The Nebraska Community Foundation works with community, organizational and donor-advised affiliated funds serving 250 communities located in 80 counties. NCF and its affiliated funds have reinvested $269 million in Nebraska since 1994.
The Charitable IRA Rollover provision was permanently extended in 2015. This law allows an individual who is 70½ or older to gift up to $100,000 from his or her IRA directly to a qualified charity such as the Nebraska Community Foundation or for the benefit of an Affiliated Fund of NCF without having to recognize the IRA distribution in taxable income.
How it Works:
Download a Factsheet on the Charitable IRA Rollover - (pdf)
More and more farmers are considering gifts of grain to fulfill their charitable intentions.
When a farmer delivers grain to market and transfers ownership to a charity, they get greater tax savings than if they sell the commodity and then write a check from the proceeds.
The Nebraska Community Foundation makes it easy for ag producers to make charitable donations.Read more →