Charitable Giving Through Your IRA

You worked hard and planned for retirement. Now, you can leverage your retirement assets to benefit you and your family, reduce your tax burden, and support CBF well into the future.

CBF supporters age 70½+ are choosing to support our mission today, reduce their taxable income, and satisfy their required minimum distribution (RMD) by initiating IRA Charitable Rollover gifts directly to CBF. These gifts are easy to make and can be a smart annual giving option for people who do not need or want their RMD.

CBF supporters of all ages are choosing to name CBF a full or partial beneficiary of their IRA, 401(k), 403(b), and other qualified retirement plans. Leaving retirement assets to family can significantly increase their tax burden, but CBF does not pay tax on these gifts, and can put every dollar to work protecting the Bay’s future.

To initiate a current or future gift to CBF through your IRA, contact your plan administrator today. Have the following information available:

Chesapeake Bay Foundation
6 Herndon Avenue
Annapolis, MD 21403
Tax ID# 52-6065757

For more information on how to use your IRA to help protect the Bay and its rivers and streams, fill out the form below and we will be in touch shortly. Contact Lauren Winther-Hansen at 410-268-8816 or with any questions.

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Do you enjoy working with others to help clean the Chesapeake Bay? Do you have a few hours to spare? Whether growing oysters, planting trees, or helping in our offices, there are plenty of ways you can contribute.

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