Gift PlanningIRA Charitable Rollover
An IRA charitable rollover allows individuals 70½ and older to reduce their taxable income by making a gift directly from their IRA.
If you?re 70½ or older, and looking for a meaningful way to give back, an IRA charitable rollover might be a great option. It allows you to support the causes you care about while lowering your taxable income from IRA withdrawals—a smart way to make a difference and see benefits this year.
Benefits of an IRA charitable rollover
- Avoid taxes on transfers of up to $111,000 from your IRA to our organization
- Satisfy your required minimum distribution (RMD) for the year
- Reduce your taxable income, even if you do not itemize deductions
- Make a gift that is not subject to the deduction limits on charitable gifts
- Create positive change in our community
IRA charitable rollover video
How an IRA charitable rollover gift works
- Contact your IRA plan administrator to make a gift from your IRA to us.
- Your IRA funds will be directly transferred to our organization.
- Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
- Let us know if you wish for your gift to be used for a specific purpose.
Contact us
If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.
