Through the rest of this year, individuals age 70 ½ and older can transfer up to $100,000 from individual retirement accounts (IRAs) to charity without incurring federal income taxes today or estate and income taxes in the future. Gifts must be made by December 31, 2011.
Gifts made through the BACF are a safe and convenient way to support your favorite charities through one place. Gifts of any size* from your IRA can be directed to any fund at the Foundation, or with a minimum of $5,000 you can establish your own fund designated to support one or more charities in Crawford County.
Learn more about BACF Donor Programs or call the Foundation office at 419-562-3958.
*Up to $100,000 for an individual, $200,000 for couples
