Gift Planning

Gifts from Retirement Plans During Life

Gifts from Retirement Plans During Life Diagram

How It Works

  1. You take a distribution from your qualified retirement plan or IRA that is includable in your gross income
  2. You make a gift of the distribution or of other assets equal in value to the distribution
  3. You receive an offsetting charitable deduction
  4. If you are 70½ or older, read ahead about the IRA rollover opportunity available to you

Benefits

  • You may draw on perhaps your largest source of assets, with no adverse tax consequences, to support the programs that are important to you at the Gardens
  • The distribution offsets your minimum required distribution
  • If you use appreciated securities instead of cash from your distribution to make your gift, you'll avoid the capital-gain tax on the appreciation

More Information

Contact Us

Melissa Tyrone
Director of Philanthropy & Membership
863-734-1213
mtyrone@boktower.org

Federal Tax ID Number: 23-1352009

 

Bok Tower Gardens
1151 Tower Blvd.
Lake Wales, FL 33853

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BOK TOWER GARDENS

1151 Tower Boulevard

Lake Wales, Florida 33853

863-676-1408

info@boktowergardens.org

Sponsored in part by the State of Florida,
Department of State, Division of Cultural Affairs,
and Visit Central Florida.
A copy of the official registration and financial information may be obtained from the Division of Consumer Services by calling toll-free within the state. 1-800-435-7352. FreshFromFlorida.com registration does not imply endorsement, approval, or recommendation by the state. Charitable Registration Number: CH1161

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