Support People Hurricane Helene Georgia Homes Damaged
Opulent Philanthropy Inc. - Supporting Education
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 Georgia:
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 has access to food and shelter.
$100 can contribute to debris removal efforts, making neighborhoods safe and accessible again.
We also accept DAF, Stock and Cryptocurrency on our website www.opulentusa.org/Georgia
Reminder: Employees submit match request for monetary donations. If your employer requires an Employer Identification Number (EIN) 45-3088713
ATLANTA — More than 1,000,000 people across the state are without power on Friday morning.
According to Georgia Power’s outage map, more than 706,392 of their customers are experiencing an outage as of 8:15 a.m.
In metro Atlanta, DeKalb, Fulton and Gwinnett counties are the hardest hit. More than 39,600 in DeKalb County, more than 23,100 in Fulton County and more than 12,000 in Gwinnett are currently without power.
The Augusta and Savannah areas are also experiencing major power outages. In Columbia and Richmond counties near Augusta, more than 143,500 Georgia Power customers are part of an outage.
In Chatham County, which includes Savannah, more than 161,300 customers don’t have power in their homes.
Georgia EMC incorporates several smaller power companies across the state. They say 438,174 of those customers are without power, including 60,000 in metro Atlanta.
In total, at 1,144,566 Georgians are experiencing power outages.
There is no word on when power may be restored.
Support People Hurricane Helene Georgia 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.
Our Impact
Find out how Opulent Philanthropy Inc. has made a difference in the community and the lives of those we serve. We are committed to creating lasting change.
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 Apalachee High School Student Massacre Georgia
Supporting Opulent Philanthropy Inc. Means Supporting Your Community
We are a nonprofit organization dedicated to serving the needs of our local community. From providing assistance to victims and families during acts of violence. 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.
Georgia's Apalachee High School Shooting Relief Fund:
Every contribution, big or small, will bring much-needed assistance to families during this sad day.
Here's how your donation can help:
$50 can provide financial assistance toward student's medical bills and supplies.
$100 can provide financial assistance toward to families needing help with funeral expenses.
$300 will provide mental help support for the students.
We also accept DAF, Stock and Cryptocurrency on our website www.opulentusa.org/georgia
An investigation continues into the deaths of four people and wounding of nine others in a high school shooting in Winder, Georgia, on Wednesday morning. A 14-year-old suspect, a student at the school, is in custody.
Two students and two teachers were killed, said Georgia Bureau of Investigation Director Chris Hosey at a news conference Wednesday afternoon. They have not yet been identified. It's unknown if there were connections between the victims and the shooter.
The suspect was identified as Colt Gray, officials said. He will be charged with murder.
The shooting at Apalachee High School reportedly started at about 10:20 a.m. Law enforcement officers responded, and the school was placed on lockdown.
The suspect was taken into custody after being confronted by law enforcement, said Barrow County Sheriff Jud Smith.
Here is what we know so far about the shooting.
8:30 a.m.:First-period class begin.
10-10:30 a.m.: Sophomore Alexsandra Romero says she was in her second-period class when another student barged in yelling for everyone to get down, the Atlanta Journal-Constitution reports.
10:20 a.m.: Law enforcement begins receiving calls about an active shooter, Hosey says in a news conference.
10:23 a.m.: Law enforcement officers are dispacthed to the school.
10:45 a.m.: The school sends this message to parents: “Apalachee High School is currently in a hard lockdown after reports of gunfire. Law enforcement is here. Please do not attempt to come to the school at this time while officers work to secure the area.
11 a.m.: Heavy police presence seen on school property.
11:20 a.m.: Students are evacuated to the football field behind the school.
11:56 a.m.: One 14c year old student suspect is in custody, Barrow County Sheriff’s Office reports.
2:13 p.m.: In an update, we learned four people were killed, and nine were hospitalized with injuries.
Our prayers go out to the students' teachers and families.
Support Students Apalachee High School Massacre Georgia
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. Opulent Philanthropy Inc. International 501 (c)(3) Charity, Disaster Relief
- 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