At age 72, IRA owners are required by law to take mandatory minimum distributions. An increasingly popular way to make gifts tax-free, transfers to Nine PBS must be made directly from the IRA or by writing a check from the IRA up to a $100,000 limit. This enables donors to plan each year in advance.
Please find a sample letter of instruction for your financial institution HERE.
Please note the IRS prohibits gifts in exchange for an IRA contribution. This means that we are unable to offer you a gift, pledge item, or any other type of benefit in return for your contribution. It is important for us to abide by the rules and regulations set by the IRS to maintain the tax-exempt status of our organization.
We hope this clarification does not discourage you from continuing to support our mission and goals. Your contribution, regardless of its form, is highly valued and helps us achieve our objectives. If you have any further questions or concerns, please do not hesitate to reach out to us.
Legal Name: St. Louis Regional Public Media, Inc.
Federal Tax ID #: 43-0685345
3655 Olive Street
St. Louis, MO 63108
Office: (314) 512-9129
Cell (314) 402-7156