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- Pay no income tax on the amount withdrawn for your gift.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.
Notify Us!
To ensure you are listed as the donor of record and to let us know to expect your gift, you can email mstreeter@savethechimps.org.
For more information or should you have any questions, please contact:
Melissa Gibbons
Director of Foundations and Corporate Relations
772.429.0403
mstreeter@savethechimps.org