Tax Free Charitable Giving

Congress has extended through 2011 the opportunity that allows you to make tax free gifts to the Piast Institute and other charities from your Individual Retirement Accounts (IRA).

I am deeply aware that your generous support ofthe Institute is rooted in your love of your Polish Heritage and your understanding and appreciation of the work of the Piast Institute and not motivated by a desire for tax advantages.
 
IRA rollover, however, provides a wonderful way to support the research, publication, education, and antidefamation work of the Piast Institute while conserving your hard earned resources. A significant tax advantage accrues to you under this program while allowing the Piast Institute to expand its programs and service to the Polish Community.
 
This opportunity is exclusively for donors who are 70 and a half or older.

The gift which is a simple one-step distribution from your IRA to the Institute, will count toward your minimum annual deduction.
The charitable IRA distribution is limited to a total of $100,000 in 2011.

Your taxable income is not affected because no taxes are due on distribution.

If you have any questions or if you would like more information, please call the Piast Institute at (313) 733-4535.
 
Thank you for your strong and continuing support of the Piast Institute. I hope your Thanksgiving is warm and gracious.
 
Sincerely yours,
Thaddeus C. Radzilowski, Ph.D.
President