Schurig Center for Brain Injury Recovery

donate buttonYour gift ensures no one is alone after brain injury!

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Bid it to win it in Schurig Center’s Summer Auction

Schurig Center is pleased to offer an array of items for your bidding pleasure in our first ever online auction!

Shop for Schurig Summer Auction Graphic

START
Saturday, August 15 @ 9:00 AM PST

END
Monday, August 24 @ 12:00 PM PST

BID ONLINE AT
BiddingForGood.com/SchurigCenter

Your bid provides essential connection and care services for your fellow community members living with a brain injury

The cancellation of Schurig Center’s Annual BAM Gala is your gain! Many of the items that would have been available for bidding at the gala will be offered online instead for your bidding fun. We hope you enjoy bidding on them!

And, the best part is… With your auction purchase or Fund-A-Need donation, you provide the only place in our area picking up where the healthcare system leaves off to help people thrive after a brain injury.

Although we do not know what the coming days may hold, we do know that your generosity is the reason we are able to still provide services. Our programs are being offered in a new way, remotely, but the cost to provide them has not changed. And, with 70% of clients living on low income, we rely on community support to be able to offer care to all who need us.

If you are in a position to help, please bid as generously as you can and bid it to win it!

Thank You!

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Your tax-free gift from an IRA helps people stay healthy and connected!

When planning your IRA withdrawal strategy, you may want to consider making charitable donations through a QCD. A qualified charitable distribution (QCD) is a distribution of funds from your IRA account directly to a qualifying charity, like Schurig Center. IRA owners 70½ years of age and older are eligible.

Because the gift goes directly to the charity without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $100,000 annually, with some exceptions. These distributions can satisfy all or a part of your required minimum distribution (RMD). To learn more about QCDs, please visit IRS.gov or consult with your financial advisor.

Photo of IRA document on desk with hand, calculator and ledger

How do I make a qualified charitable distribution to Schurig Center?

Your QCD must be made directly from your IRA custodian to Schurig Center on your behalf. Each financial institution has its own process for initiating a QCD. The IRA owner may take a check from the IRA custodian made out to the charity and deliver it, but cannot, at any time, have access to the funds.

Use this information when requesting a QCD:
Legal Name: Marin Brain Injury Network
Tax ID #: 68-0105213
Address: 1132 Magnolia Avenue, Larkspur, CA 94939

Make your gift by December 31 for your gift to qualify in this current year.

Common Questions

I am turning age 70½ in a few months. May I make a QCD gift now?
No. Legislation requires you to reach age 70½ by the date you make a QCD gift.

I have two charities I’d like to support. May I give $100,000 from my IRA to each charity?
No. Per legislation, you may only give a maximum of $100,000 in total. In this example, you might consider giving each charity $50,000 or any other combination that totals $100,000 or less. Any amount above $100,000 in one year must be reported as taxable income.

I have several retirement accounts. Does it matter which type of retirement account I use?
Yes. Direct rollovers to a qualified charity may only be made from an IRA. If you have a pension, profit sharing, 401(k) or 403(b) plan, you must first roll over all or a portion of that plan to an IRA. You may then use the funds from the IRA to complete a QCD to a qualified charity. Speak with your plan administrator for guidance regarding your specific situation.

Can I use a QCD to pay for tickets, item purchases, or a sponsorship?
No. Donors cannot receive any benefit for making a qualified distribution to a charity. For example, a QCD cannot be used to purchase something in a charity auction or purchase tickets for a charity golf tournament.

We’re here to help!

For additional questions or assistance, please contact either Executive Director Patricia Gill or Development Manager Angela Abbey at (415) 461-6771.

This information is not intended as legal or tax advice. For such advice, please consult your financial advisor or tax advisor.