Thinking of using your RMD for charitable giving?
If you are over the age of 70 ½, the government requires you to take annual distributions (withdrawals) from your retirement account—a provision known as the required minimum distribution (RMD).
These distributions may be made tax-free as long as it's directed to the “PAR FUND”, a qualified 501(c)(3) organization, an option known as the qualified charitable distribution.
For further details, please contact us.
The PAR Fund Board of Directors expresses our sincere sympathy to the family of POFC Amy Caprio. We thank her for her dedicated service to the citizens of Baltimore County.May she rest in eternal peace.
Update: We are overwhelmed by the community's positive outreach in memory of POFC Caprio. We are incredibly grateful for the many donations made in Amy's honor, which will help many Baltimore County Police Officers in need.
To date, our community has donated approximately $57,176, all in the name of POFC Amy Caprio. On behalf of the Board, we would like to thank you for your continued support and outreach.
Protecting Those Who Serve & Protect.
The Baltimore County Police Assistance and Relief (PAR) Fund was established in 1985 to aid active-duty members of the Baltimore County Police Department who, through no fault of their own, find themselves dealing with unrecoverable financial difficulties. Illness, family crisis, injury, and even death are all contributing factors that can cause a person’s financial well being to spiral out of control.
Police officers, even under severe pressure, must always operate at peak performance in order to ensure the safety of the areas they serve. Unfortunately, stress of financial crisis can lead to split focus or missed work, directly impacting the community.
We provide an anonymous outlet for emergency needs that allows the officer the chance to remedy their situation, allowing them both peace of mind and privacy. Removing the obstacle allows our protectors to return to their post with full dedication.