[icon_timeline timeline_line_style=”solid” timeline_line_color=”#000000″ time_block_bg_color=”#000000″ tl_animation=”tl-animation-slide-up” timeline_margin=”margin-top:20px;margin-bottom:20px;”][icon_timeline_item time_title=”February 3, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The CDC had a team ready to travel to China to obtain critical information on the novel coronavirus, but were in the U.S. awaiting permission to enter by the Chinese government.[/icon_timeline_item][icon_timeline_item time_title=”February 4, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]President Trump vowed in his State of the Union Address to “take all necessary steps” to protect Americans from the coronavirus.[/icon_timeline_item][icon_timeline_item time_title=”February 4, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]FDA issues emergency use authorization for CDC’s coronavirus diagnostic testing, allowing use of the test at any CDC-qualified lab in the country.[/icon_timeline_item][icon_timeline_item time_title=”February 5, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]Dr. Robert Redfield, Director of the CDC issues a public statement saying “…While we continue to believe the immediate risk of 2019nCoV exposure to the general public is low, CDC is undertaking measures to help keep that risk low.”[/icon_timeline_item][icon_timeline_item time_title=”February 6, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The CDC began shipping CDC-Developed test kits for the 2019 Novel Coronavirus to U.S. and international labs.[/icon_timeline_item][icon_timeline_item time_title=”February 9, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The White House Coronavirus Task Force briefed governors from across the nation at the National Governors’ Association Meeting in Washington.[/icon_timeline_item][icon_timeline_item time_title=”February 11, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The Department of Health and Human Services (HHS) expanded a partnership with Janssen Research & Development to “expedite the development” of a coronavirus vaccine.[/icon_timeline_item][icon_timeline_item time_title=”February 12, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The U.S. shipped test kits for the 2019 novel coronavirus to approximately 30 countries who lacked the necessary reagents and other materials.[/icon_timeline_item][icon_timeline_item time_title=”February 12, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The CDC was prepared to travel to China but had yet to receive permission from the Chinese government.[/icon_timeline_item][icon_timeline_item time_title=”February 14, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The CDC began working with five labs to conduct “community-based influenza surveillance” to study and detect the spread of coronavirus.[/icon_timeline_item][icon_timeline_item time_title=”February 18, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]CDC reaffirms that the risk to Americans from coronavirus is low.[/icon_timeline_item][icon_timeline_item time_title=”February 18, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]HHS announced it would engage with Sanofi Pasteur in an effort to quickly develop a coronavirus vaccine and to develop treatment for coronavirus.[/icon_timeline_item][icon_timeline_item time_title=”February 20, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The administration raises travel warnings to their highest level for other hot spot locations, including Japan and South Korea.[/icon_timeline_item][icon_timeline_item time_title=”February 24, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The Trump Administration sent a letter to Congress requesting at least $2.5 billion to help combat the spread of the coronavirus.[/icon_timeline_item][icon_timeline_feat time_title=”February 26, 2020″ title_font_style=”font-weight:bold;” title_font_size=”desktop:20px;” title_line_ht=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_ht=”desktop:19px;” desc_font_color=”#ffffff”]1st case of suspected local transmission in United Statesis announced. The Centers for Disease Control and Prevention (CDC) confirm the first case of COVID-19 in a patient in California with no travel history to an outbreak area, nor contact with anyone diagnosed with the virus.[/icon_timeline_feat][icon_timeline_feat time_title=”February 26, 2020″ title_font_style=”font-weight:bold;” title_font_size=”desktop:20px;” title_line_ht=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_ht=”desktop:19px;” desc_font_color=”#ffffff”]President Trump names Vice-President Pence to lead Coronavirus Task Force.[/icon_timeline_feat][icon_timeline_item time_title=”February 26, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]President Trump discussed coronavirus containment efforts with Indian PM Modi and updated the press on his Administration’s containment efforts in the U.S. during his state visit to India.[/icon_timeline_item][icon_timeline_item time_title=”February 27, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]Vice President Pence names Dr. Deborah Birx to serve as the White House Coronavirus Response Coordinator.[/icon_timeline_item][icon_timeline_feat time_title=”February 29, 2020″ title_font_style=”font-weight:bold;” title_font_size=”desktop:20px;” title_line_ht=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_ht=”desktop:19px;” desc_font_color=”#ffffff”]1st death reported in United States. The first COVID-19 death is reported in Washington state, after a man with no travel history to China dies on Feb. 28 at Evergreen Health Medical Center in Kirkland, Washington.[/icon_timeline_feat][icon_timeline_item time_title=”February 29, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]President Trump imposes travel ban to Iran.[/icon_timeline_item][icon_timeline_item time_title=”February 29, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The Food and Drug Administration (FDA) allowed certified labs to develop and begin testing coronavirus testing kits while reviewing pending applications.[/icon_timeline_item][icon_timeline_item time_title=”February 29, 2020″ title_font_size=”desktop:20px;” title_line_height=”desktop:24px;” title_font_color=”#fbf44b” desc_font_size=”desktop:15px;” desc_line_height=”desktop:19px;” desc_font_color=”#ffffff”]The Trump Administration announced a level 4 travel advisory to areas of Italy and South Korea. Barred all travel to Iran. Barred the entry of foreign citizens who visited Iran in the last 14 days.[/icon_timeline_item][/icon_timeline]
Tea Party Patriots Foundation can accept a wide variety of assets, such as:
cryptocurrency
real estate
life insurance
private business interests
or help you set up charitable vehicles like gift annuities or charitable trusts that provide income to you or loved ones.
There are many ways to give that maximize your impact and tax savings.
If you have any questions, need assistance, or have interest in speaking further about charitable estate planning strategies for yourself or loved ones, please reach out to our support desk.
Gifts from Retirement Accounts
Making gifts to the Tea Party Patriots Foundation from traditional retirement accounts can allow you or your heirs to avoid paying income tax on distributions. In addition to designating Tea Party Patriots Foundation as the beneficiary of your retirement account, there are several advantageous ways to give from retirement accounts:
Required Minimum Distributions (RMD):
If you are over age 72 and are required to distribute funds from your retirement plan, you can satisfy your annual RMD and avoid paying income tax on the distribution by giving directly to Tea Party Patriots Foundation.
Qualified Charitable Distribution (QCD)
If you are over age 70 ½, you can distribute up to $108,000* per year from your IRA directly to Tea Party Patriots Foundation without paying income tax. This counts toward your annual RMD fulfillment. (*Based on 2025 limits)
Estate Gifts
We invite you to consider making Tea Party Patriots Foundation part of your enduring legacy by including us in your estate plans and joining the 1773 LegacySociety.
You can do this by:
Beneficiary designation of a financial account such as a retirement plan, life insurance policy, donor advised fund, charitable gift annuity, charitable trust, or other account, OR
Bequest in your will or trust by inserting a provision containing our legal name and federal tax ID:
Legal Name:Tea Party Patriots Foundation Address:1025 Rose Creek Drive, Ste. 620-322, Woodstock, GA 30189 EIN:#27-3893819
If you include us in your estate plans, please let us know. We would love to welcome and honor you as a member of the 1773 Legacy Society.
Gifts of Stock
Charitable tax advantages often make giving stock more beneficial than giving cash. By gifting appreciated stock from your investment account, you may be eligible to:
Receive a charitable income tax deduction
Eliminate capital gains taxes
To transfer shares of public stock, provide your broker with the following information:
Broker:Vanguard DTC Number: 0062 Account Name:Tea Party Patriots Foundation Account Number: 15338714
To electronically transfer funds via wire or ACH, please provide the following information to your financial institution that will initiate the wire transfer.
Bank Name: Chain Bridge Bank, N.A. Bank Address:1445-A Laughlin Avenue, McLean, Virginia 22101 Routing Number:056009479 Account Name: Tea Party Patriots Foundation Account Number:2100179700 Reference:Please provide your name, address and zip code.