First Place For Youth
Dec 14, 2022
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 get in touch with the Development department if you plan to donate stock or make a distribution from your IRA.
You’ll certainly reduce the chill in your driveway when you donate a vehicle that just won’t warm up. Whether it’s […]
In 1998, when our founders Deanne Pearn and Amy Lemley were graduate students at the UC Berkeley Goldman School of […]
“First Place has helped me really grow as a person.“ Meet Adelaida, a First Place For Youth program participant […]