Monetary donations are greatly appreciated and are tax deductible
If you wish to make a monetary donation, please make your check payable to Livonia Goodfellows and mail to:
Livonia Goodfellows
P.O. Box 51982
Livonia, MI 48151
If you wish to make a monetary donation through PayPal click the button below:
Interested in donating through your IRA? See below for details:
If you are over 70 1/2 years old, you may be able to have your IRA custodian transfer funds directly from your IRA to the Livonia Goodfellows, Inc. Contributions can be made up to $100,000 per year in total to all charities without having to pay income tax on the distribution. Distributions must be made directly from the IRA to the charity, not to the IRA owner or beneficiary. You can't claim the qualified charitable distribution as a charitable deduction, but the distribution does not count as taxable income. The Livonia Goodfellows, Inc. is a non-profit 501(c)(3) corporation and is qualified as a public charity under section 170(b)(1)(A) of the Internal Revenue Code.
For those 72 and older, this may be a good way to reduce the taxable portion of your Required Minimum Distribution. Please consult with you tax professional to understand the benefits of this strategy. This is an easy, efficient way to support the Livonia Goodfellows, Inc.
If you are over 70 1/2 years old, you may be able to have your IRA custodian transfer funds directly from your IRA to the Livonia Goodfellows, Inc. Contributions can be made up to $100,000 per year in total to all charities without having to pay income tax on the distribution. Distributions must be made directly from the IRA to the charity, not to the IRA owner or beneficiary. You can't claim the qualified charitable distribution as a charitable deduction, but the distribution does not count as taxable income. The Livonia Goodfellows, Inc. is a non-profit 501(c)(3) corporation and is qualified as a public charity under section 170(b)(1)(A) of the Internal Revenue Code.
For those 72 and older, this may be a good way to reduce the taxable portion of your Required Minimum Distribution. Please consult with you tax professional to understand the benefits of this strategy. This is an easy, efficient way to support the Livonia Goodfellows, Inc.
