Your gift supports women and girls throughout East Tennessee
The Women’s Fund of East Tennessee is grateful to our membership and recognizes the remarkable difference you make across our 25-county service area. We are honored to be chosen and trusted with your investment and are truly thankful for your support of our mission.
Our Founders and Society Members, combined with gifts from corporations, foundations and civic clubs, fund current programs and help grow the Women's Fund endowment to create a permanent resource to break down barriers for low-income women and girls in 25 counties.
The Women’s Fund relies on a strong tradition of annual leadership giving to support the network/grant making, advocacy, awareness and operations programs that keep the Women’s Fund strong, resourceful, and impactful until our endowment is self-sufficient.
Tax-Free IRA Gifts
For those aged 70½ or older, it is once again possible to make tax-favored charitable gifts from traditional and Roth IRA accounts.
On December 18th the President signed into law legislation that retroactively extends the charitable IRA rollover for 2015 and makes this provision permanent for future years. A total of up to $100,000 can be transferred directly from traditional or Roth IRAs to one or more qualified charities such as the Church Health Center free from federal income tax each year. There may also be state income tax savings. Amounts given in this way count toward required IRA minimum withdrawal amounts for the year of the gift.
To make such gifts, it is important to not withdraw funds prior to a gift, but have the gift amount distributed directly from an IRA to one or more charities. For those with check writing privileges on their accounts, this may be the most efficient way to make gifts directly from an IRA.
Check with us, your IRA administrator or your tax advisor for more information.
“Working collectively provides many opportunities to break down barriers for low-income women and girls. Developing a Network across 25 counties to provide access to post-secondary education is a great example of the power that comes when women pool their resources. Thank you for supporting our vision to make every woman self-sustaining.”
Women's Fund 2020 Board Chair