QUALIFIED CHARITABLE DISTRIBUTIONS THROUGH YOUR IRA
You worked hard and planned for retirement. Now, you can leverage your retirement assets to benefit you and your family, reduce your tax burden, and support CFUF’s mission to dismantle poverty and strengthen urban communities by helping fathers and families achieve stability and economic success.
CFUF supporters age 70½+ are choosing to support our mission today, conserve their cash assets, and reduce their taxable income by initiating Qualified Charitable Distributions (QCD). When you send your annual or special year-end gift to CFUF directly from your Individual Retirement Account (IRA) through a QCD, you exclude the gift amount from your taxable income up to a maximum of $100,000 annually, with some exceptions. Please consult your tax advisor for information regarding your specific exceptions.
CFUF supporters of all ages are also choosing to name CFUF a full or partial beneficiary of their IRA, 401(k), 403(b), and other qualified retirement plans. Leaving retirement assets to family can significantly increase their tax burden, but CFUF does not pay tax on these gifts, and can put every dollar to work dismantling poverty and strengthening urban communities.
To initiate a current or future gift to CFUF through your retirement account, download and complete our gift distribution form. Send the completed form to your IRA trustee, who will complete your distribution.
After you have sent the distribution form, please submit a Qualified Charitable Distributions Gift Notification Form, so that we can make sure to thank you and make sure that your gift funds what you intended.