IRA gift option to support the FIA

Popular Ways to Support the FIA

Two giving options are especially well suited for those in or near retirement. You will find information below about arranging gifts from your IRA or estate.

A qualified IRA distribution allows individuals who are 70.5 to make tax-free gifts up to $100,000 to one or more non-profits. These distributions must be made directly from the IRA to your favorite organizations. Charitable IRA rollovers count toward the required minimum distribution that must be taken each year.

Bequests can be made through a will or trust and may include cash, securities, and works of art or other assets. The benefits include simplicity and clear intent, and sometimes tax relief for the donor. If you already have a will or trust, a simple update to the document’s language is all that’s needed to provide your future support for the FIA.

Please contact Kathryn Sharbaugh, Director of Donor Relations, at ksharbaugh@flintarts.org or 810.234.1695 for assistance planning these or other gifts to the FIA.