IRA Charitable Rollover
Thank you for your commitment to El Campanil Theatre Preservation Foundation. Your support of our mission is extremely important to the arts in East Contra Costa County.
For more than 15 years, El Campanil Theatre Preservation Foundation has been working to bring quality entertainment close to home.
Everything we've accomplished, we've accomplished together. Through the partnership and support of individuals like you, we are building a brighter future for everyone from youth to seniors.
As you are considering your charitable giving, we want to make you aware of another way to support El Campanil Theatre Preservation Foundation that can also potentially reduce your taxable income.
You can make a distribution from your Individual Retirement Account (IRA) to El Campanil Theatre Preservation Foundation without incurring tax on the withdrawal. A gift from your retirement plan assets during your lifetime is called a Charitable IRA Rollover.
To Qualify:
age 70 ½ . Qualified charitable distributions from your IRA can total up to $100,000 per year, can be used to satisfy your required withdrawal, and may be excluded from gross income for federal income tax purposes.
To make your charitable IRA rollover contribution to EL CAMPANIL THEATRE PRESERVATION FOUNDATION, please download, fill out and give the enclosed letter of instruction to your broker.
If you have any questions, please contact us at (925) 757-1366 or admin@elcampaniltheatre.com
Sincerely,
Rick Carraher
Executive Director
El Campanil Theatre Preservation Foundation
EL CAMPANIL THEATRE PRESERVATION FOUNDATION cannot render tax or legal advice. Please consult with your professional financial advisor before making a charitable gift.
For more than 15 years, El Campanil Theatre Preservation Foundation has been working to bring quality entertainment close to home.
Everything we've accomplished, we've accomplished together. Through the partnership and support of individuals like you, we are building a brighter future for everyone from youth to seniors.
As you are considering your charitable giving, we want to make you aware of another way to support El Campanil Theatre Preservation Foundation that can also potentially reduce your taxable income.
You can make a distribution from your Individual Retirement Account (IRA) to El Campanil Theatre Preservation Foundation without incurring tax on the withdrawal. A gift from your retirement plan assets during your lifetime is called a Charitable IRA Rollover.
To Qualify:
- You must be 70½ or older at the time you make your gift.
- Transfers must be made directly from a Traditional or Roth IRA account to EL CAMPANIL THEATRE PRESERVATION FOUNDATION.
- Gifts must be outright, with no material benefits received, and cannot be used to fund gift annuities.
age 70 ½ . Qualified charitable distributions from your IRA can total up to $100,000 per year, can be used to satisfy your required withdrawal, and may be excluded from gross income for federal income tax purposes.
To make your charitable IRA rollover contribution to EL CAMPANIL THEATRE PRESERVATION FOUNDATION, please download, fill out and give the enclosed letter of instruction to your broker.
If you have any questions, please contact us at (925) 757-1366 or admin@elcampaniltheatre.com
Sincerely,
Rick Carraher
Executive Director
El Campanil Theatre Preservation Foundation
EL CAMPANIL THEATRE PRESERVATION FOUNDATION cannot render tax or legal advice. Please consult with your professional financial advisor before making a charitable gift.