Support People Hurricane Helene Carolina Homes Damaged
Join Opulent Philanthropy Inc. in Changing Lives
We are a nonprofit organization dedicated to serving the needs of our local community. From providing food and shelter to those in need. We are committed to making a positive impact on the lives of those around us. By supporting Opulent Philanthropy Inc., you are supporting your community and helping to build a brighter future for all.
Hurricane Relief Fund North and South Carolina:
Every contribution, big or small, will bring much-needed assistance to families struggling in the aftermath of this disaster.
Here's how your donation can help:
$25 Will provide a care package with essential supplies for a family in need.
$150 Will help ensure a family displaced has access to food, water and shelter.
$1000 Will contribute to debris removal efforts from homes, making damaged homes safe and accessible again.
We also accept DAF, Stock and Cryptocurrency on our website www.opulentusa.org/carolina
Reminder: Employees submit match request for monetary donations. If your employer requires an Employer Identification Number (EIN) 45-3088713
Hurricane Helene’s heavy rain flooded roads and forced businesses to close in western North Carolina.
Cary Fire Department’s Swiftwater Rescue Team is one of several local emergency teams deployed to Western NC to help out. Captain Craig McDowell, who is part of the Cary Fire Department’s eight member Swiftwater Team in Caldwell County, said their biggest concern is flash flooding.
In central North Carolina, wind will be the biggest concern Friday. Duke Energy’s Jeff Brooks said with all the rain seen recently, the ground is already saturated. Brooks said crews will be ready to respond to any overnight outages. With the more severe storms to the west, crews are staging in Charlotte and Upstate South Carolina.
South Carolina reports second storm-related death after tree falls on house
Another person in Anderson, South Carolina, died Friday morning in a second fatality attributed to severe weather conditions from Tropical Storm Helene in the state.
The victim died after a tree fell on a home, according to the Anderson County Coroner’s office.
Spokesperson Alyssa Whitfield said the coroner’s office was en route to the second death involving a tree falling onto a residence. Details about the victim were not immediately available.
This is the second reported storm fatality in the state of South Carolina. At least 23 Helene-related deaths have been reported across four states.
Floodwaters continue rising and carrying heavy debris in Asheville
Within hours, floodwaters have gone up several feet in Asheville, North Carolina, inundating cars and pushing large debris through the city, as seen by CNN’s Isabel Rosales.
“With this particular type of flooding, what makes it so tricky is that even when the rain has gone away, as we’re seeing right now, it has really eased up, this flooding is just going to get worse and worse, because all of this water has to go somewhere,” Rosales said.
About 10 miles from the city center, the Swannanoa River has surged to major flood stage. The river, which is normally about 2 to 4 feet deep, surpassed 20 feet on Friday and reached a new record today.
“We could see that the storm drainage system was taken ahead, clearly, overwhelmed by all of this water,” Rosales said, adding the situation will continue to get worse.
Our organization is dedicated to providing hope and support to those who need it the most. We believe that everyone deserves a chance to live a fulfilling life, and that through our efforts, we can make a real difference in the world. Join us in our mission to change lives and make a lasting impact on the world.
Support People Hurricane Helene South and North Carolina Homes Damaged
How To Donate: Cryptocurrency, Stock, and Donor Advised Fund
Donating With Cryptocurrency
Donating with cryptocurrency is a straightforward process. Here’s a step-by-step guide:
1. Choose the Charity
Look for organizations that accept cryptocurrency donations. Many nonprofits have begun accepting Bitcoin, Ethereum, and other cryptocurrencies. We accept many more.
2. Check Accepted Cryptocurrencies
Supported Coins: Confirm which cryptocurrencies the charity accepts. Common options include Bitcoin (BTC), Ethereum (ETH), and others.
3. Set Up a Cryptocurrency Wallet
Wallet Options: If you don’t already have a cryptocurrency wallet, choose one that suits your needs. Options include:
Software Wallets: Apps or desktop software (e.g., Coinbase, Exodus).
Hardware Wallets: Physical devices for enhanced security (e.g., Ledger, Trezor).
Web Wallets: Online platforms (e.g., Binance, Kraken).
4. Purchase Cryptocurrency
Buy Cryptocurrency: If you don’t have cryptocurrency, purchase it through a cryptocurrency exchange or broker using fiat currency (USD, EUR, etc.).
5. Make the Donation
Obtain the Charity's Wallet Address: This is usually provided on their donation page. It’s a long string of letters and numbers.
Initiate the Transfer:
Open your wallet and select the option to send or transfer cryptocurrency.
Enter the charity's wallet address and the amount you wish to donate.
Review the transaction details carefully to ensure accuracy.
6. Confirm the Transaction
Transaction Fee: Be aware that there may be a network fee for processing the transaction, which varies by cryptocurrency.
Confirmation: After sending, you can track the transaction using a blockchain explorer to ensure it was successfully processed.
7. Get a Receipt
Tax Deduction: Some charities provide receipts for donations, which may be necessary for tax deductions. Check if the charity sends confirmation emails or receipts for your donation.
Additional Tips
Privacy: Cryptocurrency donations can offer anonymity but consider the charity's policies on privacy. You can donate to Opulent Philanthropy Inc., anonymously.
Volatility: Be aware that cryptocurrency values can fluctuate significantly, affecting the amount received by the charity.
When you donate cryptocurrency to a qualified charitable organization, you can potentially benefit from several tax advantages:
1. Charitable Contribution Deduction: If you donate appreciated cryptocurrency (held for more than one year), you can generally deduct the fair market value of the cryptocurrency on the date of the donation, rather than your original purchase price. This means you can avoid capital gains taxes on the appreciation.
2. Avoidance of Capital Gains Tax: By donating the cryptocurrency instead of selling it, you avoid paying capital gains tax on any increase in value since you acquired it. This can be a significant tax saving if the cryptocurrency has appreciated substantially.
3. Itemized Deductions: To benefit from the deduction, you must itemize your deductions on your tax return. The total amount of your itemized deductions needs to exceed the standard deduction for your filing status for you to see a tax benefit.
4. Limitations on Deductions: The amount you can deduct may be limited based on your adjusted gross income (AGI). Generally, you can deduct contributions up to 30% of your AGI for donations of appreciated assets.
5. Documentation: It's important to keep records of the donation, including the date, the fair market value of the cryptocurrency at the time of the donation, and any correspondence from the charity.
By following these steps, you can easily contribute to causes you care about using cryptocurrency!
Always consult with a tax professional or financial advisor to understand how these rules apply to your specific situation and for the most current tax regulations.
Donating Stock
Donating stock to a charity can be a tax-efficient way to give, as it allows you to avoid capital gains taxes while also potentially receiving a charitable deduction for the full market value of the stock. Here’s how to do it:
1. Choose the Charity
Select a Qualified Charity: Ensure the organization is a registered 501(c)(3) nonprofit to qualify for tax deductions. Opulent Philanthropy Inc. is registered and qualify for tax deductions 501 c3.
2. Evaluate Your Stock
Identify Stocks to Donate: Look for appreciated stocks that you’ve held for more than one year. This maximizes your tax benefits.
Consult a Financial Advisor: It may be helpful to discuss your options with a financial advisor or tax professional.
Obtain Instructions: The charity will provide you with the necessary details, including their brokerage account information. All information is provided in the donation box at the top of the page, click on the stock tab.
3. Transfer the Stock
Initiate the Transfer: You can usually transfer stock electronically through your brokerage account. Follow these steps:
Contact Your Brokerage: Reach out to your brokerage firm to initiate the transfer.
Fill Out Transfer Forms: Complete any required forms from your brokerage, specifying the charity as the recipient.
Provide Charity’s Brokerage Information: You will need the charity’s brokerage account number and other relevant details.
4. Documentation
Keep Records: Maintain documentation of the stock donation for tax purposes, including:
A copy of the stock transfer request.
Any correspondence with the charity.
A receipt from the charity acknowledging the donation.
5. Tax Considerations
Claim Your Deduction: You can typically deduct the fair market value of the stock on the day of the transfer. Be sure to consult IRS guidelines for any limitations.
Form 8283: If your donation exceeds $500, you’ll need to fill out IRS Form 8283 for non-cash charitable contributions.
6. Follow Up
Confirm Receipt: Ensure the charity acknowledges receipt of the stock and provides you with a written confirmation for your records.
Additional Tips
Check for Restrictions: Some charities may not accept certain types of stocks or may have restrictions on how the funds can be used.
Timing Matters: Consider the timing of your donation, especially around the end of the tax year, to optimize your tax benefits.
By following these steps, you can successfully donate stock to a charity while maximizing your tax advantages.
Donate (DAF) Donor Advised Fund
Donating from a Donor-Advised Fund (DAF) to a charity typically involves the following steps:
1. Check Your DAF Provider's Guidelines: Each DAF provider may have specific procedures for making grants. Review your provider's website or contact them for details.
2. Log into Your DAF Account: Access your account through your DAF provider's online portal.
3. Select the Charity Opulent Philanthropy Inc.: Search for the charity you wish to support. Most DAF platforms have a database of qualified charities. Ensure the organization is eligible to receive DAF grants.
4. Decide on the Donation Amount: Determine how much you want to donate from your fund.
5. Complete the Grant Request: Fill out the necessary forms or grant request online. You may need to provide details about the charity and the amount you wish to donate.
6. Review and Submit: Double-check all the information you’ve provided and submit the grant request.
7. Receive Confirmation: After your request is processed, you should receive a confirmation. The charity will also be notified of the donation.
8. Keep Records: Maintain records of the donation for your tax purposes.
If you're unsure or need assistance, contacting your DAF provider's customer service can be helpful.
Get Involved
There are many ways to get involved with Opulent Philanthropy Inc.. Attend one of our events, become a member, or join a committee. We'd love to have you on board!
Our Impact
Find out how we've made a difference in the community and the lives of those we serve. We are committed to improving the lives of others.
Contact Us
Have a question or want to get in touch? We'd love to hear from you. Contact us today and we'll get back to you as soon as possible.
Support People North Carolina Flood Evacuation
Supporting Opulent Philanthropy Inc. Means Supporting Your Community
We are a nonprofit organization dedicated to serving the needs of our local community. From providing food and shelter to those in need during the Carolina Flood, we are committed to making a positive impact on the lives of those around us. By supporting Opulent Philanthropy Inc., you are supporting your community and helping to build a brighter future for all.
Flood Disaster Relief Fund:
Every contribution, big or small, will bring much-needed assistance to families struggling in the aftermath of this disaster.
Here's how your donation can help:
$25 can provide a care package with essential supplies for a family in need.
$50 can help ensure a family displaced by the fire has access to food and shelter.
We also accept DAF, Stock and Cryptocurrency on our website www.opulentusa.org/carolina
Reminder: Employees submit match request for monetary donations. If your employer requires an Employer Identification Number (EIN) 45-3088713
Floodwater surged into homes, stranded vehicles and forced water rescues in coastal North Carolina on Monday after a tropical storm-like system dumped historic amounts of rain in a matter of hours.
“It’s probably the worst flooding that any of us have seen in Carolina Beach,” Town Manager Bruce Oakley told CNN of the tourist town not far from Wilmington. “We’ve had to rescue people from cars, also some from houses and businesses. "Emergency services fielded dozens of calls for rescue, Oakley added.
Carolina Beach was placed under a state of emergency Monday after a “historic” 18 inches of rain fell there in 12 hours at one station, a once-in-1,000-year rainfall event, according to the National Weather Service in Wilmington. More than a foot of rain in 12 hours was reported elsewhere in the area, a once-in-200-year rain event.
Carolina Beach Elementary School was closed, and students were dismissed early after classrooms started to flood, Oakley confirmed. Law enforcement and fire crews helped take some children home as some routes to the school were impassible due to the flooding, with roads under 3 feet of water.
Lisa and Gary Hollon have had a home in Kure Beach, about 3 miles south of Carolina Beach, for nearly 15 years and never experienced flooding until Monday.
The winds and rain picked up in the early hours of the morning and the first floor of their home experienced “sudden flooding of 4 to 6 inches,” Lisa Hollon told CNN.
“We were not prepared and have never flooded before,” she said. “Many cars were unexpectedly flooded in driveways and along roads.”
In video shared with CNN, the road outside of the home is covered by water as vehicles slowly drive by, causing ripples.
Flooding also ramped up in neighboring Brunswick County where rainfall rates exceeded 4 to 5 inches per hour for a time Monday. The town of Sunny Point picked up more than a month’s worth of rain when over 9 inches fell in just three hours.
The extreme rainfall and flooding is another stark reminder that it doesn’t take a named storm to trigger extremely dangerous conditions. The atmosphere was ripe to unload torrential rainfall, something that’s becoming more common as the world warms due to fossil fuel pollution.
Support People Super Bowl Celebration Shooting
Victim of Violence- Ralph Yarl- Kansas City, Missouri
Victim of Violence
Providing support to Ralph Yarl- Victim of Violence: The man who shot and wounded 16-year-old Ralph Yarl- shot in the head, a Black teen, after the teen went to the wrong home to pick up his siblings will face two felony charges, Clay County attorney Zachary Thompson announced early Monday evening. Two representatives at the Kansas City Police Department detention unit read the man’s booking information. They confirmed the man who was booked on an investigation hold was a White man in his 80s and his home address matches the address where the shooting took place. Ralph has come home from the hospital. Ralph is still struggling with stress from the ordeal but he and his family are happy he lived after being shot in the head. They hope for a full recovery because Ralph is young and strong.
Victim of Violence- Ralph Yarl- Kansas City, Missouri
Our Mission
Opulent Philanthropy Inc. Non Profit
- We provide immediate assistance and long support during natural disasters when people are forced to evacuate and/or their homes are destroyed leaving them in need of shelter, food, or water.
- We support cancer patients who are unable to pay for medical treatments, copayments, or after care assistance that may not be covered by their insurance.
- We support impoverished students who qualify for a higher education but cannot afford to pay tuition through grants and scholarships.
- We support the homeless by providing shelter, food, and water, as more people than ever are living on the streets without the basic necessities to survive.
- Our staff, volunteers, and those we serve work together to provide assistance to those in need due to circumstances beyond their control to empower the most vulnerable among us and improve their quality of life.
Our Mission Opulent Philanthropy Inc. Non Profit