IRA Charitable Contribution
Here’s a special way to support WHRO Public Media if you are age 70½ or older!
Qualified Charitable Distributions (sometimes called IRA Charitable Rollovers) were first enacted as part of the Pension Protection Act of 2006 and made permanent in the Protecting Americans from Tax Hikes Act of 2015. With a Qualified Charitable Distribution you can make a gift directly from your IRA each year, without having those distributions included in your adjusted gross income (AGI).
Advantages to you:
- You can use an often-overlooked asset to make a gift to WHRO.
- You avoid recognizing taxable income on the distribution.
- You can receive a tax benefit regardless of whether you itemize deductions or take the standard deduction on your income tax return.
- The distribution can count toward your required minimum distribution for the year.
WHRO does not provide any legal or tax advice and encourages you to seek advice from your accountant, attorney, or other independent professional advisor to determine how an IRA Qualified Charitable Distribution might affect your tax situation.
What your plan administrator will need:
Corporate Name: Hampton Roads Educational Telecommunications Association, Inc.
Federal Tax ID# (EIN): 54-0843118
Mailing Address: WHRO Public Media (Attention: Development), 5200 Hampton Blvd, Norfolk, VA 23508
Please request that your plan administrator include your name either on the check or with any other documentation provided with the check.
For more information about making a Qualified Charitable Distribution from your IRA to WHRO, contact Kate Pringle, Director of Major and Planned Giving, at kate.pringle@whro.org or 757.889.9370.