|
Gifts of a
Lifetime
|
A New Giving Option
Legislation recently enacted by Congress to encourage
broader charitable giving offers an attractive but limited
opportunity to make tax-free gifts in 2007 using
distributions from your individual retirement account (IRA).
Donors must be at least 701/2 years old. Gifts as great as
$100,000 can be made, but in order for them to be tax
deductible, they must be transferred directly to the
recipient organization by your IRA custodian. Your custodian
can provide further details about this IRA rollover
provision.
Ruth Kalla Ungerer, the Council’s director of development,
is available
at (212) 339-0515 or at
rungerer@popcouncil.org to answer
questions about making such one-time gifts in support of the
Population Council’s work. |
In each of the past two years, the Population
Council has received generous bequests from individuals devoted to
furthering the Council’s mission of improving lives. Such gifts often
are transformative in nature by enabling the underwriting of a major
program area or work in a specific region of the world. Former Council
friend and colleague Carl Frisén, a highly respected member of the
population community who was the first chief of the United Nations
Economic and Social Commission for Asia and the Pacific (ESCAP) and who
worked for many years in Thailand, chose to designate the proceeds of
his trust for Council activities in Asia.Several Council supporters have told us of their
plans to bequeath money to the Council, and we have had the opportunity
to express our gratitude to them. If you are considering such a gift,
please let us know. Our goal is to work with you to ensure that your
philanthropic objectives are realized. We want to celebrate in your
lifetime the legacy you plan to provide to better the lives of future
generations.
(Return to issue contents)
|
|
