Annual Fund: Supporting the American Boychoir

Celebrating 70 Years

Building lives of achievement through music

Your gift to The American Boychoir

is essential to keeping the legacy alive.

Please make your gift now!

---

Creative End of Year Gift Ideas

All gifts and written pledges postmarked on or before December 31, 2007 can be reported as charitable donations for 2007 tax returns.

Credit Card Pledge

You may want to give a gift of $300 but don’t have it in cash just lying around. Few of us do. Why not set up a payment plan over the next 6 months and let us debit your credit card at $50 per month?

Gifts of Stock

Now is an excellent time of year to consider a gift of stock. A donation of appreciated stock gives you two types of tax savings. 1) A tax deduction for the full fair market value of the stock on the date of gift; and 2) you avoid paying any capital gains tax on the increase in value of your stock.

---

Tax-Free Charitable Gifts from IRAs

Effective for 2006 and 2007 only, the Pension Protection Act of 2006 permits taxpayers age 70 ½ or older to make direct distributions from a traditional or a Roth IRA to a charity, while excluding the distribution from gross income. The maximum distribution allowed is $100,000 per taxpayer per year. The IRA, rather than the IRA owner, must make the distribution directly to the charity. The distribution must qualify under the general charitable deduction rules of section 170 of the Internal Revenue Code, and the charity must be a public charity or conduit private foundation. The American Boychoir School is a qualified charity.

Next Step: Consult your plan administrator, personal attorney, tax advisor, or wealth management advisor to better understand how the distribution requirements apply to you. They will be able to give you guidance on how this temporary law can benefit you and the organizations you care about such as The American Boychoir School.