House Votes on IRA Rollover this Week: Contact Congress Today!
July 15, 2014
This week presents a rare opportunity for a vote by the U.S. House of Representatives on an issue of great importance to communities served by orchestras. On Thursday, your member of Congress will vote on H.R. 4719, a set of five charitable giving provisions, which includes reinstating and making permanent the IRA Charitable Rollover.
The IRA Charitable Rollover has generated new and increased contributions to support the work that orchestras and other nonprofit organizations carry out in communities every day. The provision expired at the end of 2013, and permits donors age 70 and older to make tax-free charitable gifts directly from their IRAs, up to an annual ceiling of $100,000.
Join the broader nonprofit community in telling Congress to vote in support of reinstating this important giving incentive. Use the Leagues advocacy campaign link below to explain how private donations support the employment opportunities, inspiring concerts, educational programs, and artistic innovation that orchestras provide in communities across the country.