These two easy steps could help you change lives and save on your taxes.
Are you 70 ½ years old or older? If you are, you can make a life-changing gift from your IRA account to Denver Rescue Mission and potentially save on your taxes!
Gifts of up to $100,000 per year that are made from your IRA to a qualified charity like Denver Rescue Mission may not be considered taxable income, and may qualify for your required minimum distribution (RMD), which could lower your income and taxes.
Please ask your financial institution to use the following address to ensure your gift arrives correctly:
Denver Rescue Mission
PO Box 5206
Denver, CO 80217
How to Donate From Your IRA
Step 1) Notify Denver Rescue Mission
To confirm the proper crediting of your IRA donation, please contact us to notify us about your donation.
Step 2) Provide direction to your custodian/financial institution
Completing your IRA donation is easy. Simply download this IRA donation letter of intent, and send it to your IRA Custodian or financial institution.
Have questions? Contact us or give us a call at 303.297.1815 to learn more.
*Limitations may apply, consult your tax advisor to learn more about making an IRA charitable rollover gift