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Save Taxes. Support BFC. Feel Good. Give to Bread for the City Through Your IRA!

Did you know that individuals 70 ½ years old or older can direct gifts from their IRAs to Bread for the City?! This opportunity may have great tax benefits to you, while simultaneously supporting the safety-net programs of Bread for the City.

Some important notes:IRA Rollover Is Back

  • Any qualified charitable distributions made in 2015 will not be included in your gross income for 2015.
  • You must be 70 ½ years old on the date of transfer.
  • The total maximum distribution per person is $100,000; a couple may be able to give up to $200,000.
  • Distributions can be made only from a traditional or Roth IRA. Other retirement plans, such as pensions or 401(k) plans, are not eligible.
  • The distribution must come directly to Bread for the City from your IRA administrator.

You have until December 31, 2015 to make a direct distribution to Bread for the City from your IRA, and it will be applied towards your 2015 charitable IRA distribution.

Questions? Email Kristin at (And don’t forget to consult your personal tax adviser!)

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