IRA & DAF Gifts

Give Through Your IRA

Under the Taxpayer Relief Act of 2015, if you are over the age of 70½, you can distribute up to $100,000 per calendar year from an IRA to a non-profit organization such as the Food Share, tax-free. This can be especially advantageous to IRA owners who are required each year to take their minimum distributions—which are then included in their taxable income. An IRA gift that is directed to an organization such as the Food Share, counts toward the required minimum distribution, but is not included in the IRA owner’s taxable income. This is known as an IRA charitable rollover or a qualified charitable distribution.

To make an IRA charitable distribution:

• You must be 70 ½ or older at the time of the distribution.
• Have your IRA administrator make the distribution directly to Marion Polk Food Share at 1660 Salem Industrial Dr. NE, Salem, OR 97301.
• The Food Share’s tax-ID number is 94-3034161.

Give Through Your Donor-Advised Fund

Making a gift to Marion Polk Food Share through your donor-advised fund (DAF) is a simple way to provide nutritious food for your neighbors in need.

To support the Food Share through your donor-advised fund:

• Make an outright gift by recommending a grant from your donor-advised fund to Marion Polk Food Share
• Name Marion Polk Food Share as a beneficiary of your donor-advised fund.

About Donor-Advised Funds

Making a gift to Marion Polk Food Share through your donor-advised fund (DAF) is a simple way to provide nutritious food for your neighbors in need.

To support the Food Share through your donor-advised fund:

• Make an outright gift by recommending a grant from your donor-advised fund to Marion Polk Food Share
• Name Marion Polk Food Share as a beneficiary of your donor-advised fund.

If you have any questions, please fill out the form below.

This information is not intended as financial or legal advice. Please consult your professional advisors for advice before taking any action.