IRA Charitable Rollover
If you are 70 ½ or older, the IRA Charitable Rollover is a tax-wise way to support The Chester Charter School for the Arts. You may make outright gifts of up to $100,000 per year to The Chester Fund from your IRA and avoid federal income taxation on the distribution. For gifts to be counted toward the required minimum distribution for 2016, transfers must be made by December 31, 2016.
To execute an IRA Charitable Rollover, please contact your IRA administrator. S/he will have specific instructions for making your distribution. For a sample transfer request form, please click here. Please be sure to alert Hillary Sorin that your IRA gift is on the way so we can process it. Hillary can be reached at 610-859-2988 or firstname.lastname@example.org.