You can help us end this year with a BANG by participating in our end-of-year donation match, your last chance of the year to DOUBLE your impact! Each online donation made between December 28-31 will be doubled up to a total of $100,000, thanks to a matching grant made possible by the George S. and Dolores Doré Eccles Foundation.
Your gift will help feed twice as many of our neighbors in need.
With your doubled gift, we can provide twice as many meals for kids at our pantries located inside schools along with our Mobile School Pantry. Twice as many meals delivered to homebound seniors and disabled clients. Twice as many holiday meals for families in our communities facing hunger. 410,000 Utahns don’t always know where their next meal is coming from. 1 in 7 children might go to bed hungry tonight. These statistics illustrate the magnitude of the hunger, but with supporters like you, we can fill more tummies and continue fighting hunger statewide.
Remember, if you are looking for a 2021 tax deduction, you must donate before midnight on December 31. You can make a credit card donation until midnight on December 31, while if you’re mailing in a contribution, make sure it has a 2021 postage date. If you prefer to drop off a donation at our Salt Lake or St. George warehouses, please remember that we close at 5:00 pm on December 30.
A donation match is a great way to maximize your gift to Utah Food Bank! Below are some other tips to help you make the most of your charitable contribution. Giving before the end of the year can benefit your community AND you!
- Utilize the CARES Act. In addition to stimulus checks and other financial assistance, did you know that the CARES Act provides extra benefits to donors this year? Taxpayers can take a deduction for up to $300 (or $600 for a married couple filing jointly) in charitable contributions, and the benefits are even more significant if you itemize.
- Give stock or Mutual Funds. Do you have highly appreciated stock? You may be able to donate it and receive a charitable deduction for the current value AND avoid capital gains tax on the appreciation. Stocks and other appreciated assets like Mutual Funds can take some time to transfer, so please contact us today!
- Be tax-smart with your IRA. If you are 70½ or older, you can direct all or part of the IRS’ required annual minimum distribution (up to $100,000) from a traditional IRA to a nonprofit. You’ll reduce your taxable income while simultaneously benefitting our community.
- Donate Crypto! Did you know that we now accept multiple cryptocurrencies that we can convert into funds to help feed Utahns facing hunger? Furthermore, donating cryptocurrency is considered by the IRS to be a non-taxable event, meaning donors are not responsible for taxes on capital gains on the appreciated amount, and it is tax-deductible. FIND OUT MORE.