If you are over the age of 70 1/2 you can make a Qualified Charitable Contribution that is non-taxable of up to $100,000 to NSHF directly from your IRA. This will avoid any income tax and possibly lower Medicare and SS tax based on your other income.
Simply contact your Advisor or brokerage firm and they will take you through it.
Navy Safe Harbor Foundation (Federal Tax ID#26-2884367)tax deductible under 170©3 governing contributions to 501© 3 organizations.
2961-A Hunter Mill Rd., Suite 644, Oakton, VA 22124-5437
