Mail in Donations & General Questions
To mail in a donation send to Awana, 1 East Bode Road, Streamwood, IL 60107
If you have any general questions, please call us at 800-222-9262, option 5. Or, you can email us at firstname.lastname@example.org.
If you, your spouse or a family member participates in workplace giving campaigns, you may be able to designate Awana Clubs International as your choice of charity. Federal employees can designate CFC #12039. Awana Clubs International is also available in some state and local campaigns through Christian Service Charities or Neighbor to Nation. If Awana Clubs International is not listed as a choice, ask your campaign coordinator if you can write-in a designation.
Company Matching Gift Opportunity
Your company may be one of the many that match employee contributions to Awana. If your company offers such a matching gift program, the impact of your donations can be doubled or even tripled!
To multiply your donations to Awana without giving another dime follow these simple steps:
- Ask: Contact your company's human resources office and ask whether your company matches employee donations. You must make this initial contact.
- Fill Out: Print or request your company's matching gift form and complete it.
- Send: Mail the completed form along with your gift to:
P.O. Box 987
Streamwood, IL 60107
We have developed a comprehensive program to assist you in charitable estate and gift planning. We offer knowledgeable advice and will work with you and your professional advisors to design a plan that is advantageous to you. We can provide you at no obligation, brochures on gift planning opportunities and personalized illustrations outlining a variety of tax-saving benefits.
We have provided information on several topics and we invite you to explore our website, all designed to make it possible for you to provide and protect for your loved ones and ministries important to you. Any conversation would be strictly confidential. We'd be happy to help. Please contact us at (630)540-4556.
Charitable IRA Rollover
Now you can reliably plan charitable IRA rollover gifts, year after year.
On Dec. 18, 2015, the president signed legislation indefinitely extending the charitable IRA rollover, making it retroactive to Jan. 1, 2015, with no expiration date.
Read below for answers to frequently asked questions about this popular option.
Feel free also to call Jeff Schacherer, Awana Director of Financial & Estate Planning at 847-846-6921 or email him at email@example.com to learn how the charitable IRA rollover provision can help you support Awana and reach MORE KIDS for Christ!
FREQUENTLY ASKED QUESTIONS
What is a charitable IRA rollover?
The charitable IRA rollover, or qualified charitable distribution (QCD), is a special provision allowing certain donors to exclude from taxable income -- and count toward their required minimum distribution -- certain transfers of Individual Retirement Account (IRA) assets that are made directly to public charities, including Awana Clubs International.
Since it was first made available in tax year 2006, donors age 70 1/2 or older have used this popular option with tax-wise gifts ranging from $100 to $100,000.
How does this help me?
A charitable IRA rollover makes it easier to use IRA assets, during lifetime, to make charitable gifts.
Why will lifetime IRA gifts be easier?
Under current law, withdrawals from traditional IRAs and certain Roth IRAs are taxed as income, even if they are immediately directed to a charity. The donor receives a tax deduction for his or her donation, but various other federal, and sometimes state, tax rules can prevent the deduction from fully offsetting this taxable income. As a result, many donors have chosen not to use IRA assets for lifetime gifts. The charitable IRA rollover eliminates this problem.
What gifts qualify for a charitable IRA rollover?
A gift that qualifies, technically termed a “qualified charitable distribution,” is:
- Made by a donor age 70 1/2 or older
- Transferred from a traditional or Roth IRA directly to a permissible public charity, such as Awana Clubs International (If giving in this manner, please tell your broker or fund manager to name you as the donor on the transfer, and if your gift is intended for a particular area of the U.S. or world to specify that as well.)
- Completed during the applicable tax year
Is there a limit on the amount that can be given?
Yes, there is a limit. An individual taxpayer's total charitable IRA rollover gifts cannot exceed $100,000 per tax year.
What about the required minimum distribution?
If you have not already taken your required minimum distribution in a given year, a qualifying rollover gift can count toward satisfying this requirement.
Is an income tax deduction also available?
No. The gift would be excluded from income, so providing a deduction in addition to that exclusion would create an inappropriate double tax benefit.
Why are Roth IRAs included? Aren't withdrawals from a Roth IRA tax-free?
Withdrawals from a Roth IRA may be tax-free only if the account has been open for longer than five years or if certain other conditions apply. Otherwise, withdrawals are taxed as if they came from a traditional IRA. Therefore, certain Roth IRAs could benefit from a charitable IRA rollover.
Can other retirement plans, such as 401(k) and 403(b) accounts, be used?
No. However, it may be possible to make a tax-free transfer from such other accounts to an IRA, from which a charitable rollover can then be made.
Who can benefit from using the charitable IRA rollover to make a gift?
- Persons with significant assets in an IRA
- Persons making gifts that are large, relative to their income. (Because a charitable rollover is not included in taxable income, it does not count against the usual percentage limitations on using charitable deductions.)
- Persons having so few deductions that they choose not to itemize
Can I still make a gift with an IRA beneficiary designation?
Absolutely! Whether or not you choose to make a charitable IRA rollover gift, you can still designate Awana Clubs International as a beneficiary to receive IRA assets after your lifetime. The lifetime charitable IRA rollover is simply another option for donors who would like to see their philanthropy at work now.
Contact Jeff Schacherer, Awana Director of Financial & Estate Planning at 847-846-6921 or email him at firstname.lastname@example.org. As with any gift planning question, donors should consult their tax professionals for specific advice.
Awana seeks to help you explore the various and creative ways you can use your non-cash resources to support Awana through our partnership with iDonate.
An easy way to partner with Awana. Click here to see how you can maximize your ministry to boys and girls around the globe with the gospel of Jesus Christ.
Please print and fill out this form and send to:
1 E. Bode Rd.
Streamwood IL 60107
To modify or cancel your EFT donation, please send an email to EFT@awana.org and include your name, address, phone number, and donor ID number if you have it. Or, to send a letter, the address is:
1 E. Bode Rd.
Streamwood IL 60107