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.
Beyond Financial Donations
Throughout the year, Jubilee! also make contributions in the form of goods earmarked for populations in need. Past drives have collected socks for the homeless (a campaign called “the Joy of Socks”), eye glasses for folks in Haiti, housekeeping supplies for elderly and disabled residents of the Vanderbilt Apartments, fresh produce for MANNA Food Bank, and school supplies for children. The "Talent Project," in which Jubilants create products or services to sell at our annual "Bizarre Bazaar," raises funds for the Jubilee! Heating Fund to help offset the rising costs of winter heat, especially for the elderly.
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. View the 2022 working budget here.
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.