04/04/2023
BeaconProject.Charity NOW HIRING a few Hundred On-Campus Sales Reps from Rutgers University only. Welcome all talented students to join our on-Campus Marketing and Sales Team...More details, please read the webpage at https://BeaconProject.Charity/hiring
For example, parents, grandparents, uncles, aunts, relatives, friends, or colleagues may opt to donate $34,000 to https://BeaconProject.Charity as a Donor-Advised Fund, which would provide a scholarship for a child, without incurring any gift tax for the donor. If the parents, who are filing their tax return jointly, fall into the 37% marginal tax bracket, the amount that is tax deductible would be $12,580. This would leave the parents with a remaining cost of $21,420, which they would have to pay out of their own pocket. If the child were to meet the scholarship requirements, the annual return would be 59%, which means that the recipient would receive 100% of the $34,000 scholarship amount. Even if the child were to fail, after subtracting 50% to 20% for the student (A: 100%, B: 50%, C: 40%, D: 30%, F: 20%), which is akin to an annual bonus for each employee in every company, and donating 10% to the Beacon Project, the remaining amount would roll over to the next academic year's scholarship fund.
Students from low-income families can goFundMe under the BeaconProject.Charity Nonprofit 501c3 Public Endowment to raise funds from their own communities. More details, please read on https://BeaconProject.Charity