Category Archives: Holiday
What a year we’ve had and the last 25 days has been amazing!
As we said when we kicked off the 25 Days of Giving program, Koons Automotive takes pride in giving back to the communities in which we are located. For the past fifty years that we have been in existence we always find ways to help where it makes the most sense. This year we launched our “Koons 25 Days of giving” where we gave to 25 charities (well actually 29, but who’s counting), here is a list of all the groups we helped out:
- 12/1/13 – Urban Alliance, Tysons VA
- 12/2/13 – Habitat for Humanity, Easton MD
- 12/3/13 – Boys and Girls Club of Westminster, Westminster MD
- 12/3/13 – Carroll Hospice, Westminster MD
- 12/4/13 – Salvation Army, Arlington VA
- 12/5/13 – Phillips Program, Arlington VA
- 12/6/13 – Jill’s House, Tysons VA
- 12/7/13 – Cancer Center, Westminster MD
- 12/8/13 – March of Dimes, Annapolis MD
- 12/9/13 – Easton Church of God – Al Trojanowski, Easton MD
- 12/10/13 – Children’s Charities Foundation, Arlington VA
- 12/10/13 – Jubilee Housing, Arlington VA
- 12/11/13 – Dreams for Kids – Holiday for Hope, Tysons VA
- 12/12/13 – YMCA of the Chesapeake, Easton MD
- 12/13/13 – Target Community, Westminster MD
- 12/13/13 – Human Services Programs of Carroll County, Westminster MD
- 12/14/13 – Anne Arundel County Literacy Council, Annapolis MD
- 12/15/13 – L’Arche Greater Washington, Arlington VA
- 12/16/13 – Don Bosco Cristo Rey, Tysons VA
- 12/17/13 – Alternative House, Tysons VA
- 12/18/13 – Youth Leadership Foundation, Tysons VA
- 12/19/13 – Carroll County Senior Center, Westminster MD
- 12/20/13 – Autism Speaks, Annapolis MD
- 12/21/13 – First Book, Tysons VA
- 12/22/13 – Deaf Independent Living Association, Easton MD
- 12/23/13 – Penn-Marr, Westminster, MD
- 12/24/13 – JDRF, Annapolis MD
- 12/24/13 – Chive Charities, Annapolis MD
- 12/25/13 – Our Military Kids, Tysons VA
Here is a link to the 25 Days of Giving Facebook Photo Album for this years efforts.
Giving anyone anything is always fun, and along the way we had to modify our plans and accommodate some of you who took us up on our challenge to match our donations, so that made this year’s giving even more fun. Specifically, we added a donation to the Salvation Army who had some of their holiday donations stolen. We also had a few organizations reach out to us as they heard what we were doing and we were able to help them as well! The kind words of support and notes of encouragement have been great and as a company we are certainly blessed to be able to help out like this.
We’re looking forward to giving more in next year, so stay tuned, and Happy 2014!
Over the next 10 days Koons Automotive will continue giving a donation a day to local area charities. Here is a recap of the different groups that Koons helped:
- December 16 – This past weekend, Koons donated to the Human Services Programs of Carroll County, Inc., L’Arche Greater Washington, DC, and the Anne Arundel County Literacy Council!
- December 17 – Continuing Koons 25 Days of Giving, up next was a donation to Don Bosco Cristo Rey High School from Koons Tysons Toyota!
- December 18 – Day 17 of Koons “25 Days of Giving” was to Alternative House!
- December 19 – 25 Days of Giving at Koons continues with a donation to the Youth Leadership Foundation from Koons Tysons Toyota!
- December 20 – Today’s donation for Koons “25 Days of Giving” went to the Carroll County Senior Center!
- December 20 – Last year we donated a brand new van, fully equipped to help Ryan Diviney so he could more easily get to Doctors appointments and move around his home town, which included being able to go on the family’s annual holiday outing (see the picture above), we’re glad we could help. If you’re not familiar with Ryan’s story here is a link to their web site
Check back next week, we’ll be closing out this year’s giving and reviewing each charity we shared with and their contact info. That way you can easily follow our lead and give back as well! We would love to hear from you about how you’ve helped, so share your story below in the comments.
Happy Holidays from all of us here at Jim Koons Automotive!
Over the next 18 days Koons Automotive will continue giving a donation a day to local area charities. Here is a recap of the different groups that Koons helped:
- December 7 – Day 6 of “25 Days of Giving” at Koons was for Jill’s House!
- December 9 – Koons continued “25 days of Giving” this past weekend with a donation to the Carroll Regional Cancer Center. pic.twitter.com/KbPxrfJOuf
- December 10 – Today’s donation for Koons “25 Days of Giving” was to the Children’s Charities Foundation!
- December 11 – Koons Tysons Toyota continued “25 Days of Giving” w/a donation to Dreams for Kids-Holiday for Hope! pic.twitter.com/k7uAj8xEWP
- December 12 – We are on day 12 of Koons “25 Days of Giving.” The YMCA Chesapeake is next on the list!
Check back over the next few weeks. We will be spotlighting each charity and sharing their contact info so you can follow our lead and give back, too! We would love to hear from you about how you’ve helped, so share your story below.
Happy Holidays from all of us here at Jim Koons Automotive!
This is the time of year to give and Koons has always felt that giving back to the community is a way to demonstrate good corporate stewardship. We are hoping more corporations will follow our lead and donate to local charities.
As Koons kicks off its “25 Days of Giving,” we would like to issue a challenge to other local area businesses to give as well! Koons Automotive has always given back to the surrounding communities of its dealerships. Those donations include gifts to area food banks, shelters, youth programs, disabled veterans, and many more.
Koons 25 Days of Giving is a program designed to provide local organizations and services with cash donations. Each day, for the next 25 days, Koons Automotive will be highlighting one local organization by giving them a donation to help in their daily operations or services. Follow us on Facebook and Twitter as we help these worthwhile organizations.
Koons is a company that is blessed with strong leadership and smart employees who have always been able to weather economic slowdowns and financial hardships with little to no adverse effects. Through the lean years, Koons has been able to maintain strong alliances and support of our vendors and suppliers. They in turn have benefited from the strong leadership and have grown as well. They are a big part of why we are able to give this time of year. It is a team effort and Koons is happy to be able to be able to help out.
This year Koons Automotive will be sharing its prosperity with over 30 organizations throughout the DelMarVa region. The list of receiving organizations is varied but includes senior and youth groups, homeless and women’s shelters, cancer survivors groups, and veterans.
Donating this time of year is a good thing to do and benefits everyone. Individuals and small businesses that donate money or time and services can lower their tax profiles and take advantage of different matches and incentives offered by other large companies and national corporations specifically designed to spur greater giving.
But as a small business or individual you should always be careful of who and how you donate, fraud runs rampant around this subject, so donate wisely. You should also be aware of some of the rules around charitable donations and avoid some of the legal pitfalls. Here are a few bullet points on the subject:
- Monetary contributions – Cash or other monetary contributions may be tax deductible as long as they are not set aside for use by a specific person. Contributions must also be made during the tax year to be eligible for a deduction, regardless of the accounting method you use.
- Donations of property, including business inventory – These are also considered a valid tax deduction. Donations are evaluated and deducted based on their fair market value (basically what a consumer would pay for these goods in an open market). Deductions are limited in most cases to 50 percent of your adjusted gross income.
- Volunteering – While you can’t deduct the value of your service, you can deduct certain expenses incurred and related to your volunteer work. For example, if you host a party or fundraiser for the organization, you can deduct the costs. Other deductibles include supplies (e.g. stationery), the costs of a uniform and telephone expenses.
- Benefits you receive as a result of your charitable contributions – If you received something in return for your donation, you can only deduct the amount of your contribution that is over and above the value of the benefit you receive. For example, say you attended a fundraiser and placed a winning bid on a weekend in Las Vegas where the trip is valued at $2,500, but you actually bid $5,000. Your deductible contribution (i.e. the fair market value of the trip, in this instance), is the value of your total contribution ($5,000, minus the benefit you receive ($2,500), for an allowable charitable contribution deduction of $2,500.
When in doubt, consult your accountant or tax attorney and always keep good records.
This is an absolute must when it comes to preparing your taxes and ensuring you can back up your deduction claims should the IRS initiate an audit. If you have any concerns the IRS offers information on the records you need to keep for monetary, non-monetary and out-of-pocket cash expenses when donating your services click here for more on that subject.
Check back over the next 25 days. We will be spotlighting each charity and sharing their contact info so you can follow our lead and give back, too! We would love to hear from you about how you’ve helped, so share your story below.
Happy Holidays from all of us here at Jim Koons Automotive!
Marketwatch has announced that this year new car sales are expected to rise 4% in the month of November due to Black Friday deals alone! If you’re planning on buying a new truck, car, or van now is the time, especially at Koons! But you’ll need to be patient, since Koons is keeping with tradition and only offering the savings starting this Friday.
Black Friday was a term coined in the late ‘80’s for the sales that sprung up the day after the traditional Thanksgiving holiday. Business owners began to realize that if they offered special savings or discounts to the public the day after Thanksgiving they could get a jump on their holiday sales goals and potentially be in the “black”. It worked really well, too well, so well in fact that others began to see the value and the extemporaneous or ad-hoc sales that had been started by a handful of businesses took-off. Before we knew it, the whole concept became diluted and the talk around many thanksgiving dinner tables included game plans for supposed savings…
“So, Marge, I plan on starting my Black Friday sales quest at this end of town and finishing up over here, pass the gravy dear”.
The ability to wait for the good sale is some how lost on a desire to beat every other business to the punch and have Black Friday start on Wednesday. Businesses are offering meaningless items and people are getting ruthless in their pursuit of a deal. USA Today did a story on “How Black Friday has some Real Oddballs” A story replete with details on Free Car Washes, Half price teeth cleaning, 2 for 1 pet care discounts, and $500 off your closing costs from a Mortgage Company.
With all of that going on it’s nice to know that in the melee of holiday shopping that is appearing on the horizon, there is a company willing to keep it simple and clear. At Jim Koons Automotive, we decided that we would stick with the real timelines of the holiday season and keep our Black Friday event to Friday Nov 29th. We will offer real savings, not over hyped clever marketing jargon or loss leaders.
So if you’re in the market to buy a new vehicle this Black Friday, stop by www.koons.com and do the rest of this year’s holiday shopping in style… in a new car from Koons!