up your margin

Once you have a proper and accurate sum of all your costs, it is time to make money! Add up your sales margin, and get your selling price.

It is wise to add up an extra few percent to your margin, to cover up for unexpected events such as currency exchange fluctuation, or raw material costs rise.

This is also why it is strongly advised to set a validity date to your sales quotation – 30 days is usually enough.

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Article Source: ArticlesBase.com – Import costing guide: landed cost in 5 steps

Charitable Giving Us

When you are an organization or individual in need of a charitable donation, how do you go about finding what you need? After all, there are so many different companies and foundations out there that issue grants to people, depending upon their goals, that is can tough to know where to submit a proposal. Here are some tips to make the process of searching easier:

1. Go online: Hitting up the Internet for information is a great way to find out just about anything these days, and getting a grant is no exception. Web sites like nozasearch list more than a million different charitable foundations that provide money to grant-seekers. Searching the nozasearch database can not only give you insight into who is giving money and what their process it, but you can also get valuable tax information as well. The site features the public tax records of a number of great foundations that issue grants because these records are a matter of public record. These numbers can also assist you in formulating your approach, as it is a bit easier to do when you do know what a charitable foundation has done in the past. Looking at the history of giving can give you insight into how often and how much the foundation contributes to organizations or individuals in your particular field.

2. Ask around: If you know of anyone who has received a grant in the past, ask him or her where they received their funding and what the process entailed. In some cases, they may be able to give you the contact name or number they used to help you get your foot in the door. Ask them for advice in your approach and find out how stringent the acceptance process was. For example, if they were turned down multiple times or required to go through a difficult acceptable process, you can either prepare yourself to endure the effort or decide that ultimately, you may want to seek out a foundation that specializes in working with people who have little to no experience in seeking out grants.

3. Purchase a resource book: Visit your local book retailer and search for a resource book on charitable foundations. Some books will provide you with information on submitting a proposal as well as contact names, numbers, Web sites, address and more. You can then find charitable donations that fall in your category and approach them first. Moreover, you will have a list at your fingertips that you can refer back to at any time.

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All of these are great ways to find a foundation that issue charitable donation, however, going online to sites like Noza Search is preferable as they are able to update information as it changes. This way, you know when a foundation has changed its method of donation or is no longer issuing grants. For additional information on Charitable Donations currently issuing grant money and the information you need to approach them, visit www.nozasearch.com.

Article Source: ArticlesBase.com – How to Search for a Charitable Foundation

AgelCares Supports Jann Henry Helping Burned US Servicemen