Scholarships Applications Ready to Download - IRA Rollover Extended

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We received word today that President Obama signed the bill extending the IRA Charitable Rollover through 2014. This means that individuals who are 70 1/2 or older, and are required to take a mandatory distribution from their Traditional IRA may contribute up to $100,000 of that distribution to a favorite 501(C)(3) nonprofit organization (but not to a donor-advised fund).

By making such a contribution, the donor doesn't have to pay income tax on the distribution and his or her gift helps a deserving charity. This is just one way that a Traditional IRA can benefit nonprofit organizations.

The Eastern West Virginia Community can help you establish an endowed fund for your favorite charity, so that a gift to our organization will benefit another nonprofit in perpetuity. If you'd like to learn more call Felicia or Michael at 304-264-0353 or email Michael.

EWVCF Scholarship Applications Available on our Web Site

Christmas Break Marks the Beginning of the Big Scholarship Application Push

Now is the time that Eastern Panhandle students who will graduate from high school in 2015 are starting to apply for scholarships. Thanks to dozens of generous supporters, the Eastern West Virginia Community Foundation will award nearly $100,000 in scholarships to deserving students this coming year. Applications are due by March 2nd, but students are encouraged to get theirs in as soon as possible. Information required to apply for an EWVCF Scholarship is available on our web site at http://ewvcf.org/Scholarships.html

We want to wish you a very Merry Christmas and a Happy New Year!

Our offices will be closed Wednesday through Friday this week and next but we will be here on December 29th and 30th, and will check emails and phone messages throughout the week.