SHOW ME THE MONEY!
AND WE DID
Lake Havasu Courts made a commitment to the City to donate $100,000 for the construction of additional courts at Dick Samp Memorial Park (DSP). That commitment inspired the City to provide the balance of the funding needed for 8 new courts. The $100K goal was achieved in December, 2019, and the 8 new courts are to be completed this autumn.To everyone who donated $ or conducted fundraising activities for the new courts, a huge Thank You!
Status update as of 8/19/20 - PB court construction bid has come in about $200,000 more than budgeted. The bid did not include lighting. The city will be looking to see what can be done to bring the project into scope of budgeted amount.
But More $ Are Needed
We need to continue our fundraising efforts. The 8 new courts will need windscreens and shade structures. Funding is also needed for tournament and court maintenance equipment, a storage shed, a defibrillator, a ball machine, and so on. And, we need to help fund the final 4 courts that will make the 16-court DSP complex a reality.
Let’s do this! Donate to something you and numerous others can enjoy for many years to come. Something that you can look at with pride and think, I helped make it happen!
US Citizens Have Two Tax-Favored Ways to Donate
Tax-deductible donation. Make your checks out to Lake Havasu Courts and mail them to Courts, P O Box 192, Lake Havasu City, AZ 86405, or give them to any board member.
Qualified Charitable Distribution (QCD). Taxpayers over 70.5 years of age are subject to Required Minimum Distributions (RMDs) on traditional IRAs. These distributions are 100% taxable and could increase tax liability substantially. Donors can do a QCD by instructing their IRA trustees to mail the RMD $ (or more) directly to Lake Havasu Courts, Inc at the above address. This method reduces taxable income dollar for dollar and may place donors in a lower tax bracket. Another plus: it’s available to those who don’t itemize deductions.
Canadian citizens, although there are no tax benefits, you, too, can enjoy that warm fuzzy feeling you get from donating to a great cause. Your toonies and loonies are most welcome and much appreciated.
Thanks again for your generosity!