As one can imagine the day to day cost of operating a large facility and providing for the elderly poor who have outlived their resources can be quite costly. Caring for the elderly poor in a manner respectful of their dignity far exceeds the income received from the Residents’ pensions, Social Security, Medicaid or Medicare. Reimbursements from these sources cover less than half of the actual annual cost of care. To cover this constant deficit, we rely on your generosity and donations. Our ministry is made possible through benefactors who share our belief in assisting those less fortunate. We pray that you will join our family of benefactors and share the joy of caring for the needy aged.
Ways to Give:
For more information on how to assist our Home, please call the Development Office at (412) 307-1268 or firstname.lastname@example.org.Thank you for helping our Home to continue to care for the elderly poor with dignity and respect!
IRA Qualified Charitable Distribution
If you are older than 70 1/2 and have an IRA, you can make a Qualified Charitable Donation to the Little Sisters of the Poor.
Under current tax law, you may get a very attractive tax break if you make a donation directly to the Little Sisters of the Poor as part of that RMD. If the donation is made directly from your IRA to a qualified charity such as the Little Sisters, it will be excluded from your Adjusted Gross Income (AGI) when it’s time to file your next tax return.
The specific impact depends on your personal income tax circumstances, and should be reviewed with your tax advisor. To learn how to make the donation otherwise known as Qualified Charitable Distribution in compliance with the tax code, consult the custodian of your IRA. To ensure your gift is directed here, please use our IRS name Little Sisters of the Poor of the State of Pennsylvania (EIN 25-0974310) at 1028 Benton Avenue, Pittsburgh, PA, 15212.
This tax-advantaged strategy is available to anyone starting at age 70 1/2. Qualified Charitable Donations can be made up to $100,000 in the current tax year.