Fellow members of the Hampton Roads
Chapter of MOAA,
1 - Christmas
Dinner Dance on Saturday, December 7, 2024
2 - You can now get “over the counter”
cold and allergy medications free through the main pharmacy at Naval Medical
Center Portsmouth without a prescription. This is only available
at the main pharmacy at the Naval Hospital in Portsmouth.
3 - Hampton Roads Chapter MOAA ROTC
Scholarship Fund Status. As of September 1st, donations toward
our $5,000 annual goal are at $2,449.00 or 49%. Please consider
a contribution to our scholarship fund to help us reach our goal.
There are several ways you can donate to
the HRCMOAA scholarship fund. All donations are tax deductible as
the MOAA Scholarship Fund is a qualified IRS 501(c)(3) entity.
The first way is for members to
submit their donations online by using the following website URL:
https://charities.moaa.org/HamptonRoadsDonates
The second way is to submit a check,
made out to the MOAA Scholarship Fund and mail it to:
MOAA Scholarship Fund
PO Box 1824
Merrifield, VA 22116-9917
Important: Be sure to note on your check
in the memo line that it is for the Hampton Roads Chapter Scholarship Fund.
MOAA will continue to send receipts to all contributors.
A third way is to make a Qualified
Charitable Distribution. The fund tax identification number is 54-1659039.
By contributing from the Required Minimum Distribution (RMD) of a qualified
IRA, the taxable IRA income can be reduced by the amount of the contribution.
The contribution check must be marked as a charitable contribution.
With the recent changes in the tax laws, some of our members have found
this method to be beneficial.
You can make qualified charitable distributions
(QCDs) of varying amounts to more than one charitable organization each
year. IRA owners age 70 ½ or older can give up to $100,000
a year directly from their IRA to qualified charities. But you can
split that amount among multiple charities. Say you want to give
a total of $50,000 through the QCD move. You could give five charities
$10,000 each, for instance, or two charities $25,000 each. Just tell
your custodian which charities you want to support and how much to transfer
directly from your IRA.
Not only will the charity benefit from
the QCDs, but you will too. The QCD amount is excluded from your
taxable income and can also count toward your annual required minimum distribution.
It’s a win-win-win. For additional details, it would be best to contact
your IRA fund manager, personal financial planner or tax accountant for
specifics.
You also may contribute directly from bequests,
wills, or trusts. You can find suggested language here:
Scholarship
Fund Planned Giving
4 - We are in need of volunteers to
serve on the board in a number of capacities. Our annual meeting
and election will be held in conjunction with the November chapter luncheon.
Please contact Loren Heckelman for more information about available board
positions. Loren.Heckelman@cox.net
or via phone at 757-646-6448.
5 - Check the chapter website regularly
(www.hrcmoaa.org)
as we often post time sensitive information and announcements there on
the main page. You can also
see details for upcoming events as well as other items of interest to the
chapter membership.
Mr. Loren V. Heckelman, Capt, USN (Ret.)
President, Hampton Roads Chapter
Military Officers Association of America
(MOAA)
www.hrcmoaa.org
(757) 646-6448
Loren.Heckelman@cox.net
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