Support Black ParentPreneurs And Get A 100% Tax Deduction In 2020
If empowering Black parents who are entrepreneurs, so they can leave a legacy for their beautiful Black children matters to you, then you will want to keep reading.
We recently learned from Brad Feld, who made the founding $50,000 grant for this organization, that charitable cash donations made in 2020 could be 100% deductible as part of the CARES act (you should check with your tax advisor about this).
Here at the ParentPreneur Foundation, we are working on several exciting programs for 2021 that will ease the parenting lifestyles and grow the businesses of the 750 members of our rapidly growing community, but we need your support to make it happen.
Here's a list of what we are working on.
Paying For Therapy For 100 Members
According to Columbia University, Black people are 20% more likely to have mental health issues than white people, and seeking mental therapy in the Black community is stigmatized, so we are shattering stereotypes with this program.
Paying For Virtual Kids' Tutors For 25 Families
Many families are virtual schooling due to Covid-19 and some kids aren’t doing well in this new virtual learning environment. This program will give kids and families the additional support they need.
Paying For Legal Services For 10 Members
Being buttoned-up legally and having proper advice is critical for any business. But not everyone can afford to pay for good legal counsel.
Paying For Babysitters For 25 Families
ParentPreneurs are taking care of their businesses, caring for loved ones, virtual schooling, and trying to squeeze in a lil' self-care. They are tired and need a break.
Paying For LinkedIn Consulting For 50 Members
Everyone knows Black entrepreneurs have a hard time getting access to financial capital, but lack of social capital keeps us from executing on our brilliant ideas, and, more insidiously, it keeps us from imagining what's possible. Our great-grandkids deserve better from us and we have to level up our social capital. This program will help.
We started this foundation with a $50,000 seed grant in July 2020 and quickly turned it into $200,000 of value for members of our community. With your help, we can do so much more in 2021 to empower Black ParentPreneurs to leave a legacy for their beautiful Black children, and if you act before the end of the year, you can do so tax advantageously in 2020.
Please make a tax-deductible contribution and help us to continue empowering Black ParentPreneurs.
Kind regards, James Oliver, Jr.
Feature photo by Tim Marshall on Unsplash