Support Fishtrap with a Tax-Free Gift
If you are 70½ years old or older, there’s a great way to support the Fishtrap programs you love and receive tax benefits in return. With a Qualified Charitable Distribution, you can donate all or part of your required minimum distribution up to $100,000 from your IRA directly to Fishtrap without having to pay income taxes on the money.
- Your gift will be put to use today, allowing you to see the difference your donation is making.
- You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
- If you have not yet taken your required minimum distribution for the year, a qualified charitable distribution to Fishtrap can satisfy all or part of that requirement.
How to make a Qualified Charitable Distribution to Fishtrap:
- Instruct the firm that manages your IRA to direct some or all of your Required Minimum Distribution to Fishtrap.
- Your firm will ask for Fishtrap’s EIN# and mailing address:
- EIN#: 93-1075971
- PO Box 38, Enterprise, OR 97828
- The firm will send the money directly to Fishtrap, or send you a check made out to the Fishtrap, which you can then forward.
Fishtrap will send you an acknowledgement for your tax records. Questions? Contact us.