Ways to Give › Plan a Legacy › IRA Charitable Rollover
In order to help nonprofit organizations like Children’s Hospital Central California Foundation further their good work, Congress extended the rules for charitable gifts made from individual retirement accounts (IRA) through December 31, 2009. If you are at least 70 ½ years of age, the federal government now permits you to rollover amounts from your IRA to a nonprofit without claiming any increased income or paying any additional tax. These tax-free rollover gifts could be for any amount up to $100,000.
Contact your IRA administrator. Children’s Hospital Central California Foundation can provide you with a sample letter of direction if you would like. Make sure that you also let Children’s Hospital know when to expect your gift.
Foundation@ChildrensCentralCal.orgTax ID#: 94-2797447
Phone: 559.353.7145TFierro@ChildrensCentralCal.orgTax ID#: 77-0115677
9300 Valley Children's Place, PC 17 Madera, CA 93636-8762Fax: 559.353.7160
Phone: 559.353.5222Fax: 559.353.8158Home Page