Qualified Charitable Distribution: IRA Rollover Gifts
Making a gift through your Individual Retirement Account (IRA) is a great way to make a charitable donation.
A BENEFIT for YOU:
Making an IRA rollover gift not only helps the Paramount but will also help you fulfill your required minimum distribution. This type of gift ensures that you pay no income taxes on the amount you designate because the transfer generates neither taxable income nor a tax deduction. This is a benefit even if you do not itemize your deductions.
To make such a gift you must be 70 ½ years of age or older. If you decide to gift in this manner, please ask your financial advisor to include your name with your gift which will help us to ensure you are properly credited and recognized for your donation.
Provide financial institution the Paramount’s Tax ID Number: 41-1809017
For more information or support in making an IRA Rollover gift please contact:
Dawn Loven, Director of Development 320-257-3116 firstname.lastname@example.org
There are a variety of ways that you can donate and support Paramount Center for the Arts.