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Congress has permanently extended this popular tax-advantaged giving opportunity. Individuals age 70 1/2 or older can make a direct distribution of up to $100,000 to the Jewish Federation. Your IRA charitable rollover can be used to benefit JFGI or any of its agencies.
Benefits of making an IRA charitable rollover gift:
NOTE: You may not make direct distributions to donor advised funds, supporting organizations, or split-interest trusts, or in exchange for gift annuities.
Don't delay! Rollovers must be completed by December 31. If you are eligible, an IRA direct distribution is a wonderful opportunity for you to use your IRA to accomplish your philanthropic goals.
As always, we encourage you to seek the advice of your professional advisor before you make a charitable IRA rollover gift.
Contact Katy Cantor, Chief Philanthropy Officer, at 317-715-9266 or email@example.com with any questions.