Bill Moore didn’t waste time in taking advantage of the Pension Protection Act of 2006, which allows direct gifts from individual retirement accounts (IRAs) to qualified charities. “When I heard about the new law, I was very pleased, but I knew I had to act quickly,” he says. “The provision makes gifts like this possible only through 2007.”
With help from the Providence Office of Gift Planning, Bill was able to transfer $100,000 of his IRA directly to Providence Cancer Center. “In this way, the funds are available today,” he says, “and I can see how my contribution will enhance cancer research and care in the Northwest.”
To learn more about the Pension Protection Act, please call Lon Dufek at the Providence Office of Gift Planning, 1-877-228-2574 or e-mail him at lon.dufek@providence.org.