Did You Know? Individuals 70 ½ or older are able to direct up to $100,000 from their IRA to support charitable causes, like the Furniture Bank of Central Ohio, while paying zero taxes* on the amount transferred. These charitable gifts may also count toward an IRA’s required minimum distribution*. To give through an IRA transfer, contact your IRA administrator, in writing, to make that distribution and to include your name and mailing address with the distribution check.
Please make the check payable to Furniture Bank of Central Ohio and mail to:
Furniture Bank of Central Ohio
Attn: Development Office
PO Box 164206
Columbus, OH 43216-4206
The Furniture Bank’s Tax Identification # (EIN) is 31-1600869. For more information, please contact Andrea Lopez at (614) 545-3838 x 207 or alopez@furniturebankcoh.org.
*Consult with your tax advisor.