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An online blog for those helping to break the cycle of domestic violence 

Author: Nicole Pettegrew

As 2024 comes to a close, it can be a time of both reflection and generosity. Should you choose to give to Rose Brooks Center, it is also an opportunity to maximize the impact of your giving!
Happy New Year! We bet you thought this title was a mistake. . . but it’s not! While most of us celebrate the new year on January 1st, here at Rose Brooks Center, our fiscal “new” year starts on July 1st.
Your individual gift matters. While Rose Brooks Center applies for over 65 grants each year through foundations, corporations, and government sources, it is the individual gift that fills the gaps remaining.
Now is the time to take advantage of tax savings by donating stock to Rose Brooks Center! If you sell appreciated stock, you generally have to pay a capital gains tax on that value increase.
In addition to the standard benefits of stock giving (there is no capital gains tax to pay on your donation!), the value of the Missouri Domestic Violence Tax Credit is now 70%.
The value of Missouri Domestic Violence Tax Credits is now 70%! The amount of credit a donor can receive has increased from 50% to 70% for all gifts made after July 1, 2022.
Many of our supporters create lasting legacy gifts in their estate plans to support our mission of breaking the cycle of domestic violence.
Did you know that 30-40% of all monetary donations to Rose Brooks Center are received in just the last two months of the year? It’s true!
Rose Brooks Center’s operating budget runs on a fiscal year, starting July 1st annually, and each year we project an income to expense zero balance.
Make 2021 your year to update or create your estate plan, allowing you to plan for the future. You can create the legacy you want to leave, ensuring your family is protected well into the future.
As you consider your year-end gifts or planned giving options, remember there are several ways to help.
The CARES Act is helping donors like you make an even greater impact! 2020 charitable giving got a boost with the new CARES act. If you don’t itemize, you can take up to a $300 deduction for a single taxpayer, and $600 for married couples. This is an “above the line” adjustment to income that will reduce a donor’s adjusted gross income (AGI), and thereby reduce taxable income.

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October is domestic violence awareness month

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