Tuesday, May 20, 2008

Tax Rebate: To Give or To Take?

To give or to take? That is the question that some are pondering as they receive their rebate checks now through the end of summer. Approximately 130 million Americans will receive their share of the economic stimulus package payout. So...what to do with our new found wealth?

With gas prices continuing to drain our checking accounts, and milk costing even more than gas per gallon - many are using the check to pay for basic necessities. Some plan to pay down debt or to save the money, and still others are buying electronics or other "wants" instead of "needs".

But what if your needs are met? What if you don't want that flat screen your neighbor has? What if you want your rebate to be more meaningful, to create more impact?

Consider donating your rebate to a charitable organization who is serving a population with great unmet needs. After all, the rebates were not planned - they are really small windfalls that with some careful planning and consideration, could be quite meaningful to someone in need. Your gift may even be deductible for federal and perhaps even state income tax purposes.

Check out the Partnership's Wish List by clicking here and look at our long list of items we need everyday to serve our clients. Call up any one of our programs and ask what their biggest need is and how a small donation could make a difference - or ask to come take a tour and learn more about what we do before considering a donation. Believe me when I say that you end up "taking" every time you "give" - you take a sense of community collaboration and support and the confirmation that you have helped someone build a better life.

It could be that you can't afford to make a charitable donation - but you can still give by volunteering your time and expertise. So, to give or to take? Maybe it's a little bit of both. Let us know how you plan to give.

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