Consider a legacy gift to the Friends of the Port Washington Senior Center with a review of your financial plans. Process for Financial Gifts at present: The gift is to be made to the Port Senior Center or Friends of the Center (501-C3 charitable group) with or without a specified purpose. The Director and donor review options on using the gift. You can make the Port Senior Center a recipient of a gift, any time of the year.
The Friends of the Port Washington Senior Center is a 501-C organization which can accept your charitable gifts now or designated for the future. Did you KNOW This About CharitableContributions from IRA’s? The PensionProtection Act of 2006 allowed taxpayers age 70 ½and older to make tax-free charitable donations directly from their IRA’s. By making a qualifiedcharitable distribution (QCD) from and IRA directly to a qualified charitable organization, older IRA owners were allowed to exclude up to $100,000 annually from gross income. These gifts, also known as “charitable IRA rollovers”, would
otherwise be taxable IRA distributions. This law has since been made permanent by the Protecting
Americans from Tax Hikes Act of 2015. “We will be known forever by the tracks we leave.”- Dakota Indian Proverb.
President - Richard Proctor
Secretary – Laura Laurent
Treasurer – Meg Adams