Many donors can make a 2011 charitable gift straight from an IRA

The IRA Charitable Rollover is great news for people age 70 ½ and over who want to make a gift to Community Health Network Foundation and satisfy required minimum distributions from their retirement plans.

Here are the nuts and bolts:

• A simple, one-step distribution that you authorize directs money from your IRA straight to Community Health Network Foundation

• The distribution counts toward fulfilling your required minimum distribution from your IRA.

• The distribution is excluded from your gross income for federal tax purposes—a real advantage at tax time!

• Most important of all, you make an immediate impact on our work to save lives, fund medical innovation, and transform health care.

There are certain conditions that apply. For example, the total rollover amount is limited to $100,000 per donor for the tax year. And, there is no eligible income tax deduction for the distribution to us because the gift comes from IRA funds that have never been taxed.

Let us know how we can help.

You may have some questions about the IRA Charitable Rollover.

• How do I choose a rollover amount?

• Can I choose the programs I would like to support?

• How can I put my IRA Charitable Rollover in motion?

We can help. Simply call us at 317-355-4661 or email us at give@eCommunity.com

 Be sure to always consult your tax and financial advisers when considering any planned gift.