Stuff the Bus - 2011

The 3rd annual Stuff the Bus event, hosted by Community Storehouse - this year, in a partnership with Community Fellowship - concluded at Walmart this weekend with two school busses full of food and school supplies for our community's needy children. The organization also raised over $1,000 in donations. We'd like to thank the Martinsville City Schools bus division, the community for their loyal support, our volunteers, and Walmart for allowing us to host this event!

Preview our new PSA ...

Community Storehouse is beginning a new video ad campaign.

Preview our first public service announcement ad; the first in a series of six!

Ready for some good tax news?

If you’re age 70 ½ or older –– you may be able to take advantage of an important incentive for charitable giving. Congress has re-authorized the provision that allows donors to make gifts from their IRA accounts to one or more charities, without first incurring income tax on the withdrawal. This means that you can direct that amount to Community Storehouse with no federal income tax liability! The IRA Rollover may provide you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate.


To qualify:

• You must be age 70 ½ or older at the time of gift.
  


• Transfers must be made directly from a traditional IRA account by your plan provider to Community Storehouse. Funds that are withdrawn by you and then contributed do not qualify. Gifts from 401k, 403b, SEP and other plans do not qualify.
  


• Your plan administrator may make the check out to Community Storehouse and mail the check to you. But you must postmark the check to us by December 31, 2011 for the 2011 tax year.
  


• Gifts must be outright. Distributions to donor-advised funds, certain supporting organizations, or life-income arrangements such as charitable remainder trusts and charitable gift annuities are not allowed.

Benefits – Qualified Charitable Distributions:

• Can total up to $100,000;
  


• Are not included in your gross income for federal income tax purposes on your IRS Form 1040 (no charitable deduction is available, however);

Example:

Suppose John has $500,000 in an IRA and he also wants to contribute $20,000 to Community Storehouse. He can authorize the administrator of his IRA to transfer $20,000 to Community Storehouse and $5,000 to himself. The $20,000 distributed to Community Storehouse will not be subject to federal tax and will be counted toward his annual minimum required distribution.

Donate. Volunteer. Advocate.

Did you know,

28% of the people receiving emergency food are children?

Learn more about hunger and poverty in your own community,

and how you can help!

Visit http://www.communitystorehouseofmhc.org/ today!

2011 Feinstein $1 Million Challenge

From March 1 to April 30 all contributions to the Community Storehouse will be partially, proportionally matched by the Feinstein Foundation.

For the 14th year, the Feinstein Foundation is offering $1,000,000 to be spread among poverty-fighting organizations who participate in the Feinstein Challenge. The more money we raise during March & April, the more of the $1 million we receive from the Feinstein Foundation.

Now is the time to give!

Will you help us reach our goal? Remember - the greater your gift amount, the greater the Feinstein contribution to the Community Storehouse. Help us get as much of the $1 million as possible.

Make your tax-deductible donation today!
www.communitystorehouseofmhc.org/money

September 1, 2010 is Lunch Money Day

Nobody in our community should ever go hungry; especially when every $10 donated can provide 20 fresh and nutritious meals for someone in need. You can help us provide life-changing food support for local families simply by donating the equivalent of your lunch money for a day. For many, spending an average of $5 - $10 a day on lunch is not unusual, or a strain on their finances. We support many of whom providing a simple, healthy meal for themselves and their families is an everyday challenge. Brown bag it and donate to make a difference!

Stuff the Bus 2010

Community Storehouse will host the second annual Stuff the Bus event on August 20 & 21 at Wal-Mart in Martinsville. Volunteers will be setup at the entrances to collect school supplies and food to benefit needy children in Martinsville & Henry County. This event is the kickoff for the agency's Food for Kids: School Backpack Program, which plans to serve 1,000 students this year. Stop by Wal-Mart between 9am and 6pm & help us STUFF THE BUS!