Fellow Copperleaf Member:

It was only been a few months since Ian, but amazingly we wake up in our warm beds, admire
our beautiful community, play racquets, bocce, cards, golf and have a beer poolside. Just
another day in our beloved Copperleaf paradise. Down the street, countless neighbors are
without homes, new FEMA disaster recovery centers are just now opening, and food banks are
bursting at the seams with client needs. People also still need help with reading, Veteran care,
mental health, and breast care.

The Foundation’s Annual Appeal is THE major source of our funding. We thank you for all
you have already done but are now asking for your continued support by contributing to
this new fiscal year’s appeal. So many of us Copperleaf volunteers have seen firsthand the
positive financial and emotional impact our generosity can have. Last year, the CCF raised
$103,000 in cash donations from our annual appeal. Add inflation, and we know our partner
charities need our help more than ever. We’re asking for your help in achieving this year’s goal
of $120,000 by January 25, 2023.

You can donate by returning the envelope you received in the mail with your check payable to
Copperleaf Charitable Foundation. You can also donate electronically by visiting our website:
copperleaffoundation.org/donations. We thank you in advance for considering our ask.
 

Tax Tip
How do qualified charitable distributions (QCDs) work?
Understanding qualified charitable distributions begins with understanding required minimum distributions. People who hold Individual Retirement Accounts (IRAs) are required to take RMDs each year beginning at age 72—even if they don’t need or want the funds. That same required minimum distribution increases the IRA holder’s total taxable income. This income increase could potentially push the taxpayer into a higher income tax bracket. It can also trigger phaseouts, which limit or eliminate some kinds of tax deductions, such as personal exemption and itemized deductions, and sometimes trigger high taxes on Social Security income. QCDs enable individuals to fulfill their required minimum distribution by a direct transfer of up to $100,000 to charity. They can also be used to support multiple charities, as long as the sum of the distributions is within the $100,000 limit. But because QCDs don’t increase taxable income, both higher tax rates and phaseouts can be avoided.

STATE OF FL REGISTRATION# CH63877. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION
MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE (800-435-7352) WITHIN THE
STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.