The Long Road Ahead
“Many donors are struggling financially and that means uncertainty for Peoria Rescue Ministries, too,” said Dan Wolf, Development Director. “The CARES Act offers 2020 tax incentives that support donors in their efforts to give generously and meet their own family’s or business’s needs.”
Peoria Rescue Ministries sees continuing challenges ahead as their donors and volunteers grapple with unemployment, stay-at-home orders and other issues related to the COVID-19 coronavirus pandemic.
“Under stay-at-home orders and social distancing, our volunteer force is no longer able to supplement our staff and services as they did prior to the pandemic,” said Lori Skinner, engagement coordinator for PRM. “This means our staff is working extra shifts or subbing in other areas of service to fill in gaps.”
Peoria Rescue Ministries sees continuing challenges ahead.
PRM’s services could also be challenged due to unemployed donors who must choose between supporting the nonprofit they love and their own loved ones.
The CARES Act, signed into law March 27, includes tax incentives for both donors who itemize and those who take the standard deduction. “The Act also provides tax incentives for businesses who give,” said Wolf. Specific information about the CARES Act and charitable deductions can be found on several national and local websites, including the National Law Review, National Christian Foundation, and Tax Foundation.
“We encourage everyone to talk to their financial or tax advisors before giving,” said Wolf. “And to hold the nonprofits they support to the highest standard of stewardship. Donors are giving sacrificially, so it’s important to know the charities they give to are transparent and efficient.”
To give online, visit this link. Or mail your gift to Peoria Rescue Ministries, 601 SW Adams, Peoria, IL 61602.
Giving Tips for a Pandemic
- Gifts up to $300 are 100% deductible, even for those using the standard deduction. This means donors can deduct up to $300 per year whether they itemize deductions or not. Contributions by cash, credit card or check are eligible; gifts of stock are not.
- The maximum charitable deduction is raised to 100%. Previously individuals could deduct up to 60% of their adjusted gross income (AGI) for charitable deductions of cash (not gifts of stock). The stimulus package allows individuals to deduct up to 100% of their AGI in 2020. This is helpful for donors making major cash gifts, reducing their overall federal tax burden. In addition, donations in excess of AGI may be carried over to future tax filings for up to 5 additional years.
- Corporations have greater incentive to make charitable gifts. Previously, charitable giving for a corporation was limited to 10% of taxable income. The limit has been increased to 25% of taxable income, providing larger charitable gifts a greater tax and philanthropic incentive for business donors.
June 30, 2020
What does it mean to live as God’s Kingdom people during these times of re-opening our social interactions and activities?
"do not be anxious about anything, but in everything by prayer and supplication with thanksgiving let your requests be made known to God. And the peace of God, which surpasses all understanding, will guard your hearts and your minds in Christ Jesus. Finally, brothers, whatever is true, whatever is honorable, whatever is just, whatever is pure, whatever is lovely, whatever is commendable, if there is any excellence, if there is anything worthy of praise, think about these things." (Phl 4:6-8 ESV)
As we ease back into re-opening our social interactions and activities, we can use proactive, thankful prayer to relieve our anxiety and proceed with faith in God’s promises. We can also choose to manage our thoughts by choosing to focusing on those things that are positive instead of negative.
Dealing with authorities over us:
Unless our authorities ask us to choose between obeying a clear command of God or obeying man(Acts 5:27-29), we are called to the following concerning those God has placed in authority:
"Remind them to be submissive to rulers and authorities, to be obedient, to be ready for every good work, to speak evil of no one, to avoid quarreling, to be gentle, and to show perfect courtesy toward all people." [Tit 3:1-2 ESV]
As we ease back into re-opening our social interactions and activities, these are some great words to live by!
If we do feel that a government authority is being unjust, there is no excuse to gossip, criticize, condemn, or complain. However, we have several examples where people of God made respectful appeals through the proper channels:
Esther (Esther 7:1-6, 8:3-6)
Daniel (Daniel 1:8-16)
Paul (Acts 25:8-11)
Concerning disagreement on issues of conscience or debatable matters among believers:
As we ease back into re-opening our social interactions and activities, Romans 14 is a great “love chapter” on how to approach this area by:
- In your own conscience, come to a sense of faith between you and God on how to proceed (Romans 14:22-23)
- Show mutual respect for differences in conscience and not passing judgment on others(Romans 14:4)
- Don’t be a stumbling block to your brother or sister in how you handle your conviction (Romans 14:13)
- Pursue what makes for peace and mutual building up (Romans 14:19)