IRA Charitable Distribution
This is good news about your IRA!
You can make a difference in the lives of Seattle Prep students through a gift from your Individual Retirement Account (IRA) at any point during the year. A charitable gift from an IRA may be more tax effective than giving directly, and may count as part, or all, of your required minimum distribution.
- Donors must be 70 1/2 on the date of the gift
- Each IRA owner may contribute up to $100,000
- Funds must be transferred directly from the IRA to Seattle Prep
- This provision is now permanent, so you can make a gift at any time.
Everyone's financial situation is different. Call your IRA custodian or financial advisor for details about your situation today.
Is an IRA Charitable Distribution not right for you? Make a cash or stock gift, then visit our Prep for Tomorrow website to learn about other ways you can support Prep students.
Tax ID # 91-0644000