If you are thinking about donating to a New Jersey Goodwill or Local Thrift Store, make sure you know what you can and cannot donate before you pack up your car
An employee of a popular bar and restaurant in Shamong, NJ has suffered a catastrophic health emergency. Now, the staff there is asking for donations to aid in her care and that of her young son.
The organization's founder says Bridge of Books is at a "transition point," having been asked to vacate the donated storage space it has used for the past five years.
With the holidays upon us, charities and food banks in NJ are in need of cash and food donations for people and families for Thanksgiving. Here's how to help.
Q. I have about $500,000 in cash accounts from a life insurance payout. I don’t need the money for retirement or for living expenses, and I don’t have any relatives to leave it to. If I decide to give to charity, what’s the best strategy? Monthly, yearly or in a lump sum when I die? And where should the money be invested, or should I stay with cash? I’m 63.
Q. I have a car to donate to charity, however, I keep hearing to be careful. How does one determine a good organization and the value for IRS purposes. I want to maximize giving benefits without getting ripped off or disappointed by the giving process.
Q. My parents died and I’m thinking of donating everything they had to a charity. How do I properly value all their stuff so the correct deductions can be made on my tax return? I’m the executor and the only beneficiary.
One out of every seven Americans relies regularly on food banks. In New Jersey, the ratio is smaller but still significant -- one out of 10. Once again this year, several groups are uniting to drive up the number of donations to Garden State food banks.