We are 1/3 of the way through the charity drive, and here is where we stand as of last night.
|Against Malaria Fund||5370|
|Liberation Prison Yoga||20|
|Mass Bail Fund||100|
Note that the Open Philanthropy project is not currently seeking donations, and that I have removed them from the list.
Last night I had a very interesting phone call. A philanthropist not involved in the poker world happened to come across my charity drive. He said that if my $175,000 got filled, he would be willing to match an additional $125,000 to 350.org, Against Malaria, Give Directly.
Right now, I am unsure if this is a reasonable goal, but I would like to try.
Ways You Can Help Me!
- A lot of people have expressed interest in donating but have not gotten around to it yet. I know it is tempting to wait and see how the rest of the year goes, but it would be helpful to me to have a better sense of how far we along we really are. I am also hopeful that if we were making good progress perhaps other people would get involved on the matching side.
- Help get the word out, especially in groups that may not have gotten exposed to this. It is peak time for DFS, I would really appreciate any podcasts/websites advertising this for me. I won’t be at the DK Live Final in NYC next month but would love if it were mentioned!
- Please stop asking me to fund other projects. I would like to but it’s just not feasible at this time 😦 And on that note I would also appreciate if people would stop trying to scam me!
I Believe it is a Particularly Efficient Time for Americans to Donate to Charity
Disclaimer: I am not a tax professional and don’t actually know what I’m talking about.
Let’s go out on a limb and say Trump follows through on some of the things he has said.
1) If tax rates were to drop, it would mean you get less of a write off in future years.
2)Trump might itemized deductions at $100,000 per year.
In addition, the Trump Plan will cap itemized deductions at $200,000 for Married-Joint filers or $100,000 for Single filers.
This is a hard cap on the amount you can donate, and write off. This could be relevant in a lot of cases, most obviously to me if you live in a state with state taxes, are an amateur gambler writing off gambling losses, or are paying off your mortgage.