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We are a nonprofit organization dedicated to serving the needs of our local community. We are providing food and shelter to those in need after the Tennessee 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.
Tennessee Disaster Relief Fund: We have provided shelter and over a million meals during these disasters.
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:
$50 can provide a care package with essential supplies for a family in need.
$250 can help ensure a family displaced by the flood has access to food and shelter
$1,000 can help ensure a family displaced by the flood has long term access to food and shelter.
We also accept DAF, Stock and Cryptocurrency on our website www.opulentusa.org/tennessee
Reminder: Employees submit match request for monetary donations. If your employer requires an Employer Identification Number (EIN) 45-3088713
Employees typically submit their donations for matching through their company’s Human Resources (HR) department or a designated Corporate Social Responsibility (CSR) department. Some companies may have specific forms or online platforms for requesting a match, so it’s best to check the employee handbook or company’s internal website for detailed instructions.
Flooding and damaging wind and tornado alerts issued for Middle Tennessee. The National Weather Service issued a tornado watch for Nashville, other areas of Tennessee and Kentucky effective through 1 a.m. Sunday. The National Weather Service issued an update after 6:30 p.m. Saturday on social media cautioning that a few tornadoes are possible, along with isolated ping-pong ball size hail and scattered wind gusts up to 70 mph for Nashville, Dickson, Murfreesboro, Columbia, Lawrenceburg, Clarksville and Portland. Parts of Middle Tennessee, particularly to the west, experienced flash flooding Saturday. By nightfall, the National Weather Service extended the flash flood warning for Dickson, Waverly and White Bluff until 11:45 p.m. and for Clarksville, Dover and Tennessee Ridge through midnight. "With all of the rain we've had in recent weeks, we were bracing for a significant flash flooding event," Clarksville Mayor Joe Pitts said in a news release issued Saturday. "Today, unfortunately, it happened, bringing challenges through our city." The city's street department prepared throughout the week by placing about 1,000 sandbags as well as barricades in areas where the city historically has experienced flooding. The mayor said street department workers joined police and fire personnel to respond to flash flooding to keep people and structures safe. The rivers with the greatest flooding risk are rivers north and west of Nashville, especially the Red River. It is forecast to reach major flood stage and portions of the Cumberland River are expected to reach minor flood state and Clarksville and Dover.
The year’s first deadly US tornado struck after dark Thursday, killing two people in a small East Tennessee community as the first of five back-to-back, jet stream-driven winter storms pummeled the eastern United States. Severe weather blasted through Morgan County, killing a mother and daughter in the same home.
Here's how your donation can help:
$25 can provide a care package with essential supplies for a family in need.
$25 can provide shelter to displaced animals by the storm.
$50 can help ensure a family displaced by the storm 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/tennessee
Reminder: Employees submit match request for monetary donations. If your employer requires an Employer Identification Number (EIN) 45-3088713
Tennessee Tornado 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 families in need.
$100 can help ensure displaced families have access to food and shelter.
$1000 can help ensure displaced families have access to food and shelter for the long term.
Three injuries also were reported, the agency said, in a county that is no stranger to deadly and damaging tornadoes. More than a dozen homes were damaged by the storm, county officials said Friday afternoon.“That community in particular is for whatever reason a hotbed for that kind of activity,” county emergency management spokesperson Aaron Evans said. “They’re resilient people … they’ll bounce back.” The Morgan County tornado – with a preliminary intensity of EF2, according to the National Weather Service – slammed the small communities of Deer Lodge and Sunbright around 8:27 p.m. and caused “severe property damage,” according to the county. The twister in Deer Lodge had a maximum wind speed of 135 mph, a weather service survey team found – just 1 mph shy of EF3 strength, to which it still could be upgraded. More than 100 emergency responders were deployed in the county, the emergency management office said, including dozens from a Tennessee Highway Patrol strike team, who will “look for any people that are missing, and we assist in any way we can,” said state Highway Patrol Capt. Stacey Heatherly.
Our organization is committed to supporting education by providing scholarships, mentorship, and resources to students from low-income backgrounds. We believe that education is the key to breaking the cycle of poverty and creating a brighter future for all. Through our partnerships with schools and community organizations, we work to ensure that every student has the opportunity to achieve their full potential. Join us in our mission to make education accessible to all!
Opulent Philanthropy Inc. 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.
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 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.
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.
Thanks to the support of our community, we have been able to make a significant impact over the years. Learn more about our accomplishments and the positive change we have brought about.
Your donation will help us continue our mission and support our community. Every dollar counts and will make a difference in the lives of those we serve.
Have a question or a suggestion? We're always here to help. Contact us today and we'll get back to you as soon as possible.
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