Faith Hope & Charity   

 

Abilities Foundation Newsletter
  October 2013
Tax-wise Planning Tip...  
Year-end gifts of stocks vs. cash  

We hope you'll consider a year-end gift to the Foundation. Gifts of cash are fully deductible up to a maximum of 50% of your adjusted gross income. And we always welcome cash contributions. However, if you donate stocks or other assets that have gone up in value and you've owned them for longer than 12 months, it's generally more beneficial to contribute stocks than cash. This is because a gift of appreciated stock offers a two-fold tax-savings: first, you avoid paying any capital-gains tax on the increase in value of the stock; second, you receive an income-tax charitable deduction for the full fair-market value of the stock at the time of the gift. For more information, consult your tax advisor or call Frank De Lucia at 727-600-8900 and seek the guidance of professionals on the Foundation's Planned Giving Advisory Council. Click here for more tax-wise planning tips.    

 

Join us for the Zonin and Noble Wine Estates Tasting at Pic Pac October 4th 

  
Pic Pac owner Mahesh Gadhia opens his heart and store to the Foundation 6-8 pm Friday, Oct 4th for yet another can't miss VIP wine tasting in St. Petersburg, FL! For a mere $15, patrons will sample appetizers and some of the finest juice Casa Vinicola Zonin (including world-famous Prosecco) and Noble Wine Estates has to offer. The redoubtable Jim Bodkin and always irrepressibly pugnacious Lee Neal will join us, along with many of your wine- and Foundation-loving friends. Great opportunity to stock up, as wines will be for sale at discount prices. Many thanks to Mahesh and Lee. Pay at door. Call 727-347-0743 for info. See you Friday night!

 

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T.J.Maxx commits $25,000 to Mall 

 

T.J.Maxx Seminole store manager

Bill Bragg visited the Foundation and presented the first of five $5,000 annual contributions that T.J.Maxx and The TJX Foundation will make in support of the Veterans Mall. On hand were Foundation officials, Mall founder Virginia Meyer, the current and three past Guild presidents, and ServiceSource Warrior Bridge officials. "This is only the first step in our relationship," said Bill (shown with Virginia at right). "There is much more we intend to do, including placing Veteran Mall donation boxes this Holiday Season at all three area T.J.Maxx stores." T.J.Maxx will also consider hiring our veterans, donating store fixtures to the Mall, and putting ServiceSource in contact with store managers in Fayetteville, North Carolina, where U.S. Army Fort Bragg is home of the Airborne and Special Operations Forces. Filming and airing the check presentation on its evening telecast was WTSP TV 10

Jersey Mike's opening best of three        

For 11 consecutive days, customers packed Jersey Mike's Subs in  Clearwater with gift cards in hand for a free sub in exchange for a $1 donation to the Foundation. The promotion was the brainchild of franchisee Jamie Connolly, who wanted to align his newest business venture with a reputable charity. Lisa Johnson and Guild volunteers worked diligently to distribute cards and encourage support. And their efforts were rounded rewarded, as $2,400 was raised to benefit the Veterans Mall. Jamie beamed as he presented the proceeds check to Foundation and Guild officials. "Out of my three store openings, that was our highest total," he said. "That only happens when the organization does a great job of promoting it. Thanks for being such a great partner, and let's make sure we can do more together in the future. Hopefully that will go a long way in getting some supplies for the Mall!" Click here for photos.

Suncoast charity car show dazzles     


The 1st Annual Suncoast Speed & Custom Car Show benefiting the Abilities Foundation and Veterans Mall
dazzled gearheads and car enthusiasts alike. Classics, customs, hot rods, cruisers, and fire-breathers filled three lots, amazing onlookers with head-turning rides from the 1920s to a 2014 Ferrari. This successful first-timer netted $2,000 and will encore in six months. Many thanks to Mike Murphy and Glenn Ramdas of Suncoast Speed &  Custom Cars, The Home Depot, Ferrari of Tampa Bay, Family Dollar, Advance Auto Parts, Tarpon Tavern, Mark's 50s and 60s Rock & Roll Show, quality cars, terrific prizes, great car-tunes, and charity-minded volunteers. Click here for photos.   
Fayetteville Veterans Mall under way

ServiceSource program manager Betsy Torsell reports that U.S. Marine Mathew Brown was the first combat-wounded warrior to benefit from the new North Carolina Regional Office's Veterans Mall. Fashioned after our Abilities Guild Veterans Mall, it distributes kitchen, bathroom, and bedroom essentials to veterans free of charge. Mathew and his wife and two young children had just moved into a new single-family residence in Fayetteville courtesy of the Homes for Heroes project. Nice to know the 'Mall' concept has been replicated in North Carolina and is well on its way to helping veterans transition from military to civilian life.


Foundation Fundraising Event Calendar    
 

Oct 3 - Spanish Winemaker Meet & Greet and Dinner at Sea Dog Brewing Company, Clearwater
Oct 4 - Rocktober to Remember VIP Wine Tasting at Pic Pac The Wine Source, St. Petersburg
Nov 7 - ServiceSource Annual Awards Luncheon at St. Pete/Clearwater Marriott

Nov 14 - Abilities Guild Pig Roast at Tom and Joni Cleary Residence in Largo  

Call 727-600-8911 for information