Think of charitable possibilities
It seems everywhere you go you hear or see something about the oil and gas phenomenon that is occurring in and around Columbiana County. Testimonies of property owners getting checks well into the six and seven digits are plentiful. Overnight millionaires make Jed Clampett and the Beverly Hillbillies seem like a modern day reality show. Preparedness is the strategy of the day from jobs, to skills, to food, lodging and housing. I attended a recent luncheon meeting presented by Consumer’s Bank. Increased deposits are a sure sign that leasing and royalty checks are being cashed. Happy days are here again, it would seem.
It is my hope that along with the new found wealth, so too will there be some old-fashioned help-thy-neighbor spirit and support-your-local-charities attitude. While we worry about sufficient infrastructure to support this oil and gas boom, let’s consider the day-to-day social infrastructure provided by numerous local non-profit organizations. From social concerns to the Salvation Army and community foundations to the United Way. Senior citizens, children, the developmentally and financially challenged, 4-H, theater and the arts, nature, history and preservation and abused and neglected adults, children and pets need more support.
Consider a tax-deductible donation to local 501(c)3 non-profit organizations as a strategy to relieve some of the tax consequences of new income. Look for a local option for your charitable giving. Don’t just blindly donate, but ask to see financial records and spending habits, along with a physical inspection of the operation.
Sadly, there are organizations that will take your money that do not have the proper credentials to make your gift tax-deductible. Ask your investment or tax professional for help when evaluating possibilities for your gift of giving.
Please give often. To whom much is given, much is expected.
Jenny Pike, Salem