Don’t Let a Dark Economy Leave Fundraising in the Shadows

Tap into retirement
Though their assets might be down also, donors can name your charity as the beneficiary of their retirement accounts, pension plans, life-insurance policies, or even make a gift of the policy itself. Donors 70.5 years or older can make gifts totaling up to $100,000 a year from their IRAs to qualified charities without incurring income tax on the withdrawal. This provision was recently renewed through the end of 2009 as part of the Emergency Economic Stabilization Act of 2008.