CONTRIBUTE

*Donations of $100 or more include voting privileges.

A tax-saving way to help The North Umpqua Foundation

If you are 70-½ years or older, you can take advantage of a simple way to benefit TNUF and receive tax benefits in return. You can give up to 100,000 from your IRA directly to a qualified charity such as ours without having to pay income tax on the money. This law no longer has an expiration date, so you are free to make annual gifts to our organization this year and well into the future.

Why consider this gift? 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. Your gift will be used today, allowing you to see the difference your donation is making.

If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement. TNUF must receive your qualified charitable distribution by Dec. 31 for your donation to qualify for federal tax-free status.

Be sure to talk with your tax advisor to find out if this is the right giving vehicle for you if you plan to take advantage of this option.