IRA ROLLOVER
If you are age 70 1/2 or older, you may direct your IRA custodian to distribute any amount (up to $100,000 annually) to Frankie’s Friends. Although you would not receive an itemized income tax deduction for this gift, your distribution would fulfill some or all of your required minimum distribution (RMD) without increasing your taxable income.
Benefits of an IRA Charitable Rollover
Enables you to make a current gift of IRA assets to Frankie’s Friends
Fulfills some or all of any required minimum distribution without increasing taxable income
Perfect charitable gift for those that don’t itemize as it does not provide an upfront income tax deduction
How an IRA Charitable Rollover IRA Gift Works
Contact your IRA plan administrator to make a gift from your IRA to us.
Your IRA funds will be directly transferred to our organization to help continue our important work of saving pets’ lives.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
With your help, Frankie’s Friends helped Lala receive lifesaving surgery for pyometra.
“My children and I thank you from the bottom of our hearts. Lala is a valuable member of the family and she has been with us for 11 years, hopefully many more. My 17 year old daughter is specially attached to her and because of her she plans on attending Veterinary school. She had already been accepted to two IL universities. We have been so worried about Lala all month that we have not been able to celebrate her accomplishment. Being able to pay for the medical bill and save her life will be the best Christmas blessing.” – Lala’s Family
Thank you for considering becoming a donor supporting Frankie’s Friends Planned Giving Program. Should you have any questions please contact Lisa Bricker, National Development Director, at:
lisa.bricker@frankiesfriends.com or by calling 888.465.PETS | 813.682.1346
or you can contact us using the form below.