Gift Planning
HOW WILL YOU BE REMEMBERED?
WHAT WILL YOUR LEGACY BE?
Your legacy is what you do for other people, the impact your actions have on lives long after you are gone and how you are remembered. With planned giving you make a contribution to future generations, while you and your loved ones enjoy the financial benefits. Planned gifts may include retirement assets, stock, life insurance proceeds or real estate. By including a charitable provision in your will or trust, or by designating a future gift of life insurance or retirement plan assets, you become a partner on our mission to better our community. We are grateful to those who have made provisions in their plans and want to acknowledge their thoughtful generosity and intentionality.
Search IRA Rollover Custodians:
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Notify us of your IRA charitable rollover
If you check the box in this area, a module will open where you can enter your name and email to notify us of your IRA Rollover gift.
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Thank you for considering an IRA charitable rollover gift to us. The website link will take you to your IRA custodian's website, where you may be able to log in and make a gift to Pikes Peak United Way. Another option is to use the phone number to call your IRA custodian. They will assist you in making an IRA charitable rollover gift. If you would like to notify us of your generous IRA charitable rollover, please complete the Notify us of your IRA charitable rollover section. Please note this is a time sensitive transaction. If the IRA charitable rollover is intended to satisfy your required minimum distribution for the current year, verify with your custodian that this transaction will be completed prior to December 31. If the transaction is not completed prior to December 31, you may be subject to penalties if you have not satisfied your required minimum distribution. |
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| Thank you for considering a IRA gift to us. A sample letter is available to send to your DAF provider. You may save and print the PDF of your letter. If you have email contact information for your DAF provider, you may send a PDF copy of your DAF letter or you may copy and paste the text into an email. You will need to enter the amount of your recommended grant and your DAF account number on the letter before mailing. If you would like to notify us of your generous gift, please complete the Notify us of your DAF Gift section. | ||||||
IRA Charitable Rollover
You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.
Benefits of an IRA charitable rollover
- Avoid taxes on transfers of up to $105,000 from your IRA to our organization
- Make a gift that is not subject to the deduction limits on charitable gifts
- Help further the work and mission of our organization
How an IRA charitable rollover gift works
- Contact your IRA plan administrator to make a gift from your IRA to us.
- Your IRA funds will be directly transferred to our organization to help continue our important work.
- Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
- Please contact us if you wish for your gift to be used for a specific purpose.
Testimonial
"Karen and I have been active contributors to Pikes Peak United Way for more than 10 years. We recently reached the age at which we must take Required Minimum Distributions from our IRA accounts. In addition, the 2017 changes to the federal Tax Code made it more difficult to use our charitable contributions to PPUW and other organizations to reduce our federal tax liability.
So we discussed with our IRA Custodian the possibility of using Qualified Charitable Distributions (QCD's) to meet our charitable giving goals, while still reducing our total tax liability. The process turned out to be both simple and effective. At the beginning of each year, our IRA Custodian gives us the RMD amounts for each of our IRA accounts. At times of our choosing throughout the year, we give the Custodian a Letter of Instruction (form provided by them), directing them to send a QCD in certain amounts to one or more 501(C)3 charitable organizations. They provide a written confirmation of the transfers. I usually notify PPUW and others that "the check is in the mail", to assure it gets credited to my pledge. In addition, at the time I make a pledge, I usually advise the organization that I will be fulfilling it with a once-yearly QCD from my IRA.
We are extremely pleased with the process. It makes it easy to keep track of major gifts to the causes we support and to reduce our federal tax liability, while remaining in compliance with all the tax laws. I highly recommend it to anyone who qualifies!"
Contact us
If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.
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