IRA Charitable Distribution

At age 70 ½, IRA owners are required by law to take mandatory minimum distributions. An increasingly popular way to make gifts tax-free, transfers to Friends of Public Radio Arizona designated for the benefit of KJZZ must be made directly from the IRA or by writing a check from the IRA up to a $100,000 limit. Now that the IRA Charitable Rollover legislation is passed permanently, this enables donors to plan each year in advance.

Full Legal Name: Friends of Public Radio Arizona
Federal Tax I.D. Number: 01-0579687
For the Benefit of: KJZZ

How it Works:

IRA Charitable Rollover FAQS

Sample Letter to Your IRA Administrator

It is wise to consult with your tax professionals if you are contemplating a charitable gift under the extended law.  Please feel free to contact Brian Fergus at (480) 774-8460 or bfergus@rioradio.org with any questions you may have.

The information on this website is not intended as legal or tax advice.  For such advice, please consult an attorney or tax advisor.  References to estate and income taxes include federal taxes only.  State income/estate taxes or state law may impact your results.

 

Contact

2323 West 14th Street
Tempe, AZ 85281
(480) 774-8400
member_services@rioradio.org