New Information

     Greetings from One Rotary Center!   I am writing to share with you some good news.  As of December 18th, 2015, Congress passed the PATH Act which makes the IRA Charitable Rollover permanent law!

     The relevant provision allows donors age  70 ½ and older to donate as much as $100,000 directly from their IRA to charity without incurring income tax.  Because this provision is retro-active to 1 January 2015, all IRA transfers made directly to charity in 2015 will receive income tax-free treatment.

     Please share this news with Rotarians in your club.   This giving option might be of interest to numerous Rotarians in your area who are looking to make year-end gifts.  If anyone is considering an IRA Charitable Rollover or other 2015 gift please have them contact me as soon as possible (Rachel.Greenhoe@rotary.org or 847-866-3476).