Giving Tuesday
You say you want to change this world
Well, do you really believe in magic?
But you can only change yourself
Don't sit around and complain about it
-- 'Complainer' -- Cold War Kids
According to the LA Food Bank, 1 in 4 of our neighbors is food insecure. Sadly, the global pandemic hurt the most vulnerable among us. Covid has exacerbated our inequality crisis. This past Tuesday marked Giving Tuesday, the global generosity movement. Hamilton Wealth donated $20,000 to the LA Food Bank this week. They serve more than 900,000 people every month, nearly double pre-Covid numbers. Since 1973 they have distributed 1.7 billion pounds of food. They do the hard work of collecting food, storing it, and distributing it to 700 partner agencies with the help of 30,000 volunteers. They’re able to turn $100 into 400 meals! Thank you for helping us provide 80,000 meals to our hungry neighbors.
There is a smart way to give that could potentially reduce your tax bill. Please read Jerry’s recent piece on charitable giving and donor advised funds. You can gift highly appreciated stock and eliminate the taxable gain. Share the Wealth (And Reduce Your Taxes) - Jerry Newman (CFP). You can do something that benefits the less fortunate and help yourself in the process. Reach out to Jerry and consult with your CPA.
We are truly grateful for your loyalty which allows us to be responsible citizens.
On behalf of everyone at Hamilton Wealth…
Thank you!
-randy