The IRA Charitable Rollover has been permanently extended! This is great news for those with required minimum distributions (RMD). This allows you to make tax free gifts totaling up to $100,000 from traditional IRA accounts when directly rolled over to a qualified charity.
If you are age 70 ½, consider making a gift to Rose Brooks Center and avoid the tax! If you are younger, you can still easily name Rose Brooks as a full or partial beneficiary.
While you cannot claim a charitable deduction for IRA gifts, it does count towards your minimum distribution and does not trigger income tax. Please also know that your year-end support provides hope and changes lives. What a meaningful way to end 2019! Or updated for 2020, ‘What a meaningful way to end 2020!’
P. S. Rose Brooks also accepts grants from your Donor Advised Fund, appreciated stocks and bonds. Great ways to give without writing a check!
Questions about giving?
In order to complete a qualified charitable distribution for 2020, please contact Marla Svoboda, Chief Development Officer, at marla@rosebrooks.org.
