Skip to main site content

IRAs

Download form Print Page 772.429.0403 mgibbons@savethechimps.org

Use your IRA to support our mission to provide lifelong refuge and exemplary care to chimpanzees in need. Sometimes called an “IRA Rollover” or a Qualified Charitable Distribution (QCD), it is a gift made directly from your qualified IRA and can lower your taxable income. These gifts are now a permanent part of the U.S. tax code.

Benefits of this gift

  • If you are 70½ or older, meets your Required Minimum Distribution (RMD).
  • Pay no income tax on the amount withdrawn for your gift.
  • If you do not itemize your taxes and claim the standard deduction instead, a QCD can be particularly beneficial by reducing your taxable income.
  • You can give above your deductible charitable limit of 50% of adjusted gross income.
  • It’s simple to arrange and you do not need an attorney.
  • Your gift immediately goes to support the greatest needs at Save the Chimps.

How to do this gift

  • Your gift may come from a Traditional or a Roth IRA and be a one-time or a recurring distribution. Each person over the age of 70½ can donate up to $100,000 per year from their IRAs tax-free.
  • If you’re under the age of 70½, you can make a withdrawal from your IRA and donate the proceeds to Save the Chimps after taxes.
  • Funds are easily transferred to Save the Chimps (Federal Tax ID: 65-0789748). To initiate the transfer from your account, simply contact your plan administrator and have them send a check directly to us at: Save the Chimps, Inc. Attn: Director of Development PO Box 12220 Fort Pierce, FL 34979
  • The gift date is the date the funds clear your account—not the postmark date. So we strongly recommend mailing checks by December 1 to allow extra time for your gift to be deposited.
  • The check must clearly state the account is an IRA and have your name on it, and must be completed by December 31 each year.
$link['image']['alt']
Grace

Notify Us!

To ensure you are listed as the donor of record and to let us know to expect your gift, you can email mgibbons@savethechimps.org.

For more information or should you have any questions, please contact:

Melissa Gibbons
Director of Foundations and Corporate Relations
772.429.0403
mgibbons@savethechimps.org