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First Class of LPNs Graduates from Penn State ... - Phoebe Ministries

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22 The Messenger/Annual Report Issue<br />

Charles L. Fehr, CFRE<br />

Director, Leadership Gifts<br />

& <strong>Phoebe</strong> Berks<br />

Advancement<br />

Marcella Moyer Schick,<br />

CFRE<br />

Vice President,<br />

Institutional Advancement<br />

The provisions <strong>of</strong> the Pension Protection Act<br />

<strong>of</strong> 2006 are still in effect until the end <strong>of</strong> this year.<br />

That means if you are 70½ or older, you may want<br />

to take advantage <strong>of</strong> giving IRA assets to <strong>Phoebe</strong><br />

before the close <strong>of</strong> 2007 through a qualified charitable<br />

distribution.<br />

A qualified charitable distribution is defined by<br />

the IRS as a distribution <strong>of</strong> a traditional or Roth<br />

IRA fund made directly <strong>from</strong> an IRA trustee to a<br />

nonpr<strong>of</strong>it organization. The donor must have been<br />

age 70½ or older when the distribution was made,<br />

and the donor’s total qualified charitable distributions<br />

this year cannot exceed $100,000. In the<br />

case <strong>of</strong> a joint return, each spouse may claim a<br />

qualified charitable distribution <strong>of</strong> up to $100,000<br />

<strong>from</strong> his or her IRA.<br />

The advantages are clear for those meeting<br />

the age and process requirements:<br />

■ Qualified charitable distributions <strong>from</strong> a<br />

traditional or Roth IRA are tax-free.<br />

■ Donors may give all or a portion <strong>of</strong> their<br />

<strong>Phoebe</strong> Terrace Resident Council<br />

Provides Lift to <strong>Phoebe</strong> Home<br />

Throughout the year, <strong>Phoebe</strong> Terrace residents host a variety<br />

<strong>of</strong> fundraisers, including hoagie sales and a fall attic<br />

treasure sale. According to outgoing Resident Council<br />

President Naomi Schleicher, “When we got enough in the<br />

Resident Council’s bank account, we discussed how we could<br />

do some good with our proceeds.”<br />

During her tenure as president, Naomi attended meetings<br />

<strong>of</strong> the Lehigh Valley Strategic Advisory Council at <strong>Phoebe</strong><br />

Home. It was there she received a copy <strong>of</strong> the Nursing Department’s<br />

wish list and immediately knew what Terrace residents<br />

could do to make a difference at <strong>Phoebe</strong> Home.<br />

Members <strong>of</strong> the Terrace Resident Council met and decided<br />

a patient lift was an ideal gift for them based on their<br />

budget and the value it would provide to the nurses.<br />

Shortly after the lift arrived, Michell Staska-Pier, Director<br />

<strong>of</strong> Nursing at <strong>Phoebe</strong> Home, took it to the Terrace to thank<br />

the residents and demonstrate how it is used. She told them,<br />

“The gift you provided is especially nice because it ensures<br />

the safety <strong>of</strong> both residents and staff.” ■<br />

Why consider an IRA distribution to <strong>Phoebe</strong><br />

if you are age 70½ or better this year?<br />

mandatory IRA withdrawals up to $100,000<br />

this year.<br />

■ Donors who are not able to itemize their tax<br />

deductions can give directly <strong>from</strong> their IRA<br />

and achieve the same benefits as if their<br />

gift were fully deductible.<br />

Time is <strong>of</strong> the essence – so contact your tax<br />

advisors and IRA administrator to see if this strategy<br />

makes sense for your specific financial circumstances.<br />

Be sure to tell them our <strong>of</strong>ficial name is<br />

“<strong>Phoebe</strong>-Devitt Homes,” our address is 1925<br />

Turner St., Allentown, PA 18104, and our IRS identification<br />

number is 23-1396838 to help them confirm<br />

that we are a qualified charity. Please remind<br />

them to include your name and address with the<br />

check so we can thank you for your generosity.<br />

Feel free to contact us at the above address<br />

with any questions. You can also reach us by<br />

phone at 610-794-5132 or email us as follows:<br />

mschick@phoebe.org or cfehr@phoebe.org. ■<br />

Right: As part <strong>of</strong> a<br />

demonstration for<br />

Terrace residents,<br />

Michell Staska-Pier,<br />

Dir. <strong>of</strong> Nursing at<br />

<strong>Phoebe</strong> Home, lifts<br />

Rev. Ken Daniel,<br />

Administrator <strong>of</strong><br />

<strong>Phoebe</strong> Home,<br />

using a patient lift<br />

donated by <strong>Phoebe</strong><br />

Terrace Resident<br />

Council.<br />

Left: Staska-Pier readjusts<br />

the lift for Naomi Schleicher,<br />

former president <strong>of</strong> the<br />

Resident Council.

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