Blog

Make a Tax-Free Gift from Your IRA!

You’ve worked hard, you set money aside for the future, and you’re ready to enjoy your retirement years. Maybe you’re looking for a way to give back. Consider making a gift from your IRA.  

If you’re 70½ or older, you can use the IRA charitable rollover to make a tax-free charitable donation. This allows you to transfer up to $100,000 to a qualified charitable organization without paying income tax on the distribution. Additionally, if you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement. 

When you use the IRA charitable rollover to make a gift to First Place for Youth, your gift will be put to use today, allowing you to see the difference you’re making today with no income taxes your IRA savings.  

Not 70½ yet? You can still support our mission. Simply name First Place for Youth as a beneficiary and we’ll receive the funds or the portion you designate when you pass. 

So that we may track your gift, please email Claudia Miller, Chief Development Officer, if you plan to donate stock or make a distribution from your IRA at cmiller@firstplaceforyouth.org

Blog

Investing in Our Staff: This Month’s Focus on High Quality Engagement

By Kwamane Harris, Director of Practice Development  At First Place for Youth, we know that the strength of our services depends […]

Read More

Blog

We Ask 18-Year-Olds to Do What Most Adults Can’t 

By Thomas G. Lee  On their 18th birthday, thousands of young people in foster care receive a message they never […]

Read More

Blog

Foster Youth Are Your Solution to America’s Skills Gap 

By Erica Waterford, Vice President of Education & Employment, First Place for Youth  American businesses are facing a critical labor […]

Read More
To top