IRA Charitable Rollover
An IRA charitable rollover allows individuals 70½ and older to reduce their taxable income by making a gift directly from their IRA.
You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year.
Benefits of an IRA Charitable Roller
- 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
- Help further the work and mission of our organization
IRA Charitable Rollover Video
How an IRA charitable rollover gift works
- Contact your IRA plan administrator to make a gift from your IRA to the Institute for Creation Research.
- Ask you IRA plan administrator to put the IRA donor?s full name in the memo, if possible.
- Your IRA funds will be directly transferred to ICR to help continue our important work.
- 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 call us at 1-800-337-0375 extension 8353 or email [email protected]. We would be happy to assist you and answer any questions you might have.
