Tag: required minimum distribution
10
Really Making A Difference With A Required Minimum Distribution
With limited dollars and staff, Pierce County nonprofits really make a difference. That’s why Sheri Tonn and her husband, Jeff, chose to make a Qualified Charitable Distribution with the Required Minimum Distribution from their IRA. As a co-founder and long-time Board Member of Communities for a Healthy Bay, Sheri Tonn has seen the impact nonprofits > Continue Reading
8
Charitable Giving Incentives From The CARES Act
COVID-19 and the necessary public health measures to address it are having a huge impact on the normal operations of nonprofits and community service providers in Pierce County and across the country. From shutting down operations to the sudden surge in need for vulnerable communities, nonprofits were not able to plan for or prepare > Continue Reading
14
An Opportunity for Impact Arrives at Age 72
A GTCF fundholder said, “A lightbulb went off!”, when he discovered a sometimes-overlooked opportunity to support a thriving community available after age 72 . It isn’t traditionally seen as a milestone birthday, but age 72 can be reason to celebrate. That’s when Individual Retirement Account (IRA) holders must begin taking minimum withdrawals annually, known > Continue Reading