Your investment helps children succeed in school and life!

Your tax-deductible donation helps provide tuition assistance based on a family’s financial need by bridging the significant gap between the parent sliding-scale payment and the actual cost of education and care.

Making a Gift by Check

• Address: 3003 Tamiami Trail N., Suite 201, Naples, FL 34102

Making a gift through Donor Advised Funds

• Legal Name: Fun Time Early Childhood Academy
• Tax ID: 59-1039978
• Address: 3003 Tamiami Trail N., Suite 201, Naples, FL 34102
• Please note on your gift, such as:  Annual Fund, General Gift, In Memory Of, In Honor Of, Charity Event – not attending, Pledge, Other.

Contact: Sophia Davisson | 239.228.7363 | sdavisson@funtimeacademy.org

Tax Tip

WASHINGTON — The Internal Revenue Service reminded IRA owners aged 70½ or over of their option to transfer up to $100,000 to charity tax-free each year.

These transfers, known as qualified charitable distributions or QCDs, offer eligible older Americans a great way to easily give to charity before the end of the year. Moreover, for those who are at least 72, QCDs account toward the IRA owner’s required minimum distribution (RMD) for the year.

How to setup a Qualified Charitable Distribution (QCD)

If you are age 70½ or older, you may be eligible to make a Qualified Charitable Distribution (QCD) directly from your IRA. Beginning at age 73, you must take Required Minimum Distributions (RMDs) from most retirement accounts.

• RMDs are required withdrawals and are taxable income.
• QCDs are gifts made directly from your IRA to a qualified charity.
• QCDs can satisfy part or all of your RMD while reducing taxable income.

Example: If your RMD is $20,000 and you give $15,000 via QCD, only $5,000 is taxable.

Benefits of an IRA Charitable Gift

• Avoid taxes on transfers up to $111,000 (2026 limit)
• Satisfy your RMD
• Reduce taxable income
• Support children and families in our community

How It Works

1. Contact your IRA administrator
   2. Request a Qualified Charitable Distribution
   3. Direct funds to Fun Time Early Childhood Academy

Important Considerations

• QCDs must be made directly to a qualified charity
• QCD eligibility begins at age 70½
• RMDs begin at age 73
• QCDs are not eligible for an additional tax deduction

Make a Lasting Impact

Your gift helps provide a nurturing and engaging learning environment for children and families.

The QCD option is available regardless of whether an eligible IRA owner itemizes deductions on Schedule A. Transferred amounts are not taxable, and no deduction is available for the transfer.

Contact

Althea Irving
Chief Development Officer
airving@funtimeacademy.org
239-228-7312