Consider giving through your IRA

We are here to assist you to make a contribution from your IRA account or your brokerage account before the end of the year. If you have an IRA, 401k, or 403b account and you have not taken your required mandatory distribution for 2021, you will be receiving a notice from your account administrator asking you to complete your withdrawal paperwork or determine if you want the same withholding and distribution as last year.

This is your chance to direct a portion or all of your required distribution to the Family & Children’s Center and avoid taxes due on the distribution. Under the current tax laws, it is harder to itemize. This is a way for you to avoid the income added to your personal tax return while also giving a contribution to help FCC. Your gifts will help us continue to support and serve families and individuals as the largest human services agency in southeastern Minnesota and western Wisconsin with more than 4,600 people served annually.

If you have stocks in a brokerage account and wish to donate a particular stock, you may avoid the capital gains tax due on sale by contributing it directly to Family & Children’s Center. You can also receive an itemized deduction for the fair value of the stock at the time of the transfer. This transfer takes place directly from your brokerage account to the Family & Children’s Center account. We will work with you and your brokerage firm to receive and complete the proper paperwork to affect the transfer.

With your support, we will continue to help provide Better Tomorrows for all who live in our area. But we cannot do it without your help. Thank you for any future consideration you may give us through a gift from your IRA or another method of your choice.

For more information or to receive a simple form to share with your IRA Administrator, please contact Stephani Klumpp, Director of Advancement & Marketing at (608) 785-0001 or email Stephani at sklumpp@fccnetwork.org.