Individual Retirement Accounts (IRA)
Consider a tax-free gift to The Sno-Isle Library Foundation from your IRA. If you are 70 1/2 years or older, you can take advantage of a simple way to benefit Sno-Isle Libraries Foundation and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity without having to pay income taxes on the money. If you are married, and if you and your spouse are both over 70½, you may each give up to $100,000 to your favorite charitable organizations.
Other Benefits of IRA Gifts
- You do not have to pay income taxes on distributions from your IRA to charities;
- You can satisfy your minimum required distribution for the year;
- You can reduce your taxable income; and
- You can help to further the work and mission of your favorite charities, including Sno-Isle Libraries Foundation!
How to Get Started
- Contact your IRA plan administrator to make a gift from your IRA to us. You will need to provide your IRA administrator with the following information:
- Our legal name: Sno-Isle Libraries Foundation
- Our IRS Tax ID number: 91-2010318
- Send the check directly to our mailing address: 7312 35th Ave NE, Marysville, WA 98271
- Your IRA funds will be directly transferred to our organizations to help continue our important work.
- Please let us know if you wish for your gift to be used for a specific purpose.
Nothing on this website should be construed as legal advice. Please contact your attorney or financial advisor to determine what is best for your personal situation.
There are many different ways to support your library. The Foundation welcomes and appreciates gifts of any size and invests all contributions in innovative library programs, key services, and capital improvements. The Sno-Isle Libraries Foundation is a 501(c)(3) charitable organization registered with the IRS and Washington State. All gifts are tax-deductible to the extent permitted by law.
7312 35th Ave NE
Marysville, WA 98271
360-651-7074 (local)
877-766-4753 ext. 7074
