Charitable Distributions from IRAs |ACBL Educational Foundation
If you are 70½ or older, you may make gifts totaling up to $100,000 a year directly from your IRA to qualified charities.
The benefits of making a gift to the ACBL Educational Foundation satisfies the required minimum distribution, but is not included in your taxable income. You will also avoid income tax on your IRA withdrawals, and you will be supporting the important programs of the Foundation with a tax-free gift.
The ACBL Educational Foundation is a registered 501(c)(3) non profit organization #58-1733600. Your donation is tax deductible to the extent allowable by law. No goods or services will be provided in return for this contribution.
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