LEGACY GIVING
Legacy Giving to the Fund for Equal Justice, Inc. (the nonprofit partner of the Buck Dinner) allows you to contribute tax-free charitable gifts directly from your Individual Retirement Account, Will, Trust, Life Insurance or Stocks.
Remember the Buck Dinner in your Will or Trust
By including the Fund for Equal Justice (the nonprofit partner of the Buck Dinner) in your will, you can memorialize a lifetime of supporting social and economic justice, civil rights, peace and equality, and guarantee that your voice for human rights will carry on.
Make tax-free charitable gifts directly from your
Individual Retirement Account
If you are age 70½ or older, you can make tax-free charitable gifts of up to $100,000 per year directly from your IRA to eligible charities, such as the Fund for Equal Justice, Inc. Qualified Charitable Distributions satisfy your required minimum distribution while avoiding the potential negative tax consequences that regular IRA withdrawals in retirement can create. The contribution must be made directly from a traditional IRA account by your IRA administrator. Donating IRA assets can be a financially rewarding strategy for both you and the Fund for Equal Justice. As always, you should talk with your financial representative or tax adviser before making a decision that alters your tax situation.
To qualify:
You must be age 70½ or older at the time of gift.
Contributions must be made directly from a traditional IRA account by your IRA administrator to the Fund for Equal Justice, Inc.
Gifts must be outright. Distributions to donor-advised funds or life-income arrangements such as charitable remainder trusts and charitable gift annuities do not qualify.
Gifts from 401k, 403b, SEP and other plans do not qualify. Ask your financial advisor if it would be right for you to create a traditional IRA account so you can benefit from the IRA Charitable Transfer.
Benefits:
Satisfy your required minimum distribution for the year.
Avoid taxes on transfers of up to $100,000 annually.
Reduce your taxable income, even if you don’t itemize deductions.
Make a gift that is not subject to deduction limits on charitable donations.
Further the work and mission of the Fund for Equal Justice.
How an IRA charitable rollover gift works:
Contact your IRA plan administrator to make a gift from your IRA to the Fund for Equal Justice, Inc. A sample letter to your administrator can be found here.
Your IRA funds will be directly transferred to our organization to help continue our important work.
Please note that because IRA charitable rollover gifts reduce your taxable income, they do not qualify for a charitable deduction.
Please contact info@buckdinner.org if you wish for your gift to be used for a specific purpose.
Name the Fund for Equal Justice as a beneficiary on Your Life Insurance
By naming the Fund for Equal Justice, Inc. as a primary or secondary beneficiary on your life insurance you can support the Buck Dinner’s work to advance human and civil rights while ensuring that your loved ones are provided for.
Stock Gifts
Make a contribution to the Fund for Equal Justice with stock or mutual fund shares instead of cash and save on capital gains taxes.
For more information please contact info@buckdinner.org