Planning Giving / Endowment Fund
Did you know that you can donate to HOHNW directly from your IRA and not have to count the distribution as income? You can instruct your IRA trustee to make the contribution directly to HOHNW. Donors who may benefit are individuals whose charitable contributions are reduced by the percentage of income limitation. You can work with your professional adviser to determine the effect on your specific tax situation.
The IRA Charitable Rollover provision has been in effect since 2006, but expired several times. It was made permanent on December 18, 2015. This information came from the Council on Foundations website. Click here for details. If you would like help with gift planning, please call the office at 461-1473.
We also created an Endowment Fund in memory of B. Edgar Johnson, the first Board President of Hands of Hope NW. All funds are held and invested by the Christian Network Foundation. Hands of Hope NW receives a portion of the income annually. The fund provides resources far into the future, allowing the ministry to help more local people, broaden our distribution around the world, and expand our buildings. Click here for details.