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Global Family Support Foundation's Commitment to Young Athletes in Low-Income Families. In the world of sports, talent knows no boundaries. Yet, for many young athletes from low-income families, financial barriers can stand in the way of pursuing their dreams. At Global Family Support Foundation, we believe that every child deserves the opportunity to thrive and succeed, regardless of their economic background. That's why we're proud to champion the aspirations of young athletes through our dedicated support programs.
Our commitment to empowering young athletes begins with providing access to essential resources and opportunities. From equipment and training gear to coaching and competition fees, we understand the financial challenges that young athletes and their families may face. Through our support programs, we aim to alleviate these burdens and level the playing field, ensuring that no talent goes untapped due to financial constraints. Moreover, we recognize the transformative power of mentorship and guidance in the journey of athletic development. Through partnerships with experienced coaches, trainers, and mentors, we offer personalized support and mentorship to young athletes, helping them hone their skills, set goals, and navigate the challenges of competitive sports. But our support goes beyond the realm of sports. We understand the importance of holistic development in shaping well-rounded individuals. That's why we provide educational assistance and academic support to young athletes, empowering them to excel both on and off the field. Whether it's tutoring services, scholarship opportunities, or career counseling, we're committed to nurturing the potential of young athletes beyond their athletic pursuits. Furthermore, we believe in the power of community and collaboration in fostering success. Through networking events, workshops, and community outreach programs, we connect young athletes with mentors, sponsors, and peers who share their passion for sports and can offer invaluable support and guidance along their journey. As we witness the dreams and aspirations of young athletes come to life, we're reminded of the profound impact of our collective efforts in creating opportunities for success. Through our unwavering commitment to empowering young athletes from low-income families, we're not just investing in their future but also in the promise of a more inclusive and equitable world. Join us in supporting the dreams of young athletes as we continue to champion their potential and celebrate their achievements. Together, we can empower the next generation of champions and inspire a legacy of excellence that knows no boundaries.
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What Can I Deduct?
The IRS allows taxpayers to deduct any cash or property donations made to qualified 501(c)(3) organizations. This includes donations made through payroll deductions, as well as donations of appreciated securities or real estate. It's important to note that, in order for a donation to be deductible, it must be made directly to the organization and not through a third-party such as GoFundMe or Kickstarter. Additionally, the IRS imposes limits on the amount that can be deducted in any given year. For cash donations, the limit is 60% of your adjusted gross income (AGI). For property donations, the limit is 30% of your AGI. However, any excess donations can be carried forward and deducted in future years until the total amount donated reaches the AGI limit for that year. Donate Now! If you're looking for a way to reduce your taxable income and help out a worthy cause, look no further than donating to a 501(c)(3) nonprofit organization. Not only will you feel good about giving back, but you'll also get some great tax benefits in return. So why wait? Donate today! Of course, before making any decisions, please consult with a tax professional to ensure that you are taking advantage of all available deductions. Happy giving! As we close out another year, now is the perfect time to take advantage of tax deductions by donating to Global Family Support Foundation - A 501(c)(3) nonprofit organization. All donations are tax-deductible and go towards supporting families in need around the world. Give today and not only will you feel good about helping others, but you'll also get some great tax benefits in return. Consult with a tax professional to ensure that you are taking advantage of all available deductions and happy giving! |
Global Family SupportOur mission is to work directly with families in need and provide quality educational and living charity services. Archives
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The Global Family Support Foundation is a registered 501(c)(3) nonprofit corporation in the United States. As such, we are committed to our mission and all donations made to our organization are tax-deductible to the fullest extent permitted by law. We adhere to the highest standards of transparency, accountability, and governance to ensure that our donors' contributions are utilized effectively to support our initiatives and programs. Global Family Support Corporation N20000012708. All rights pertaining to its activities, materials, and intellectual property are reserved.