If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year.

BENEFITS OF AN IRA CHARITABLE ROLLOVER

Avoid taxes on transfers of up to $100,000 from your IRA to our organization
May satisfy your required minimum distribution (RMD) for the year
Reduce your taxable income, even if you do not itemize deductions
Make a gift that is not subject to the deduction limits on charitable gifts
Help further the work and mission of our organization

HOW AN IRA CHARITABLE ROLLOVER GIFT WORKS

Contact your IRA plan administrator to make a gift from your IRA to us.
Your IRA funds will be directly transferred to our organization to help continue our important work.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction, however; the distribution should not be taxable.
Please contact us if you wish for your gift to be used for a specific purpose.

GIFTS FROM YOUR IRA

If you are 70½ or older, you can use your IRA to fulfill your charitable goals. Contact your IRA custodian and make a qualified charitable distribution (QCD). We will acknowledge your generous gift as a qualified charitable distribution. This will satisfy your RMD, if applicable.

Gothenburg Public Schools Foundation

Donation Opportunities

Gifts of Stocks and Bonds

Gifts from your IRA

Endowment

Monetary Donation

Gift of Ag Commodities