The Arkansas Community Foundation is offering a special incentive for individuals to give from their IRAs into any of the foundation affiliates’ Giving Tree funds or endowments, according to a press release from the Pine Bluff Area Community Foundation.
Every gift made will receive a dollar for dollar match (individual gifts cannot exceed $100,000). The match pool is limited to $150,000, so it will be distributed on a first come, first serve basis until the pool is depleted, or June 30, 2017, whichever comes first.
“When a donor makes a gift from their IRA into PBACF Giving Tree Fund or Endowment, the dollar for dollar match doubles the opportunity to support our efforts and increase our impact in Pine Bluff, Jefferson County and Southeast Arkansas,” Lawrence Fikes, executive director, Pine Bluff Area Community Foundation, said. “By challenging IRA holders to give in this way, we have a remarkable opportunity to significantly increase the effect of our philanthropic dollars. It is always exciting when a donation can be doubled.”