Bequest or Living Trust: This is a simple way to leave your legacy. A simple designation in your will costs nothing and is easy to revoke should your situation change. A Living Trust allows you to avoid probate; you need only name Family and Children’s Place as a beneficiary. Bequest Language.
If you are age 70 1/2 or older, you may transfer up to $100,000 per year directly from your IRA to Family and Children’s Place. Your gift could provide direct support for the more than 6,000 children and family members we serve annually. Note that rollover gifts may not go to donor advised funds, family support organizations, private foundations, gift annuities, or charitable remainder trusts.
Contact your IRA plan administrator to transfer assets directly to Family and Children’s Place by Dec. 31, 2018 to qualify for a 2018 gift. Rollovers may not be claimed after-the-fact for distributions that you have withdrawn and cashed as it is required that funds transfer directly to Family and Children’s Place. To maximize your charitable impact, consider making an IRA Charitable Rollover gift each year now that Congress has permanently extended this provision.
Your rollover gifts may be counted towards your minimum distribution requirement from your IRA and is a tax-exempt distribution from your IRA. Your gift is tax-neutral on your federal tax bill – it will not be included in your income, but neither will it be deductible. A rollover gift is preferable to withdrawing cash from your IRA, paying tax on it, donating it to a public charity such as Family and Children’s Place and receiving a federal charitable deduction limited to no more than 50 percent of your contribution base, i.e., usually adjusted gross income.
Your gift will help prevent child abuse and ensure children who have been abused recover. Reported cases of child neglect and abuse have increased by 55 percent in the state of Kentucky over the past four years. Be a Champion for Children! Your gift will help us stop child abuse.
Double your donation! Many companies offer matching gift programs to encourage employees to contribute to charitable organizations. Some provide matching funds to support employee volunteer hours. Most of these programs match contributions dollar for dollar, and some may even double or triple the amount you give!
Companies and their employees can support the important work of Family and Children’s Place, which provides lifesaving and changing services to Louisville and Southern Indiana children and families affected by violence, abuse and neglect. When you donate through the workplace, you can make a real difference in the community.
You can help support Family and Children’s Place by signing up for Amazon Smile and designating FCP as your charity. Then, whenever you shop throughout the year, Amazon will make a donation based on every order placed and your gift will help build better futures for Louisville area and Southern Indiana children suffering abuse, violence and neglect. Click here to get started with Amazon Smile
Did you know you can support Family & Children’s Place by shopping at Kroger? Enroll in Kroger Community Rewards®! Then sign up with your Plus Card and select FCP as your charity. Once enrolled, you’ll help protect children from violence and abuse and promote healthy, stable families every time you shop and use your Plus Card! Sign up with Kroger Community Rewards