Posted by Mike Travis
If you are 70 ½ years-old or older, you can now support Jewish Family & Children's Service with a gift through your IRA rollover thanks to a new bill signed into law last week by President Obama. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 restores the IRA Charitable Rollover for 2010 and permits its use in all of 2011. Under the Act, a donor age 70 ½ or older may make a direct transfer to a qualified charity from an Individual Retirement Account (IRA). Because Congress recognized that it is very late in the year, individuals who choose to make a qualified charitable distribution rollover from their IRA trustee to a charity may make their 2010 gift during 2010 or in January of 2011.
This IRA rollover provision is a powerful and unique way that donors can support Jewish Family & Children's Service and the most vulnerable throughout Greater Boston. Please contact your tax advisor and IRA custodian/plan administrator, and specify the amount of the charitable IRA rollover (not to exceed $100,000), if you would like to make this type of gift to JF&CS.
Mike Travis has been a senior development staff member at Jewish Family & Children's Service since 2008. He manages the Friends Annual Campaign and works closely with the Chief Development Officer, senior staff, and program managers to identify, solicit, steward, and cultivate current and prospective donors throughout the agency. Prior to JF&CS, he was Director of Donor Relations at The ALS Association Massachusetts Chapter. He holds a BA from the University of Massachusetts Amherst. He is passionate about social media, public policy/advocacy, doing volunteer consulting for small nonprofits, and enjoys hiking and kayaking.