If you are 70½ or older, you can make a tax-free gift directly to KPFK from your Individual Retirement Account (IRA) now and for years to come. It’s a smart way to enjoy tax savings and support the mission of public media for Pacifica Foundations KPFK. The IRA Charitable Rollover was first enacted as part of the Pension Protection Act of 2006 and permanently extended in the Protecting Americans from Tax Hikes Act of 2015. Now, you can make a charitable gift directly from your IRA every year while excluding the amount of that gift from your adjusted gross income (AGI).
To avoid exposure to capital gain tax, the stock must be transferred to KPFK. We then sell the stock from our account.
Once the transfer is complete, KPFK sells the stock and puts the proceeds to use supporting the programs and services you value and gives you the benefits of membership.
We encourage you to talk to your tax or financial advisor to better understand the implications of such a gift on your individual tax situation.
Here's how it works:
Advantages to you:
Impact: You will have the personal satisfaction of benefiting our community by supporting KPFK's operations and programs that offer an alternative to the media landscape overshadowed by special interests.
Please consult with your financial adviser about this unique opportunity. For more information, visit the IRS website for more details.
Other Ways To Support
The Lewis Hill Legacy Circle Donate Your Vehicle KPFK Logo Items Donate Stocks or Mutual funds
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Gipsy Kings "Generation Tour" Live At The Oxnard Performing Arts Center Thursday May 16, 2024 Featuring Tonino Baliardo
at Oxnard Performing Arts CenterMulticultural Fair Friday May 17, 2024 4-8pm Presented by YWCA-SGV’s Racial & Social Justice Taskforce.
at YWCA SGV HeadquartersNigeria's Most Wanted Tour: Shallipopi & ODUMODUBLVCK Saturday May 18, 2024 Live At The Wiltern 8pm (doors open at 7pm)
at Wiltern TheatreDisney’s The Lion King 30th Anniversary – A Live-to-Film Concert Event Friday May 24th and Saturday May 25th 2024 Live at the Hollywood Bowl 8pm (both nights)...
at Hollywood BowlBook Soup & KPFK Radio Present Serj Tankian Friday May 24th 2024 At Book Soup 6pm
at Book SoupSunny intervals
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