Please call Susan Stuart for the directions to make a securities donation – 410-730-4976, ext. 106.
How an IRA Charitable Rollover Gift Works:
Making a distribution is a very easy process. Simply contact your plan administrator and let them know you would like to make a charitable donation from your IRA (Depending on your plan, you may be able to do this online, or by writing a check directly from your IRA account.).
You will need to provide the following information:
Jewish Federation of Howard County
10630 Little Patuxent Parkway, Suite 400
Columbia, MD 21044
You may be asked for our EIN when your distribution requests are made: 23-7072654
At the end of the year, the administrator will provide you with a Form 1099-R so you can report it on your taxes. The distribution will go on your Form 1040 tax return, where you will report the distribution as a non-taxed Qualified Charitable Distribution. Contact your tax professional for additional information.
For a QCD to count towards your current year's Required Minimum Distribution, the funds must come out of your IRA by your RMD deadline, generally December 31.
Did you know many companies offer a matching gift program to encourage philanthropy among their employees? Some companies will even match to spouses and retirees!
By simply completing a matching gift form (on-line or paper), you may be able to double, or even triple, the impact of your gift!
Use the search field below to see if your employer participates in a matching gift program.