Jan
16
2008
Want to give a show of support outside making a comment? If you’ve read the Newsweek report by Paul Tolme, the ferrets whose “closest relations are European ferrets and Siberian polecats” are an endangered species. Nora Roberts and the Smart Bitches have put together a wonderful sort of “pay it forward” campaign. If you give money to the Defenders Wildlife, Nora Roberts will match your donation up to $5,000.00. Yes, I did not hiccup when typing those 0s.
Deets at the SBTB site.
what a great idea. :)
Whoo-hoo let’s bankrupt Nora!
Great Idea!
(Lol at Jayne- I think it would take more than a few ferrets to do that! ;-))
I donated, but I’d rather also donate to some sort of charity that helps Native Americans reclaim their heritage. Anyone know of one?
-becca
Nora is just such a class act. What a wonderful way to make good come out of what has been a tough couple of weeks.
How to really bankrupt Nora–donate stocks!
If you donate appreciated stock to a legit charity, both the Canadian (Revenue Canada) and US (IRS) tax agencies do not realize the appreciation as a capital gain. A quick and dirty example: You donate $1000 of stocks that only cost you $700 when you originally purchased them. The charity receives $2000 (NR is matching your donation) and you get a tax receipt for $1000–but it only cost you $700 and you don’t have to pay the capital gains tax on the $300 appreciation!
Okay, minor correction: In Canada, before the provincial credit, that $1000 stock donation would only cost you $437.50 because the federal government would give a $262.50 tax deduction.
I don’t know what the tax deduction would be in the US because I’m not entirely familiar with the IRS.
They’re very cute, those ferrets.
Bring it on!
Everybody rocks and the ferrets win. So far, people have donated $2200 dollars to be matched by Nora Roberts. And there’s still lots more time to make your donations.