Many of the health services that you receive in Curry County have been made possible by help from the Curry Health Foundation. Here are just a few of the results of the Foundation’s grant program, that have assisted in making better health care possible throughout Curry County:
- Cardiac Rehab Program
- Time-out Respite Program in Brookings
- Cancer Screening and Education
- Child Abuse Program
- Numerous High-Tech Equipment Donations to Curry General Hospital
- Exam Equipment for Curry Family Medical, Port Orford
- For a complete listing see Grants Page
SPECIAL EXEMPTION FOR IRA ROLLOVER GIFTS ENDS THIS YEAR
The IRA Charitable Rollover provision allows seniors to give tax-free gifts to charity from an IRA.
Under the Pension Protection Act of 2006, a direct transfer from an individual retirement account (IRA) to qualifying non-profits, such as Curry Health Foundation, can be made by any individual 70 ½, according to the Pension Protection Act of 2006.
Why are we telling you this? You may wish to make a charitable donation, and may be planning to write that check out of your checking account. Too late, you may realize that the government is going to be taxing the required annual distribution from your IRA. We think it’s important that you understand that if your financial institution makes a payment from the IRA to a qualified charity, that portion of your rollover is tax-free.
The prior 2007 deadline has been extended by Congress and will now expire at the end of 2008. The transfer must be postmarked or delivered to Curry Health Foundation no later than December 31, 2008.
Consult your financial adviser to determine if an IRA rollover contribution to Curry Health Foundation would be a tax advantage for you.
As a benefit to those that support the Curry Health Foundation we have
GiftLaw Planned Giving pages now online!
The Curry Health Foundation is proud to offer planned financial advisors, tax professionals, estate planners, attorneys, and all of you GiftLaw, a resource that provides vital information about changes that affect your investments, modification to tax codes, and insightful articles from some of the most knowledgeable people in the industry.
Our new GiftLaw section features
The Washington Hotline features articles regarding current legislation and lobbying relevant to financial advisors and the planned giving community.
The Case of the Week provides case studies of situations and challenges relevant to those in the estate planning community.
The article of the Month features content that is designed to broaden professionals' understanding of current laws and regulations that affect the estate planning community.
The Private Letter Ruling section allows you to read about current opinions the IRS is giving taxpayers about planned giving and its tax implications.
Here’s what you can do to help:
- Make a donation to the program or geographic area of your choice
- Leave a Legacy Locally through your Will or Estate Plan
- Attend or Support One of our Fund Raising Events
- Volunteer to Help
For more information or to make a donation, click on the other informational pages or contact us.
