Lasting value
"Times change, and the Board will change, and who are we to tie the hands of tomorrow?"
– M.S. Beecher, founder, Auburn Community Foundation
Read the story>>Qualified charitable IRA transfers to your community foundation are tax-free through December 31.
Professional advisors have a new giving option to offer clients.
Take advantage of tax-saving gifts to charity. Americans over age 70 1/2 can transfer up to $100,000 per year from an individual retirement account (IRA) into a charitable fund without first paying federal income tax on that gift. By making the gift now, future estate and income taxes can be avoided. So your clients can give more for less.
Get personalized service from your community foundation. We'll work with you to establish the best vehicle for you client's gift. We can create a fund that meets ever-changing needs, addresses a personal cause or supportes a specific agency--all in the name of your client. It's a great way to help your clients experience the joy of giving during their lifetime.
Get your toolkit. To help you consult with your clients, download the PDF's listed below or contact us to request a packet.
Tax-free Charitable IRA (814KB PDF)
Charitable IRA Worksheet (326KB PDF)
Charitable Fund Options (468KB PDF)
Note: On December 23, 2008, President Bush signed the Worker, Retiree and Employer Recovery Act of 2008 into law. Under this new law, the minimum distribution requirement from IRAs has been suspended for 2009, but the Placer Community Foundation encourages you to learn of all the many other reasons why charitable IRA transfers can benefit your clients. Contact us to learn more.