Monday, February 05, 2007

IRAs fill coffers of local charities

IRAs fill coffers of local charities: "IRAs fill coffers of local charities
Rollover money is tax-free donation
Saturday, February 03, 2007
Barb Galbincea
Plain Dealer Reporter

Contributions are rolling in to Northeast Ohio nonprofits via a limited option for older Americans to roll over money from their individual retirement accounts as tax-free donations to charity.

The Jewish Community Federation of Cleveland has raised more than $1.8 million from IRAs; other area institutions report six-figure tallies."

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