About Chart Westcott
Chart Westcott currently serves as Chairman of the Westcott Foundation, a private foundation that focuses on improving education and economic conditions in Dallas, TX through grants. The Westcott Foundation aims to support young people who have had a drive to succeed despite the hardships and challenges in their lives. As Chairman of the foundation, Chart works to eliminate barriers that stop young people from succeeding in life. More specifically, Chart and the members of the Westcott Foundation are most passionate about criminal justice reform, improving education by giving youth more options, and supporting charities that improve the lives of youth in the Dallas community. Apart from the Westcott Foundation, Chart is also a strong supporter of Youth Entrepreneurs in Dallas. YE is an organization that teaches disadvantaged youth the principles of free markets and a free and open society. He also serves on the board of the Dallas County Historical Foundation, which is the board for Kennedy assassination museum known as the Sixth Floor.
Chart previously served as the Texas Chairman of the National Association to Protect Children. As Chairman of the national pro-child anti-crime advocacy group, Chart Westcott worked to ensure that children were protected from abuse, exploitation, and neglect. He also led efforts to pass Alicia’s Law in Texas. Furthermore, Chart previously served on the board of the Boys and Girls Club of Greater Dallas. Being able to help young people, especially those who need us most, reach their full potential as productive, caring, responsible citizens remains a passion for Chart.
Chart Westcott is the co-founder and Chief Operating Officer of Ikarian Capital, LLC, a long/short equity biotech focused hedge fund that launched in January 2016. At Ikarian he is responsible for all operational, compliance, and marketing functions.
This deduction brings many tax benefits. The high-income earners have only enjoyed these benefits. Many high-income earners were able to itemize their taxes. This exclusivity came to a halt in 2020 following the enactment of the CARES Act. The COVID Relief Bill also had a significant impact on the charitable tax deductions. Today, each taxpayer is eligible to claim a $300 above-the-line tax deduction. In the case of a married couple that files their taxes jointly, they can claim $600. The future of these above-the-line tax deductions is uncertain now that there is a new administration. Tax experts, however, predict that these benefits might be here to stay. Retracting tax benefits has been a thorny issue for past administrations. Also, deduction is an idea that has been embraced across the political divide. The political consensus might give more life to the policy.
In addition to helping ensure a bright future for promising kids from underrepresented communities, the reach of the Aarons’ largesse also includes their pledge to donate their collection of baseball-related memorabilia to the National Baseball Hall of Fame and Museum so that future generations can experience the excitement, history, and lore of America’s pastime.
To leverage your donations fully, donate to the right organization. For instance, for a small business, pick a local community group since you are tied to it. Take your time before you decide the company to give your donations. If you find multiple organizations that fit your corporate values, do not hesitate to offer your contributions to them. This will create stronger bonds with great charitable organizations and the community, which is your customer base.
Preliminary funding stages for Clean Tech have not been captious, a factor that has led to delayed growth of related companies. Clean Tech organizations suffer from the deficiency of starting power. Industries that offer services like mobile apps have registered an accelerated growth, unlike the Clean Tech field, which features voluminous capital and costly infrastructure.