“My dad struggled with brittle diabetes for over 50 years. When I became a mom and eventually a grandmom, I promised myself that I would pay it forward so everyone could live in a diabetes free world,” explained Sheryl Lindenbaum. She experienced the effect that her father’s diabetes had on her whole family. When she learned about the Diabetes Research Institute from a close friend whose son was diagnosed with T1D, she knew she wanted to be part of the cure. Sheryl shared, “I do this by having my donations go directly from my IRA to DRIF, tax free! I’m happy to do this in honor of my dad and for future generations. “
Like Sheryl, many of our supporters are taking advantage of the Qualified Charitable Distribution (QCD) allows you to contribute directly from your individual retirement account (IRA) to the Diabetes Research Institute Foundation in a highly tax-efficient way.
By making a contribution from your IRA you will receive the following benefits:
- It’s an easy and convenient way to make a gift from one of your major assets.
- It’s counted toward your required minimum distribution.
- The distribution will not be counted as taxable income.
- We will recognize you as a member of the DRI Heritage Society.
For your gift to qualify:
- You must be over 70 ½ years of age.
- The transfer must go directly from your IRA to the Diabetes Research Institute Foundation. Ask your financial institution for the QCD form to complete and submit.
- Your total gift cannot exceed $100,000.
- Your gift must be outright.
If you’re planning to take your required minimum distribution, please consider making a gift to the Diabetes Research Institute Foundation! In addition to making an impact in the search for a cure for diabetes,
For more information, or to learn additional planning pointers, contact Jill Shapiro Miller at (954) 674-3205.
Pictured above: Sheryl Lindenbaum and her dad (left). Sheryl celebrating with her family (right).