IRA Charitable Rollover passed into law

A permanent extension of the IRA Charitable Rollover has just been signed into law. 

This means that individuals age 70½ may make a tax-free charitable “rollover” gift up to $100,000 from their qualifying IRAs. 

Many types of NCCF component funds qualify for these rollover gifts! Designated and agency funds, scholarships and community unrestricted funds are all eligible. (Donor advised funds are NOT eligible to receive the rollover.)

Act before Dec. 31 to make your 2015 rollover gift! Contact your IRA plan provider for instructions, and make your gift to your favorite NCCF fund now! For questions or help before year-end, please contact Jennifer Tolle Whiteside, NCCF CEO, at jtwhiteside@nccommunityfoundation.org or Beth Boney Jenkins, NCCF vice president of development, at bjenkins@nccommunityfoundation.org.