Donor Spotlight: Janet & Dick McIlhattan
Donations from retirement accounts are a great way to support our kids and maximize charitable deductions. Dick McIlhattan has utilized required minimum distributions (RMD) from his IRA for several years, saying “it’s a great way to donate and avoid income taxes. If you are retired, check it out!”
We appreciate that Dick has been a loyal supporter of First Tee for many years through his connection with Dr. Berkman. He enjoys participating in the annual Dr. Norman Berkman Father’s Day Charity Golf Tournament. Last June, he and his son-in-law had a great time being paired with a participant and her volunteer coach. Please remember that if you are age 70½ or older and contribute directly from your traditional IRA to a qualified charity like First Tee – Greater Houston, you can donate up to $100,000 without it being considered a taxable distribution. We also accept Donor Advised Funds, gifts of stocks and memorial gifts. For more information about how to make a tax deductible charitable donation or planned gift, please contact Claire Bey at [email protected] or 281-459-8712.
