If you're at least 70½ and have a traditional IRA, SIMPLE IRA, or SEP, you may make what's called a "qualified charitable distribution" from those accounts to our charity. If you arrange with your account administer to have the funds sent directly to us, you won't have to pay Arizona or federal income tax on the distribution (as you would if you had it paid to yourself or anyone other than a qualified charity like ours).

You could satisfy some or all your required minimum distributions (RMDs) this way.

Just tell your account administrator you wish to make a qualified charitable distribution to SpecialNeedsScholarships.org. We’ll send you a receipt for your tax records. Send us an email indicating your filing status.

Check with your tax adviser regarding your particular situation.

 

 

SpecialNeedsScholarships.org
824 E. Hampton Ave.
Mesa, Arizona 85204
Phone: 480.612.2836
Fax: 480.744.1590
SpecialNeedsScholarships@gmail.com