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Charity Begins At Home &
3 Ways To Save $$$ When donating to 80-20 EF
[1] For those whose stocks have gained huge appreciation.
Donate such stocks in the money value that you wish to contribute instead of a check. You save tax payment in 2 ways. (1) You don't pay "Capital Gains" tax on the large appreciation. (2) You may still deduct the full market value of the stock in your IRS filing.
To donate stocks to 80-20 EF, you need the information below:
Name of our brokerage - TD Ameritrade
Our account name - 80-20 Educational Foundation
Our account number - 884811369
Our DTC number - 0188
Person representing the stock: S. B. Woo
Our EIN: 20-2391770
[2] For those who have retired, and who have IRA*:
To donate a part of your IRA in the money value that you wish to contribute. You save tax payment in 2 ways. (1) You don't pay "Capital Gains" tax on the
increased value in your IRA. (2) You may still deduct the full value of the IRA in your IRS filing.
To donate IRA to 80-20 EF, just ask your bank to send a check
payable to 80-20 Educational Foundation, and post it to
S. B Woo
939 Beach Dr., NR, Apt. 910
St. Petersburg, Fl. 33701
[3] For those who are very wealthy:
For anyone with an estate worth more than $11.58 million, bequests** to 80-20 Educational Foundation can be used to offset the need to pay federal estate tax. For details, please consult your lawyers and accountants who are welcome to call EF for related info.
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80-20 is Hiring Again!
Our last hire is working out great. We are now looking to hire one more to gradually make 80-20 a world-class AsAm political institution.
Big Attractions of This Job:
a) You get paid above-market-salary while you serve the AsAm community;
b) You work in cyberspace: no need to relocate; no need to commute;
c) Exceptional upward mobility; and
d) Job title and salary depend on your qualifications. There is no upper limit.
Click here for more details about this job such as "requirements of this job", "background of 80-20" and how to apply. Please spread the word that 80-20 is hiring and encourage the best and the brightest to apply. We need the best staff to empower 80-20, which in turn will empower YOU.
S. B. Woo
President and a volunteer for the past 22 years
80-20 Educational Foundation, Inc, a 501 C-3 organization,
Lieutenant Governor of Delaware (1985-89)
*I want to thank Kim Tang who made a generous donation to EF using his IRA rollover and suggested that I publicize this tax saving way to donate.
** 80-20 wishes to use this opportunity to thank once more for a bequest of $156,240.00 from Hao Hoang, LA, CA
