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John,
The end of 2023 is fast approaching. With 2024 on the horizon, KQED is busy getting ready for an election year. Our journalists are hard at work planning to bring you the most up-to-date information on both local and national politics. And it's all because of your generous support that we're able to have staff dedicated to providing this critical information.
As we enter into this busy time, we're also facing budget shortfalls. The economy has been uncertain and many of our members have had to reduce their giving.
The good news is, there may be a way for you to help us close the gap while also providing yourself with an extra benefit: a donation from your IRA.
If you're 70 1/2 or older, you can make a tax-free gift directly to KQED from your IRA. You'll enjoy tax savings while also supporting local public media. If you're 73 or older with a traditional IRA, a donation can also help you meet your Required Minimum Distribution (RMD) for the year.
You can exclude up to $100,000 of this gift from your federal gross income — resulting in lower taxable income and possible tax savings without having to itemize. A $200,000 exclusion may apply for taxpayers who are married and filing a joint return.
I hope you'll consider supporting local public media by donating through your IRA! To be sure that your gift is fully processed in 2023, please be sure to submit your donation by December 1.
Again, thank you so much for your support of KQED.
Sincerely,
Autumn Woish
Executive Director, Membership Fundraising & Donor Relations
P.S. Stock donations are another great option for supporting KQED!
KQED's tax ID is 94-1241309 |
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