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Cam Newton ...

TheSpecialJuan

By TheSpecialJuan,
in Carolina Panthers

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raleigh-panther Grand Master

raleigh-panther

Posted
Posted
1 hour ago, MikeD83 said:

Most people don’t truly realize how special this guy has been for us. Will be a sad, sad day when Cam Newton is no longer a Panther. 

I remember Frank Reich, Kerry Collins Steve Beurline (could never spell his name), Jeff Lewis, Chris Weinke, Rodney Peete, Jake, Vinnie,  Brian St Pierre, Jimmy Clausen, 

i know exactly what we have in Newton and those who do not are football idiots 

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TheCasillas Grand Master

TheCasillas

Posted
Posted
2 hours ago, WarHeel said:

Waiting for dude to come in here and say Cam wipes his ass with 100k.

First off, anyone who is contributes to a cause is an amazing individual. I really appreciate him supporting a cause, for that matter ANYONE supporting a cause. Now, with that being said - I highly doubt he wipes his ass with 100k but contributing to a disaster relief fund does allow you to write off 50% of your contribution. I doubt this money came directly out of his pocket/bank account, but it most likely came from his foundation. 

Disaster relief. You can deduct contributions for flood relief, hurricane relief, or other disaster relief to a qualified organization (defined under Organizations That Qualify To Receive Deductible Contributions ). However, you can't deduct contributions earmarked for relief of a particular individual or family.Pub. 3833, Disaster Relief, Providing Assistance Through Charitable Organizations, has more information about disaster relief, including how to establish a new charitable organization. You can also find more information on IRS.gov. Enter "disaster relief" in the search box.

So if someone were to come in here and knock Cam for this, they would be inaccurate due to the fact its one organization contributing to another, which allows a 100% write off. Of course this has to be proved that the foundation of which that provided the funds are 100% non-profit. This is very awesome of Cam. 

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WarHeel Mentor

WarHeel

Posted
Posted
3 minutes ago, TheCasillas said:

First off, anyone who is contributes to a cause is an amazing individual. I really appreciate him supporting a cause, for that matter ANYONE supporting a cause. Now, with that being said - I highly doubt he wipes his ass with 100k but contributing to a disaster relief fund does allow you to write off 50% of your contribution. I doubt this money came directly out of his pocket/bank account, but it most likely came from his foundation. 

Disaster relief. You can deduct contributions for flood relief, hurricane relief, or other disaster relief to a qualified organization (defined under Organizations That Qualify To Receive Deductible Contributions ). However, you can't deduct contributions earmarked for relief of a particular individual or family.Pub. 3833, Disaster Relief, Providing Assistance Through Charitable Organizations, has more information about disaster relief, including how to establish a new charitable organization. You can also find more information on IRS.gov. Enter "disaster relief" in the search box.

So if someone were to come in here and knock Cam for this, they would be inaccurate due to the fact its one organization contributing to another, which allows a 100% write off. Of course this has to be proved that the foundation of which that provided the funds are 100% non-profit. This is very awesome of Cam. 

Completely agree with you. This was sarcasm as there were folks bashing Tepp on here for his contributions. 

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hepcat Grand Master

hepcat

Posted
Posted
3 hours ago, WarHeel said:

Waiting for dude to come in here and say Cam wipes his ass with 100k.

Cmon we all know Cam wipes his ass with a piece of rare Spanish velvet and disposes of it in a Louis Vuitton purse that his man servant gives to starving children in Africa to sell on ebay 

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Jackofalltrades Rising Star

Jackofalltrades

Posted
Posted

The people who complain about the amount these guys give never mention that these guys are under a constant barrage for donations and causes from every part of the spectrum. Cam is doing this one his own in addition to and apart from his own charitable organization. 

These guys don’t HAVE to give anything, but they do. I’d also assume those that complain about how much they give don’t give at all themselves. 

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CatTower Newbie

CatTower

Posted
Posted
21 minutes ago, Jackofalltrades said:

The people who complain about the amount these guys give never mention that these guys are under a constant barrage for donations and causes from every part of the spectrum. Cam is doing this one his own in addition to and apart from his own charitable organization. 

These guys don’t HAVE to give anything, but they do. I’d also assume those that complain about how much they give don’t give at all themselves. 

 

You sound resentful at the end.  Why are you so concerned with what others give while at the same time lambasting people for being concerned with the amount Cam gives?

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