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IRA Charitable Rollover Allows Donations Up to $100,000

Donors who are 70 1/2 or older can make a Qualified Charitable Distribution of up to $100,000 to the Woodlawn Foundation and have it excluded from gross income. The donation must be made directly from the financial institution to a qualified charity. The donation fulfills the legally required minimum distribution. Contact the Woodlawn Foundation for more information on making this type of gift.

 

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tel 914-632-3778
fax 914-632-5502

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