As you begin to review your end-of-year charitable giving, please remember and consider a gift to the United Way-Thomas Jefferson Area Endowment. Once this Endowment is fully funded, the investment of these funds will generate the revenue needed for a sustainable organization, enabling the United Way to focus solely on its core mission of building School Readiness, Self-Sufficiency, and Community Health.
A reminder for those age 70 ½ and older: the Charitable IRA Rollover is set to expire on December 31, 2011. IRA account holders age 70 ½ and older still have time to make tax-free gifts to the United Way’s Endowment from their IRAs. These gifts can also count towards your Required Minimum Distribution for 2011.
As we write this, there is no indication that Congress will extend the Charitable IRA Rollover past December 31, 2011, so please act now: consult your tax advisor and contact the United Way.
A gift from your IRA to the United Way-Thomas Jefferson Area will be a win for the community, and a win for you.
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