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Valley County Community Pool Campaign Has Busy First Year

Many Donation Options Still Available

The Valley County Community Pool Campaign Committee has had a busy first year of information-sharing and fundraising for the new pool and bathhouse. As of the middle of November, the committee has raised close to $600,000 in cash and pledges. We are grateful to all those who have donated so far.

Donations of all sizes are welcome. For example, our “Every Drop Counts” boxes, located at Albertsons and Reynolds, have collected over $3,100 since June. The committee continues to work on grant writing and future fundraising ideas. With an estimated cost of $2.75 million for the new pool with zero-depth entry, ADA compliant bath house, and a safer drop-off and pick-up drive way, we need additional contributions to get the project started. Our committee is excited to share the various ways people can contribute to benefit the community, and its residents, for many years to come.

Cash/Check Donations – Print out the donation form found on our website (www.valcopool.com). Your donation can be dropped off or mailed to the City Office at 319 3rd St. S. in Glasgow.

Online Donations – Go to our website (www.valcopool.com) and donate through PayPal. On the Home Page, click on the “Donate” button, then “Donate Online” and enter your contact information. “Finish Online Donation” is where you enter the payment information – either PayPal account or debit/credit card.

Donations in Honor or Memory of a Loved One – If you don’t know what to buy someone for Christmas, you can donate money to the Pool Campaign in their honor. Memorial gifts are a tangible way to honor a deceased loved one. Go to our website (www.valcopool.com) and click on “Donate”, then print the “In Honor Of” or “In Memory Of” card.

Qualified Charitable Distributions (QCD) – If you are at least 70 ½ years of age and have an IRA, you can donate all or part of your required minimum distribution (RMD) to the Pool Campaign – tax free! The trustee of your IRA can direct up to $100,000 per year to the Pool Campaign and there is no tax liability If you file a joint tax return, your spouse can make a QCD and donate up to $100,000 pre-tax, as well.

Agricultural Commodities Donations – Farmers and ranchers can gift grain and/or livestock to the City of Glasgow, instead of making a direct cash donation to the Pool Campaign. This results in significant tax savings for the agricultural producer because they don’t have to claim the commodity donated as income for tax purposes. Therefore, no federal or state income tax or self-employment tax is due on the commodity donated. However, the producer is able to deduct the expenses associated with producing the commodity. The easiest way to donate agricultural commodities is to deliver to the buyer (elevator or livestock sales yard) and designate the quantity of the commodity being donated in the name of the City of Glasgow for the new pool. Then contact the City and they will instruct the elevator or sales yard to sell the commodity.

If you have any questions regarding donating to the pool, please contact a committee member or visit with your accountant or tax preparer.

The committee invites you to like our Facebook page - Valley County Community Pool Campaign or go to our website http://www.valcopool.com where you can learn all about the project. You can e-mail us at [email protected] or call us at

406-228-8341. Committee members are Jory Casterline, Kathy Granger, Ruth Ann Hutcheson, Rod Karst, Ann Kulczyk, and Maggan Walstad.

 

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