Did you know that the Pension Protection Act of 2006 made important tax law changes related to charitable contributions?
Did you know that donors over the age of 70 ½ are now able to transfer, directly to your nonprofit and tax-free, up to $100,000 from their IRA each year?
Did you know that charities are now encouraged to acknowledge all contributions, whatever the amount, with a written receipt showing the date, amount of the contribution and name of the agency?
For more info on the new contribution requirements visit the IRS website.