Supporting the Young Men of Forsyth County
An introduction to Bald Ridge Lodge
Imagine aging out of foster care and having nowhere to go – a harsh reality faced by 20% of foster youths who become homeless the day they age out. Additionally, 25% of these children continue to suffer from the direct effects of trauma, and only 11% of Georgia's foster children graduate high school. These staggering statistics highlight the urgent need for community support and intervention.
This is where Bald Ridge Lodge (BRL) steps in. The mission of Bald Ridge Lodge is to provide safe and stable support to young men through its Group Home, Independent Living Program, and Community-Based Services. BRL nurtures these young men, strengthens healthy relationships, and aids them in their transition to adulthood. This mission is accomplished through strong partnerships with caregivers and a community dedicated to caring for its own.
As a local business new to the market, your support for Bald Ridge Lodge can make a profound difference in the lives of these young men. By donating to BRL, you are not only contributing to a brighter future for these young men but also fostering a stronger, more compassionate community. Plus, there are financial and tax advantages to making a charitable donation.
The impact of giving
Supporting Bald Ridge Lodge is more than a charitable act; it’s a commitment to changing lives. The profound impact of your donation goes beyond financial support – it touches the hearts and futures of young men who have faced significant challenges.
Here is just one personal story:
"You guys were my home at a crucial point in my life. All of you helped me grow so much. I’m just becoming a functioning adult – dare I say it, a man. I am thankful for all of you who helped raise me.”
This is a powerful reminder of the transformative role Bald Ridge Lodge plays in the lives of the young men it serves. Your support can help create more stories like this, where young men find stability, guidance, and the chance to build a better future.
There are significant long-term benefits
The impact of your donation extends far beyond immediate needs. By supporting Bald Ridge Lodge, you’re helping to break the cycle of trauma and instability that many of these young men face. Donations fund programs that teach essential life skills, provide educational support, and offer mental health services. These resources are critical in helping these young men transition into adulthood as confident, capable individuals. Your support ensures that they have the tools they need to succeed, ultimately leading to a more stable and prosperous community.
By donating to Bald Ridge Lodge, you’re making a meaningful difference in the lives of young men who need it most. Your contribution not only provides immediate assistance but also lays the foundation for a brighter future for these young men and the community as a whole.
Are there tax deductions for my business?
When you donate to a qualified charitable organization like Bald Ridge Lodge, your business may be eligible for a tax deduction. According to the IRS, contributions to 501(c)(3) organizations are tax-deductible. This includes monetary donations, as well as donations of property or stock. The IRS specifies that businesses can generally deduct contributions up to 10% of their taxable income. For individual donations, the limit is higher, at 60% of adjusted gross income (AGI) for cash contributions.
For more detailed information, refer to IRS Publication 526 (Charitable Contributions) and IRS Publication 561 (Determining the Value of Donated Property).
There are specific financial incentives and programs that businesses can leverage when donating to charities like Bald Ridge Lodge:
Enhanced Deductions for Food Inventory Donations: If your business donates food inventory, you may be eligible for an enhanced deduction. This deduction allows you to deduct the lesser of twice the basis value of the food or the basis value plus half the fair market value above the basis value. This is particularly beneficial for businesses in the food and beverage industry.
Deduction for Donated Services and Out-of-Pocket Expenses: While you cannot deduct the value of time or services donated, any out-of-pocket expenses related to volunteering at Bald Ridge Lodge can be deductible. This includes mileage, supplies, and other direct costs.
Carryover Provisions: If your donations exceed the deduction limits, you can carry over the excess amount to future tax years. This ensures that you can maximize the tax benefits of your charitable contributions over time.
Ways to donate
One-Time Donation: You can make a one-time donation online using a credit or debit card. This straightforward method allows for immediate impact and can be done through the Bald Ridge Lodge donation portal.
Recurring Donation: Join the Lodge Legacy Society by setting up a recurring donation. This ensures continuous support for Bald Ridge Lodge, helping them plan and execute long-term programs and services. Recurring donations can be easily set up online.
Donate by Mail: For those who prefer traditional methods, donations can be mailed to Bald Ridge Lodge at 505 Lakeland Plaza #302, Cumming, GA 30040. This option is particularly convenient for businesses managing multiple charitable contributions.
Partnership Opportunities
Stock Donations: Donating appreciated stocks, bonds, or mutual funds can provide significant tax benefits, including exemption from capital gains taxes. This method can be advantageous for businesses looking to maximize their tax deductions while making a substantial contribution. Contact Bald Ridge Lodge to learn more about this giving opportunity.
Planned Giving: Leave a lasting legacy by setting up planned giving arrangements. Charitable bequests ensure that your support for Bald Ridge Lodge will continue for generations, helping to empower young men and transform families long into the future.
Contact Information
For more details or to discuss specific partnership opportunities, contact Bald Ridge Lodge at:
Call Wendy: 770-887-1220 extension 110
Email Wendy:whamilton@baldridgelodge.org
