Welcome Guest
Log In | Register )
You last visited December 3, 2016, 1:41 am
All times shown are
Eastern Time (GMT-5:00)

Powerball lottery winners award $1 million in grants

Topic closed. 39 replies. Last post 5 years ago by Dreamscript.

Page 3 of 3
53
PrintE-mailLink

United States
Member #68713
December 28, 2008
301 Posts
Offline
Posted: December 6, 2011, 1:31 pm - IP Logged

I Agree!

I read a few months ago that Obama wanted veterans to pay for their own health insurance.And people still think this clown is the best thing since the invention of peanut butter.Darned if can figure out the liberal mindset.

No NoTO THE POINT!! YOU LIE AND EVEN BETTER YOU ARE A LAIR.Evil

    Avatar
    Las Vegas
    United States
    Member #119212
    November 17, 2011
    16 Posts
    Offline
    Posted: December 6, 2011, 2:03 pm - IP Logged

    You are apparently not very familiar with itemized deductions under the tax code.  Charitable deductions are part of miscellaneous itemized deductions.  These are limited by a two percent of adjusted gross income floor.  So a one million dollar charitable gift on their prize amount would not begin to approach a level that was even deductible.

    I also feel that you did not read the article very carefully.  Note that it said, "The trustees of the Putnam Avenue Family Trust has awarded their first $1 million in charitable grants to five veteran support organizations."  First.  Get it?  If I'd won this amount of money, I think I'd have a hard time deciding which groups to award money to also, and to decide on where the first million should go in the first week sounds pretty good to me.

    I agree.

    Not all charities use large donations wisely.  A prudent charitable giver would make gifts over time to a variety of organizations and give more in the future to those that spent the money wisely.

      Avatar
      Keokuk,Iowa
      United States
      Member #116504
      September 12, 2011
      305 Posts
      Offline
      Posted: December 6, 2011, 2:23 pm - IP Logged

      No NoTO THE POINT!! YOU LIE AND EVEN BETTER YOU ARE A LAIR.Evil

      EXCUSE ME .BUT I AM NOT A 'LAIR".I"M NOT A LIAR,EITHER!OBAMA DID NOT WANT THE GOVERNMENT TO PAY FOR THE HEALTH CARE FOR VETERANS.HE SAID THAT THE GOVERNMENT WOULD SAVE BILLIONS OF DOLLARS IF VETERANS PAID FOR THEIR OWN HEALTHCARE.

      That is what your wonderful president thinks of our veterans.OPEN YOUR  EYES AND EARS AND YOU MIGHT SEE AND HEAR THE TRUTH ABOUT OBAMA!! You are blinded by your racism!

        ressuccess's avatar - Lottery-043.jpg

        United States
        Member #93164
        June 23, 2010
        1313 Posts
        Offline
        Posted: December 6, 2011, 4:47 pm - IP Logged

        Good job having a charity grant.

          MADDOG10's avatar - smoke
          Beautiful Florida
          United States
          Member #5709
          July 18, 2004
          20106 Posts
          Offline
          Posted: December 6, 2011, 5:11 pm - IP Logged

          No NoTO THE POINT!! YOU LIE AND EVEN BETTER YOU ARE A LAIR.Evil

          Can still see you're still spreading your venom and hatred when somebody talks about  the CHUMP in the WhiteHouse  Louise..!

          Sometimes it's better to re-read something rather than dump your vinegar...! 

                                                       

                                                         "  When Injustice Becomes Law, Resistance Becomes Duty "


            United States
            Member #119752
            December 1, 2011
            8 Posts
            Offline
            Posted: December 6, 2011, 9:09 pm - IP Logged

            Three Connecticut men who claimed a $254 million Powerball jackpot last week made good on their statement that they would be immediately donating a sizable amount to charity.

            The trustees of the Putnam Avenue Family Trust has awarded their first $1 million in charitable grants to five veteran support organizations.

            The Putnam Avenue Family Trust was set up after the winning Connecticut lottery ticket, worth $254 million, was bought.

            The organizations were selected on their proven ability to work with veterans who are in need of emotional, physical or career support.

            Trustees Greg Skidmore, Brandon Lacoff and Tim Davidson stated, "We cannot think of a more urgent priority than addressing the needs of those men and women who have defended our nation. Many of these veterans are faced with a myriad of real and immediate personal issues that range from trauma to foreclosures. These grant awards reflect the beginning of a process that allows us to leverage lottery winnings into materially helping our society."

            Each of the five organizations selected will receive $200,000. The organizations include: The Bob Woodruff Foundation , Building Homes for Heroes , Services for the Under Served (S.U.S.), Operation First Response and the Intrepid Fallen Heroes Fund .

            S.U.S. Chief Executive Officer Donna Colonna said, "We are stunned by the generosity and heartened by the fact that the Trust has heard our call to action. By helping the thousands of veterans who have returned from our nation's wars, and who are now need of assistance, we are keeping faith with those who have worn the uniform, defended our freedoms and suffered terribly from that experience. We are thankful to the Putnam Avenue Family Trust but more important, we are grateful that they are giving us the financial tools to sustain our veterans support programs."

            "We are extremely humbled and thankful - especially during this holiday season - to be considered by the Putnam Avenue Family Trust for this kind of generosity," said David Winters, President of the Intrepid Fallen Heroes Foundation. "As our troops return home from Iraq this month, we are ramping up our efforts to serve the needs of those suffering from Traumatic Brain Injury and Post Traumatic Stress, the signature injuries of the conflicts in Afghanistan and Iraq. This donation will greatly help our efforts to construct satellite centers that will help diagnose and treat those conditions, working in conjunction with the National Intrepid Center of Excellence (NICoE) in Bethesda, which we opened last year."

            "The Bob Woodruff Foundation is grateful to be the recipient of such a generous donation from the Putnam Family Trust demonstrating their commitment to the men and women who have volunteered to serve our country. This donation will allow our Foundation to support injured service members and those who care for them in the areas of employment, education and other meaningful activities to help them reintegrate after they transition home from the battlefield," offered Bob Woodruff, journalist, ABC News and Co-Founder of the Bob Woodruff Foundation.

            President of Operation First Response, Peggy Baker, said, "Our organization has the honor of serving our nation's Wounded Heroes and their families on a daily basis. To the families we serve, this generous donation will be making a significant difference in their lives. The staff and board members of Operation First Response consider this a Christmas miracle and wish to express our deepest gratitude to the Trustees of Putnam Avenue Family Trust."

            "Building Homes for Heroes couldn't be more ecstatic about this incredible act of patriotism and generosity. This tremendous donation will help our organization build a minimum of four homes for severely wounded American heroes in the coming year. By helping the brave men and women realize the American dream of home ownership, The Putnam Avenue Family Trust is making a significant difference in the lives of some very special families. On behalf of those who return home severely injured, we thank The Putnam Avenue Family Trust from the bottom of our hearts, explained Andy Pujol, the group's Founder and President.

            Restating their early comments this week, the Trustees explained, "We are leveraging our professional experience and our collective success in money management to ensure these lottery dollars go far further than their face value. If we are successful, we believe the creation of this Trust, and its legacy, will serve as a national model for others who have been equally fortunate in winning sweepstakes and now seek to use those dollars to touch the lives of others."

            Well thats good of them eventhough I think that they are still greedy people. C'mon are you kidding? The pize  that they won is like taking a penny out of  a dollar. They don't give  it away because they have good heart, but they give it because they want people to think that they are good. They stole my dreams and other people here who would appreciate it the most. Those guys already rich. well, there is no law thats said rich poeple can't play, but again why would a rich person still play when they are already rich. They don't have problem to pay no bills. I'm still convince this is an insider shiiit no mattter what. i don't think regular poor people wins such big for real. As of today, i'm not gonna spend no  more than 3 bucks on this lottery shiit.

              rcbbuckeye's avatar - Lottery-043.jpg
              Texas
              United States
              Member #55889
              October 23, 2007
              5588 Posts
              Offline
              Posted: December 6, 2011, 9:28 pm - IP Logged

              Well thats good of them eventhough I think that they are still greedy people. C'mon are you kidding? The pize  that they won is like taking a penny out of  a dollar. They don't give  it away because they have good heart, but they give it because they want people to think that they are good. They stole my dreams and other people here who would appreciate it the most. Those guys already rich. well, there is no law thats said rich poeple can't play, but again why would a rich person still play when they are already rich. They don't have problem to pay no bills. I'm still convince this is an insider shiiit no mattter what. i don't think regular poor people wins such big for real. As of today, i'm not gonna spend no  more than 3 bucks on this lottery shiit.

              "They stole my dreams". Dude...... you need to get a grip on reality. They didn't steal jack sh.t. Either they or a person whom they represent bought a ticket, they won. Get over it. You do realize there are more drawings, right? If you happen to win the powerball Wednesday, you are set for life. Then people LIKE YOU can bitch at you that you won and "stole their dreams".

              CAN'T WIN IF YOU'RE NOT IN

              A DOLLAR AND A DREAM (OR $2)

                Boney526's avatar - NjlpLogo
                New Jersey
                United States
                Member #99032
                October 18, 2010
                1439 Posts
                Offline
                Posted: December 6, 2011, 10:42 pm - IP Logged

                $1 million to three organizations that support veterans is not enough money.$3 millions would have been better.If I win a sum like they did I would donate more than a $1 million. I wonder if they did it as a tax deduction strategy, if it was then it was not a real donation to veterans.when I win I will donate to veterans but not as a tax deduction.

                Do it as a tax deduction.  Think about it - doing something charitable through a private charity is better than the Federal Government spending it on war, welfare and regulation.

                 

                At least I will.  I'd rather give away a what I could quickly, so I could deduct those taxes and have the money go to good use rather than bad.

                  Avatar
                  Milwaukee, WI
                  United States
                  Member #3131
                  December 27, 2003
                  665 Posts
                  Offline
                  Posted: December 6, 2011, 11:52 pm - IP Logged

                  As I remember he gave his kis monet and he pretty much said that's it the rest is for charity.

                  http://www.thehowardgbuffettfoundation.org/

                  Howard Buffett not only gives to charity, he heads out to those poor countries and WORKS. I've seen him on farm programs.

                  Warren lives in a pretty ordinary home and has lived there for MANY years. Something like 60+ years. His favoite meal is a hamburger and a cherry Coke.

                  The Susan Thompson Buffett Foundation

                  www.buffettscholarships.org/

                  They don't have to impress anybody.

                  It IS work to give money away. You really want to give money where you will get the most bang for the buck.

                  If that is all that they are giving away, I would say that they are cheap.

                  Did you see the charities that the $112 mil woman gave her money to? It seemed that it was just to blow her own ego.

                  The first days of winning the lottery would be VERY busy to getting life in order. Then you can look at giving.

                  Also if you do want to give most of your money away, the more that you hold back the more that you can give away.

                  If you would give everything away but $100K, future payments would be small.

                  If you hold on to $50 million, you can give MANY $1 million gifts away, even hundreds of millions away.

                  I'm not much into luxury things, so really most of my money WOULD be for charity.

                  You can't fool God, He knows what is in your heart.

                    Avatar
                    New Member

                    United States
                    Member #111114
                    May 18, 2011
                    2 Posts
                    Offline
                    Posted: December 7, 2011, 7:26 pm - IP Logged

                    Three Connecticut men who claimed a $254 million Powerball jackpot last week made good on their statement that they would be immediately donating a sizable amount to charity.

                    The trustees of the Putnam Avenue Family Trust has awarded their first $1 million in charitable grants to five veteran support organizations.

                    The Putnam Avenue Family Trust was set up after the winning Connecticut lottery ticket, worth $254 million, was bought.

                    The organizations were selected on their proven ability to work with veterans who are in need of emotional, physical or career support.

                    Trustees Greg Skidmore, Brandon Lacoff and Tim Davidson stated, "We cannot think of a more urgent priority than addressing the needs of those men and women who have defended our nation. Many of these veterans are faced with a myriad of real and immediate personal issues that range from trauma to foreclosures. These grant awards reflect the beginning of a process that allows us to leverage lottery winnings into materially helping our society."

                    Each of the five organizations selected will receive $200,000. The organizations include: The Bob Woodruff Foundation , Building Homes for Heroes , Services for the Under Served (S.U.S.), Operation First Response and the Intrepid Fallen Heroes Fund .

                    S.U.S. Chief Executive Officer Donna Colonna said, "We are stunned by the generosity and heartened by the fact that the Trust has heard our call to action. By helping the thousands of veterans who have returned from our nation's wars, and who are now need of assistance, we are keeping faith with those who have worn the uniform, defended our freedoms and suffered terribly from that experience. We are thankful to the Putnam Avenue Family Trust but more important, we are grateful that they are giving us the financial tools to sustain our veterans support programs."

                    "We are extremely humbled and thankful - especially during this holiday season - to be considered by the Putnam Avenue Family Trust for this kind of generosity," said David Winters, President of the Intrepid Fallen Heroes Foundation. "As our troops return home from Iraq this month, we are ramping up our efforts to serve the needs of those suffering from Traumatic Brain Injury and Post Traumatic Stress, the signature injuries of the conflicts in Afghanistan and Iraq. This donation will greatly help our efforts to construct satellite centers that will help diagnose and treat those conditions, working in conjunction with the National Intrepid Center of Excellence (NICoE) in Bethesda, which we opened last year."

                    "The Bob Woodruff Foundation is grateful to be the recipient of such a generous donation from the Putnam Family Trust demonstrating their commitment to the men and women who have volunteered to serve our country. This donation will allow our Foundation to support injured service members and those who care for them in the areas of employment, education and other meaningful activities to help them reintegrate after they transition home from the battlefield," offered Bob Woodruff, journalist, ABC News and Co-Founder of the Bob Woodruff Foundation.

                    President of Operation First Response, Peggy Baker, said, "Our organization has the honor of serving our nation's Wounded Heroes and their families on a daily basis. To the families we serve, this generous donation will be making a significant difference in their lives. The staff and board members of Operation First Response consider this a Christmas miracle and wish to express our deepest gratitude to the Trustees of Putnam Avenue Family Trust."

                    "Building Homes for Heroes couldn't be more ecstatic about this incredible act of patriotism and generosity. This tremendous donation will help our organization build a minimum of four homes for severely wounded American heroes in the coming year. By helping the brave men and women realize the American dream of home ownership, The Putnam Avenue Family Trust is making a significant difference in the lives of some very special families. On behalf of those who return home severely injured, we thank The Putnam Avenue Family Trust from the bottom of our hearts, explained Andy Pujol, the group's Founder and President.

                    Restating their early comments this week, the Trustees explained, "We are leveraging our professional experience and our collective success in money management to ensure these lottery dollars go far further than their face value. If we are successful, we believe the creation of this Trust, and its legacy, will serve as a national model for others who have been equally fortunate in winning sweepstakes and now seek to use those dollars to touch the lives of others."

                    This is an awesome thing to do! Winning the lottery is not just luck... it's an adventure. We wish and hope that your efforts to grow your winnings into great wealth is successful! 

                    Dreamscript Forlotto