Donate

IRA Gifts 

Helpful Information for Your IRA Gift

Legal Name: Spotivity Gateway Foundation Inc.
Gift Designation: Micro Grant Support
Mailing Address: 222 Merchandise Mart Plaza, Suite 1212 #34, Chicago, IL 60654

Making a Qualified Charitable Distribution (QCD)

A QCD from your IRA, also known as the IRA charitable rollover, can:

  • Be a tax-smart way to support your philanthropy.
  • Be an easy and convenient way to make a gift from one of your major assets.
  • Be excluded from your gross income: a tax-free rollover. You may transfer up to $105,000 directly from your IRA if you are no longer contributing to your IRA. (If you have contributed pre-tax income to your IRA after age 70 ½, the percentage of your gift that is tax-free may be reduced.)
  • Count toward your required minimum distribution (RMD) if you are required to take one (if you reached age 72 before January 1, 2023, or are 73 or older).

You May Contribute a Qualified Charitable Distribution (QCD) If:

  • You are age 70½ or older at the time of the gift.
  • You transfer the funds outright to one or more qualified charities. (The legislation does not permit direct transfers to charitable trusts, donor-advised funds, charitable gift annuities, or supporting organizations.)
  • You transfer your gift from your IRA account. This opportunity applies only to IRAs and not other types of retirement plans.
  • You make your gift by December 31 for the gift to qualify this year.

Important Notes:

  • If you write a check from an IRA account checkbook directly to a qualified charity, the donation will count on the date the check clears your IRA account. Please allow ample time for the check to be deposited and processed.
  • To make a direct gift to SGFoundation from your retirement account, contact your IRA administrator.

Helpful Resources

  • IRA Charitable Gift Request Form: Use this form to provide your IRA administrator with the necessary information to make your gift.
    📥 Download the Form
  • IRA Charitable Gift Notification Form: Use this form to inform SGFoundation of your gift and provide allocation instructions.
    📥 Download the Form
  • Estate Planning: Make SGFoundation a part of your estate plan by naming us as a beneficiary of your IRA or other retirement account.
    📥 Download the Form
  • FAQs About Supporting SGFoundation With Your IRA: Learn more about this giving option.
    📥 Download the FAQ

For further assistance, please contact the Development Department at [email protected].

X-twitter Instagram Envelope

Quik Link

Join in the push

Donate Now

The more money we raise the more we can push out the door. Please share our platform with anyone you feel might be down for the cause. It takes a village!

Please Share :

Copyright © 2025 Micro grant, All Right Reserved.

Positive Outcomes of Self-Initiated Engagement

Research consistently shows that teens engaged in afterschool activities of their choice demonstrate better academic and social outcomes. For instance, students who participate in extracurricular activities have a 21% higher GPA on average than those who do not​. The autonomy in selecting these activities drives intrinsic motivation, which translates to greater commitment and perseverance​.

Self-directed engagement is also linked to increased resilience and emotional well-being. Teens participating in arts, sports, or STEM clubs report higher levels of self-esteem and problem-solving skills. Qualitative studies highlight how personal passion projects instill a sense of purpose and identity, which are crucial during the adolescent years​.

Negative Outcomes of Non-Engagement

The absence of structured afterschool involvement is strongly correlated with negative behavioral and academic outcomes. Teens without such activities are 30% more likely to engage in risky behaviors, including substance abuse and truancy​. Additionally, they are at a higher risk of experiencing social isolation, which exacerbates mental health challenges such as anxiety and depression.

For underserved teens, systemic barriers such as lack of access to affordable programs and transportation worsen the issue. Data from community-level studies reveal that low-income youth without engagement opportunities are 24% more likely to drop out of school than their peers​.  

References

  1. National Center for Biotechnology Information. The Impact of Afterschool Activities on Youth Development. PubMed Central, 2019. 
  2. Pilot studies on micro-grants and their effects on minority youth participation and skill development. Journal of Community Interventions, 2020​