Adding Life to Years Online Auction

The auction will open for bidding on Friday, September 25 at 6:00 a.m. and close on Sunday, October 4 at 11:59 p.m. Proceeds to fund PPE and other COVID-19 related expenses to keep residents and staff safe at Aldersbridge Communities’ four locations throughout Rhode Island: Linn Health and Rehabilitation (East Providence), Winslow Gardens Assisted and Independent Living (East Providence), Arbor Hill Assisted Living (Providence) and St. Germain Assisted Living (Woonsocket).

Thank you to our Sponsors:

Silver:

 

    

 

Bronze:

BankRI
blumshapiro
Brennan, Recupero, Cascione, Scungio, McAllister LLP
CVS Health
Employee Community Services Association, General Dynamics Electric Boat Quonset Point
Neighborhood Health Plan of Rhode Island
PharMerica

If you want to showcase your business with a donation joining Starkweather & Shepley and BayCoast Bank, click the tab below to learn more about our advertising opportunities.

Call Elise Strom at 401-438-4456 or email estrom@aldersbridge.org to support the auction.

The new Coronavirus Aid, Relief, and Economic Security (CARES) Act, passed by Congress recently, offers 3 charitable giving deduction opportunities for donors:

1. Universal Charitable Donation: Whether you itemize or not, this provides for a deduction of up to $300 in cash. If you make a donation to Aldersbridge Communities in the year 2020 or after, you will not have to pay taxes on it. Gifts made are eligible for above-the-line-deduction on your tax return, in addition to the standard deduction.

2. Cash Contribution Caps Lifted: Donors who itemize can give more as a percentage of their adjusted gross income and still benefit from a tax deduction. The percentage limitations for cash gifts are relaxed/suspended, so 100% of your AGI can be deducted for 2020.

3. RMDs Suspended: Required minimum distributions (RMDs) from qualified retirement plans, including IRAs, are suspended. There will no longer be a $100,000 limit on the amount allowed to transfer to charity from your IRA. You can sell assets (above the amount of RMD) and distribute/donate to a charity like ours in cash – and realize an offsetting income tax deduction for the full amount.

Please show you CARE by making your cash gift to Aldersbridge Communities today. 

Adding Life to Years Online Auction

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