Gift Planning

Qualified Charitable Distribution (QCD) or “IRA Rollover” Gifts for Donors Aged 70½ or Older

Gifts from Retirement Plans During Life Age 70½+ Diagram

How It Works

  1. You are 70½ or older and instruct your plan administrator to make a direct transfer of up to $100,000 to the Gardens
  2. Plan administrator makes transfer as directed to the Gardens

Benefits

  • Your gift is transferred directly to the Gardens; since you do not receive the funds, they are not included in your gross income*
  • Your gift will count towards your minimum distribution requirement, which, under the 2019 SECURE Act, begins at the age of 72
  • You support the programs that are important to you at the Gardens

*No income-tax deduction is allowed for the transfer.

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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Disclaimer

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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