Respecting Tradition - Fostering Excellence in Sailing since 2008
Please click the PayPal logo above to make a one time, or reoccurring donation.
Your generous donation will help fund our mission.
Directions for making a donation with cash or check can be found in our donation letter and form (available at the bottom of this page).
Additionally, this form can provide you with a more detailed description of our foundation - who we are and what we do.
Kroger Community Rewards Program makes donating to GICSI easy.
- Log into your account at KrogerCommunityRewards.com
- Click on box “link your shopper’s card”
- Sign in to Kroger with your user name and password
- Input your Kroger Plus number off your Kroger Plus card
- Select Grosse Ile Community Sailing, Inc. 1R780
Once you sign up, Kroger automatically donates every time you use your Kroger Plus card.
Are you 70.5 years old with an lRA and RMD? A QCD (Qualified Charitable
Distribution) is a direct transfer of funds from your IRA custodian, Payable to a
Qualified charity. A QCD excludes the amount donated from your taxable
income. While you don’t get a write-off for your gift, you also don’t owe taxes on
that retirement-account distribution. Funneling a $500 RMD to charity saves
$110 for a taxpayer in the 22% tax bracket the same as if you had been able to
deduct it. ′
How do i transfer the donation as a QCD from my IRA to the GICSF?
Have a QCD check from your IRA custodian made out to the Grosse Ile Community Sailing Foundation before December 31 and have it mailed to vou. You can then send it with your donation form to the GICSF・ That way we know who made the donation and we can send you an official donation receipt that you can report as a normal distribution on IRS Form lO99-R. A QCD is not subject to federal withholding. State tax laws may vary, so for guidance, consult a tax advisor.
Grosse Ile Community Sailing Foundation, 501(C)3 Tax ID: 70283F