IRA Gifts

Thank you for considering making a charitable gift from your IRA (Individual Retirement account).
Making a direct charitable gift from your IRA is a wonderful way to support young people in Indiana 4‑H
programs, and it is a tax-smart idea, too.

 

Here are the details:

    • Under federal law, anyone age 70 ½ or older can make a direct gift from their IRA to a qualified
      501(c)(3) nonprofit organization like Indiana 4‑H Foundation.
    • The benefit to you is, you do not have to pay tax on this income. The income goes directly to the
      charity. For some people, this is very beneficial because that extra income may put them in a higher tax
      bracket or have other tax implications.
    • Your charitable gift will also be counted towards your Required Minimum Distribution (RMD). 401k,
      403b and other retirement plans not eligible.)
Here is how you make a gift from your IRA:

1. Your gift needs to go directly from your IRA account to Indiana 4‑H Foundation.

2. Write a check from your account or have your IRA administrator issue a payment to Indiana 4‑H
Foundation.

3. Please include the Indiana 4‑H Foundation Tax Identification Number: 35-1097611

4. Mail your check to:

Indiana 4‑H Foundation, Attention Shelly Bingle
615 West State Street
West Lafayette, IN 47907

Did you know…

You can name Indiana 4‑H Foundation a beneficiary of your IRA or other retirement plan? Typically, if you leave an IRA to anyone besides a spouse, the remainder of your IRA can be heavily taxed. However, if you leave your IRA to a qualified 501(c)(3) nonprofit organization, like Indiana 4‑H Foundation, every single, hard-earned dollar will be put to good use, as the nonprofit does not pay taxes on your IRA gift.

Learn More

To learn more about gifts from an IRA or other retirement account, please contact:

Shelly Bingle, Executive Director, phone: 317-445-7977, email: shellyb@purdue.edu

Have you already named Indiana 4‑H Foundation as a beneficiary of a retirement plan, life insurance or
any other account, or if 4‑H is named in your will or trust, please contact Shelly Bingle to ensure your gift
will be used as you wish.

Indiana 4‑H Foundation Tax Identification Number: 35-1097611

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