Your donation will be doubled because the Matching Gift Challenge for $25,000 began 8/1/21. As of 9/22/21 $22, 351.39 has been donated! The Feed the Cows campaign was launched on August 30, and the $12,500 needed to feed the cows has been donated as of 9/10/21! Thank you so much! Only $2, 648.61 left to meet the Matching Gift Challenge! More information will be available in the current e-newsletter. Don’t forget ISCOWP is a 501(c3) organization and therefore your gift is tax-deductible EIN # 23-2604082. Thank you!
The stimulus package passed on 12/27/20 extends and increases charitable tax incentives of the 2020 Cares Act through 2021. 1) All taxpayers can take deductions for qualified charitable contributions in 2020 of up to $300. Married couples’ joint filing can take up to $600.These “above the line” deductions are available if you don’t itemize. 2) Charitable itemized deductions made in cash to public charities are generally limited to 60% of AGI, but that has changed to 100%. This change gives you more ability to make a large impact in 2021. Note that this is intended for direct payments to charities rather than donor-advised funds or 509(a)(3) supporting organizations. 3) The AGI limit for cash contributions also remains increased for corporate donors. In 2021, corporations can deduct up to 25 percent of taxable income (formerly 10 percent before the CARES Act).
What You Receive
You may Adopt A Cow for a year or for life. Your adoption donation helps ISCOWP care for your cow at the ISCOWP sanctuary. You may visit your cow and in addition four video/photo updates of your adopted cow are sent via email during each year of adoption. Each adopter receives an 8″ by 10″ photo of their cow, adoption certificate, and an ISCOWP cow protection t-shirt. Arati and treats are offered to the cows to invoke blessings for the lifetime adopter each year for six years.
Lifetime Adoption vs Annual Adoption
It costs the ISCOWP sanctuary an average of $500 to maintain a healthy cow for one year which can be paid all at once ($501) or on a monthly basis of $41.75 for 12 months. The average lifespan of a cow is twenty years, thus the cost to maintain a cow for its entire life is $10,000. However, when $6,325.00 is placed in our fixed deposit, that will generate enough interest to maintain a cow, and when the cow passes on, the funds remain in the ISCOWP account to maintain another cow. This plan is available with one payment, a yearly payment, 3 payments, quarterly payments, and a weekly payment plan. When your adoption donations have accumulated to $1000 during one year you receive Arati blessings from Lord Giriraj and the cows with a video report sent to your email. Arati blessings are given each year for six years and updates are sent for the lifetime of the cow. Become an Annual or Lifetime Adopter by clicking the name of the cow below that you are interested in. Both plans will be available under your cow.
Here is one cow adopter’s experience: