Many Jubilants have found it advantageous to make donations of appreciated stocks or include Jubilee! in their planned giving. If you have an IRA (Individual Retirement Account) you may be able to avoid paying taxes on the money you have to take out for your annual RMD (Required Minimum Distribution) if you donate it to Jubilee! as a QCD (Qualified Charitable Distribution). There are a bunch of "ifs," "ands" and "wherefores," so ask your financial advisor if you qualify.
Where Does Your Money Go?
Money contributed to the community is spent as specified by the Jubilee! budget, which includes salaries and building operation costs, as well as funds for community programs, team ministries and other projects.
All Hunger Fund donations and portion of our general fund go to our outreach giving. Since our inception in 1989, Jubilee! has dedicated resources to improving the lives of the low-income and unhoused. During our first year, we gave $10,000 to local, national and international agencies that feed the hungry and shelter the homeless in the greater Asheville area and beyond. We have since given over $2 million to such agencies, and have donated more than any other faith community in Western North Carolina to Homeward Bound and MANNA Food Bank. The Jubilee! Outreach Team is charged with the distribution of this money to local, regional, national and international non-profit agencies.