The IRA charitable rollover, which allows taxpayers age 70 ½ or older to make tax-free charitable gifts of up to $100,000 per year directly from their Individual Retirement Accounts to eligible charities, is now a permanent part of the U.S. tax code. If you are eligible, please ask your IRA custodian to send your donation to:
Living Bread Radio Network
Director of Development
4365 Fulton Dr. NW
Canton, OH 44718
[To make a year-end contribution to Living Bread Radio, please donate online, call Molly Romano to make a credit card donation over the phone, or send your check to the above address.]
The IRA charitable rollover has proven to be very popular with taxpayers and beneficial to charities. Despite its broad appeal, the provision remains limited in several respects: it is limited to taxpayers age 70 ½ or older; the amount of gifts is capped at $100,000; and donors are specifically not permitted to make charitable rollovers to donor-advised funds, supporting organizations, and private foundations.
– See more at: http://www.cof.org/public-policy/ira-charitable-rollover#sthash.kQj6GOA8.dpuf