Written by Tom Davis on . Posted in Uncategorized.
Written by Tom Davis on . Posted in Uncategorized.
Written by Tom Davis on . Posted in New SSSF.
In this episode, we recap SASP Collegiate Nationals and SCTP International Team Members share their stories of qualifying for their respective US National Teams.
Written by Tom Davis on . Posted in New SSSF, Uncategorized.
In an effort to engage with the public about firearm safety, the The Arizona WildGats, a Scholastic Action Shooting Program (SASP) team, put on a "1st Shots" educational event. This National Shooting Sports Foundation | NSSF-sponsored program creates responsible new firearms owners via training received from experienced coaches and athletes currently participating in the SASP. This shows our mission of youth development through shooting sports reaches beyond our youth organizations and provides positive change in local communities.
Written by Tom Davis on . Posted in New SSSF.
In this episode, we review upcoming events and fundraising efforts for youth shooting sports. Our interview for the episode is with SASP Athlete and Junior Shooter Magazine writer, Abby Jackley. We discuss her first visit to SHOT Show as a media representative and her plans for the future!
Written by Tom Davis on . Posted in Uncategorized.
The final results of the Reload for 2022 campaign are in! We are pleased to have another incredibly successful campaign, which signals strength of support and health of youth shooting sports as a whole. By utilizing far reaching networks, teams throughout the country have set themselves up for success during this current season and for years to come. Participation in the annual Reload campaign is an incredible opportunity that uses multiple mechanisms such as the MidwayUSA Foundation team endowment accounts to compound donations down the line.
This year we saw record-breaking numbers in the bonus races that show the power of tapping into your networks for a huge advantage. Our Total Donation winners, Rio Salado Target Terminators added over $20,000 to their 2021 efforts, netting them a bonus $10,000 to their MidwayUSA Foundation team endowment account. Last year's winners, Williams County Target Busters also improved their totals from last year by over $10,000. Our Unique Donors competition saw teams move the benchmark of what is possible for fundraising through your team's network. Congratulations to our winners, the Greenville Hurricanes who collected fundraising donations from 366 unique donors, nearly tripling last year's record. Our 2nd place team is the Rio Salado Target Terminators who doubled their previous year's efforts and then some! The teams listed above in each bonus competition will be awarded team endowment funding to their MidwayUSA Foundation team endowment account as follows: 1st Place -$10,000 2nd Place- $8,000 3rd Place- $5,000 4th Place- $3,000 5th Place- $2,500 6th Place- $1,500 |
Congratulations to our bonus funding winners and all teams who participated in this monumental fundraising campaign. Your efforts will have a positive effect on your 2021-2022 season and continue to provide benefits well into your team's future.The incredible willingness to support SCTP and SASP teams bodes well for the future of youth shooting sports all over the nation. |
Written by Tom Davis on . Posted in New SSSF, SSSF News and Information.
TAKE ADVANTAGE OF THIS SPECIAL OPPORTUNITY BY ITEMIZING DEDUCTIONS WITH GIFTS TO CHARITY. PRIOR TO THE CARES ACT, THE MAXIMUM DEDUCTION WAS 60% OF AGI
THIS UNIQUE OPPORTUNITY FOR 100% DEDUCTION OF AGI APPLIES TO CASH DONATIONS TO PUBLIC CHARITIES.
SOME DONORS REACH 100% OF AGI BY GIVING A PERCENTAGE OF AGI TO THEIR DONOR-ADVISED FUND AND THE REMAINING AS CASH DIRECT TO PUBLIC CHARITIES. PUBLICLY TRADED STOCK MAY ALSO BE UTILIZED TO REACH 100%, SOME DONORS MAY ELECT TO GIVE 100% CASH DIRECT TO PUBLIC CHARITIES.
EVEN IF YOU DON’T ITEMIZE, THE CARES ACT STILL PROVIDES A UNIQUE OPPORTUNITY.
EVERY INDIVIDUAL CAN DONATE $300 TO CHARITY AND RECEIVE THE CORRESPONDING BENEFIT. MARRIED COUPLES CAN DONATE $600 TO CHARITY AND GET THIS “ABOVE THE LINE” DEDUCTION. IT’S A GREAT OPPORTUNITY FOR EVERYONE TO SUPPORT YOUTH SHOOTING SPORTS.
STOCKS OR MUTUAL FUNDS.
BY ALLEVIATING YOUR CAPITAL GAINS TAX, THIS MAY BE A MORE ADVANTAGEOUS ASSET TO DONATE BASED ON YOUR CIRCUMSTANCES.
DONOR-ADVISED FUND
YOU CAN ITEMIZE CONTRIBUTIONS TO A DONOR-ADVISED FUND, AND DESIGNATE A GIFT TO SUPPORT SCHOLASTIC SHOOTING SPORTS FOUNDATION
SIMPLE DONATION FROM A CHECKING ACCOUNT.
MONEY SAVED IN OTHER AREAS CAN SERVE AS A GIFT FROM YOUR CHECKING ACCOUNT, WHICH PROVIDES IMMEDIATE, MEANINGFUL SUPPORT TO THE HEALTH OF YOUTH SHOOTING TEAMS THROUGHOUT THE COUNTRY
IRA QUALIFIED CHARITABLE DISTRIBUTIONS
YOU CAN GIFT UP TO $100,000 ANNUALLY FROM YOUR IRA, CALLED A QUALIFIED CHARITABLE DISTRIBUTION (QCD) AND ARE EXCLUDED FROM YOUR TAXABLE INCOME.
ANYONE AGE 72 OR OLDER AS OF DECEMBER 31, 2021, MUST TAKE THEIR REQUIRED MINIMUM DEDUCTION (RMD) BY YEAR-END. THIS INCLUDES INHERITED IRAS. IF IT IS YOUR FIRST RMD, YOU HAVE UNTIL APRIL 1, 2022.
RMDS MAY ALSO BE TRANSFERRED TO A QUALIFIED CHARITY.
INDIVIDUALS 701⁄2 YEARS OLD AND UP TO DONATE UP TO $100,000 DIRECTLY TO CHARITIES OR A DESIGNATED FUND. THIS GIFT ALLOWS INDIVIDUALS TO INCREASE THEIR GIVING WITHOUT INCREASING THEIR TAXABLE INCOME.
THOSE WHO ARE 591⁄2 YEARS OLD CAN TAKE ADVANTAGE OF THE OPPORTUNITY BY TAKING A DISTRIBUTION FROM THEIR RETIREMENT ACCOUNT AND CONTRIBUTING CASH UP TO 100% OF AGI. THIS ALLOWS THE 100% OF AGI OPPORTUNITY TO BE ATTAINABLE FOR MANY PEOPLE.
The Scholastic Shooting Sports Foundation does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Written by Tom Davis on . Posted in New SSSF.
In the season-opening episode, we chat with a familiar voice, John Linquist to discuss new SSSF and MidwayUSA Foundation initiatives that begin growing your team's funding future immediately, each season. We are also joined by a SCTP athlete whose team is hard at work, preparing for next month's College Nationals.
Written by Tom Davis on . Posted in New SSSF.
In this episode, we recap the various records broken at the 2021 National Championships, review USA Shooting at the Olympics, and get the perspective of a Nationals volunteer who previously did not have any experience in team-based youth shooting sports.
Written by Tom Davis on . Posted in Uncategorized.
© Scholastic Shooting Sports Foundation, Inc. All Rights Reserved.
The Scholastic Shooting Sports Foundation is a 501(c)(3) public charity dedicated to providing shooting-sports education and opportunities to school-age youths around the United States to encourage young athlete personal growth and development.
Tax-ID number 20-8484121.