Why IRA Rollovers and Gifts of Stock Make Excellent End-of-Year Donations

December 14, 2017 - Paul Downey

Paul Downey, our President & CEO, shares why IRA rollovers and gifts of appreciated stock make excellent end-of-year giving options!

More Info:

  1. GIFTS OF APPRECIATED STOCK

    To transfer a gift of stock to Serving Seniors, please provide your broker with this information:

    Serving Seniors’ Broker: Charles Schwab
    Account Name: Serving Seniors Cash Reserves
    Account Number: 9199-5187
    DTC Number: 0164
    Serving Seniors’ Tax ID: 95-2850121

    Please notify Lori Gremel of your intent to make a gift of stock, so that we can acknowledge your gift and provide you with information for your tax return.

    Lori Gremel, Chief Development and External Affairs Officer: lori.gremel@servingseniors.org or 619-487-0608.

  2. IRA ROLLOVERS

    Taxpayers age 70 ½ or older may transfer up to $100,000 annually from their IRA account directly to charity without first having to recognize the distribution as income; this means you avoid paying income tax on the distributed amount. Please contact your IRA administrator for information and forms, and let us know of your intent by contacting Lori Gremel, Chief Development and External Affairs Officer: lori.gremel@servingseniors.org or 619-487-0608.

  3. DONATE BY CREDIT CARD

    donatenow.networkforgood.org/servingseniors

  4. MAIL A CHECK

    Serving Seniors
    525 14th Street, Suite 200
    San Diego, CA 92101

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