Your gift will help ANDRUS continue to provide high-quality services
to children and their families dealing with complex emotional issues.
ANDRUS is a tax-exempt charitable organization, so a gift of securities that have been held longer than one year may be especially advantageous to you. You will not pay capital gains taxes on a transfer of appreciated stock to ANDRUS, and you will be able to claim a charitable income tax deduction for the full, appreciated value of the stock.
Assets in a traditional individual retirement account (IRA) can make a wonderful gift to ANDRUS.
If you or your spouse is age 70½ or older and must take distributions from your IRA, you are permitted to distribute up to $100,000 annually directly from your IRA to charity, without incurring income tax liability on the distribution. A distribution from your IRA will count toward your required minimum.
Please note that not every financial institution identifies the donor on the IRA Rollover check.
E-mail us at email@example.com to let us know to expect your gift, so we can thank you promptly.
Donors between ages 59 ½ and 70 ½ are permitted to take distributions from their traditional retirement plans with no early-withdrawal penalty. The income tax liability you incur on this IRA withdrawal is partially offset by the charitable income tax deduction you will earn by making your gift. Please consult your tax advisor to make sure this type of gift works with your financial situation.
Our tax identification number is: 13-2793295. ANDRUS is also known as the Julia Dyckman Andrus Memorial (JDAM).