Gift of Required Minimum Distribution (RMD)
The Internal Revenue Service requires minimum distributions at age 72 from tax-deferred retirement accounts, such as IRA, 401(k), and 403(b). By gifting all or part of your RMD to Founders Hall through a direct transfer from your retirement account custodian, you can satisfy your RMD without affecting your income, which may lower your taxable income. Your trusted financial advisor can provide advice specific to your unique situation.
When making your gift, you may indicate if it is in honor of or in memory of someone special. Some Founders Hall donors honor or memorialize friends, family, Founders Hall members or staff. A special section of our annual impact report lists the honorees’ names, thus acknowledging these touching tribute gifts.
Some companies match or even double the gifts made by their employees and/or retirees to charities. This is a wonderful way to increase your impact on the mission of Founders Hall. Usually the employee/retiree has to fill out a form provided by the company and give it to Cindy Nesbitt, Director of Development. Ask your company’s human resources department about matching gifts today.
Gifts of Stock or Securities
Name Founders Hall as a Beneficiary
He was stunned to learn that Founders Hall – with its beautiful building, plethora of classes, and abundance of activities – has no membership fee. An adherent of the philosophy “those who can, should” Craig quickly became an annual donor. He recently switched his giving to a monthly plan, which he prefers. “It is easy and Founders Hall receives it in an even stream, which I think is better,” Craig said. “The opportunities Founders Hall gives us are incredible. The least I can do is donate every month.”