Thanks to all who made a charitable gift to GRACE in 2016. It is only because of you GRACE can continue to serve the thousands who enter its doors seeking help every year.
With the holidays now in full swing, it is very easy to let the year-end tax deadline sneak up. For tax-conscious donors some planning now, before the whirlwind of Christmas and New Year’s sweeps by, can reap great rewards by April 15—and help thousands of those in need now.
As always, your gifts to GRACE in 2016 are tax-deductible to the full extent allowed by law. Everyone’s tax liability is a bit different based on your specific situation—consult a tax specialist if you have any questions.
To make a gift, choose one of these convenient options:
1. Go to GIVE to GRACE to make a gift or to pay an existing pledge online.
2. To complete your transaction by phone, please call 817-305-4654 or 817-305-4661.
3. To deliver your gift, please visit the GRACE Main Offices, 610 Shady Brook Drive in Grapevine (at the T-end of Scribner Street).
4. To mail your gift, please send a check to: GRACE, P.O. Box 412, Grapevine, Texas 76099.
Gift timings will be affected somewhat because the year end occurs during a weekend this year.
End of year timing for the receipt of all gifts and pledges:
Cash
Gifts must be received by Friday, December 30, 2016.
Checks
To be counted in the calendar 2016 year figures, gifts must be received by GRACE Accounting Office staff by 5:00 p.m. CST on Friday, December 30.
Electronic Transfer/Federal Wire
All electronic transfers of funds should be in the GRACE bank account before the close of the banking day at 2:00 p.m. CST on Friday, December 30. Call for electronic transfer/wire instructions: 817-305-4654.
Credit Card Payments
If emailed, received in postage, hand-delivered, or phoned in, gifts must be received by the GRACE accounting office staff by 1:00 p.m. CST on Friday, December 30.
Web gifts
Gifts submitted online: (https://grace.ejoinme.org/MyPages/GRACEDonationPage/tabid/41494/Default.aspx)
must be completed by 11:59 p.m. CST on Saturday, December 31, 2016.
Stocks & Other Securities
Physical hand deliveries must be received by the GRACE Accounting Office staff by 3:00 p.m. CST on Friday, December 30.
Securities must be in the GRACE account before the close of business on Friday, December 30. Donors should be careful to give their brokers time to complete the transaction. This usually requires a minimum of 3 business days, but may take longer if volumes are high. The donor should be sure to notify GRACE of their intention to deliver securities so that the donation may be identified and recorded in a timely manner. Failure to notify may result in delay. Please call for stock/securities transfer instructions.
Securities sent to GRACE by private carrier (i.e. Federal Express, UPS, etc.) must be received by GRACE Office staff by 3:00 p.m. CST on Friday, December 30.
Review USPS delivery expectations regarding 1st class mail, etc.
Receipts
Gift receipts will be sent within 3-7 business days from the date the gift was processed, except in times of high volume where longer processing time occurs. Receipts will reflect the date the gift was received. Donors should consult with their CPA or tax preparer to determine the tax consequences of their donation. GRACE (Grapevine Relief And Community Exchange) TIN: 75-2195702.
A Reminder on Donated Items
GRACE Donation Station will be open until 5 p.m. Saturday, December 31 to drop off your donations of clothing and other gently used household items to receive a tax benefit. GRACE will have plenty of volunteers and staff to help speed the process and get you on your way.
Kathy Mize, Donation Station manager asks that you please package the items you are donating in disposable containers like trash bags or cardboard boxes. Donation Station is at 112 North Scribner Street in Grapevine (just turn at Old West Café and we’re right there).
