Friends 72 and older or 70.5 by January 1, 2020, did you know you could bless the CRC with funds from your IRA?
The US Government requires you to remove funds from your IRA each year of face a financial penalty. You could make an IRA rollover gift each year to the CRC.
The IRA Rollover allows donors to transfer up to $100,000 directly from their IRA annually. Of course, we would be happy with any amount that you bless us with! Talk with your CPA or financial planner if an IRA Charitable Rollover is right for you. This allows you to gift directed from your IRA without taking the funds out, paying income taxes, and using after-tax funds to make a donation.
These tax-exempt gifts are vital to the CRC's success now more than ever and keeping this Holy Ground open and improving.