Pool Fundraising Surpasses $1 Million Dollar Mark

The Valley County Community Pool Campaign blew past the $1,000,000 mark in the middle of November thanks to a generous grain donation through our bushel drive program! This comes a month after the committee had another successful fundraising event. The Wine & Charcuterie drive-by event at the fairgrounds raised $20,670 between selling raffle tickets, an online mini-auction, and matching funds received. Interstate Engineering completed the preliminary site survey and base map over the summer. They are now working on the preliminary design phase.

Our next fundraiser will be Giving Tuesday, Dec. 1. This has become a popular online event so watch for details on our social media accounts at Facebook and, now also, on Instagram. Throughout December we will also have our “Splish Splash Spotlight” series where various community members will be sharing how they’ve been positively impacted by the pool and the difference it has made in their lives.

The committee would like to remind everyone of the many different ways they can contribute to the pool fund so we can continue our quest to get a new pool.

Keep donating your change. The “Every Drop Counts” blue boxes have raised $8,584 to date! They are located at Albertsons, Reynolds, Eugene’s Pizza and The Loaded Toad.

Cash/Check Donations – Print out the donation form found on our website (www.valcopool.com). Your donation can be dropped off or mailed to the City Office at 319 3rd St. S. in Glasgow.

Online Donations – Go to our website (www.valcopool.com) and donate through PayPal. On the Home Page, click on the “Donate” button, then “Donate Online” and enter your contact information. “Finish Online Donation” is where you enter the payment information – either PayPal account or debit/credit card.

Donations in Honor or Memory of a Loved One – If you don’t know what to buy someone for Christmas, you can donate money to the Pool Campaign in their honor. Memorial gifts are a tangible way to honor a deceased loved one. Go to our website (www.valcopool.com) and click on “Donate,” then print the “In Honor Of” or “In Memory Of” card.

Qualified Charitable Distributions (QCD) – If you are at least 70 ½ years of age and have an IRA, you can donate all or part of your required minimum distribution (RMD) to the Pool Campaign – tax free! The trustee of your IRA can direct up to $100,000 per year to the Pool Campaign and there is no tax liability. If you file a joint tax return, your spouse can make a QCD and donate up to $100,000 pre-tax, as well. The Cares Act included some changes to RMD, but QCD’s can still be made even in years when no RMD is required.

Donation of appreciated assets – If donors have appreciated stock or mutual funds, the pool committee have partnered with Valley County Community Foundation to make that a reality. Please contact Margareta (Maggan) Walstad for details.

Agricultural Commodities Donations – Farmers and ranchers can gift grain and/or livestock to the City of Glasgow, instead of making a direct cash donation to the Pool Campaign. This results in significant tax savings for the agricultural producer because they don’t have to claim the commodity donated as income for tax purposes. Therefore, no federal or state income tax or self-employment tax is due on the commodity donated. However, the producer is able to deduct the expenses associated with producing the commodity. The easiest way to donate agricultural commodities is to deliver to the buyer (elevator or livestock sales yard) and designate the quantity of the commodity being donated in the name of the City of Glasgow for the new pool. The “Bushel Drive” is ongoing so please consider donating grain at EGT, LLC, Pro- Coop and CHS Farmers Elevator.

If you have any questions regarding donating to the pool, please contact a committee member or visit with your accountant or tax preparer.

The committee invites you to like our Facebook page - Valley County Community Pool Campaign, our new Instagram page @valcopool, or go to our website http://www.valcopool.com where you can learn all about the project. You can e-mail us at [email protected] or call us at 406-228-8341. Committee members are Jory Casterline, Kathy Granger, Ruth Ann Hutcheson, Rod Karst, Ann Kulczyk, and Maggan Walstad.