IRA Charitable Rollover Reinstated for 2010-2011

The IRA Charitable Rollover and other critical giving incentives have been reinstated through 2011 as part of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Contributions for the 2010 tax year can be made retroactively through January 2011.

The IRA Rollover was first enacted in 2006 as part of the Pension Protection Act. The provision allows individuals aged 70½ and older to donate up to $100,000 from their Individual Retirement Accounts (IRAs) to public charities without having to count the distributions as taxable income.

Since the provision was first enacted, Americans have made millions of dollars of new contributions to nonprofits -- including social service programs, religious organizations, arts and cultural institutions, schools, and health care providers -- that benefit people every day.

If you are interested in giving to UCP of North Texas through the IRA Charitable Rollover program, or you have questions on how to maximize your year-end giving, please call or e-mail the development team at UCP – we look forward to assisting you.

(214) 351-2500 0r Development@ucpnorthtexas.org  

Home | Programs | Contacts | About UCP | News | Events | Support UCP | Where Are We?