IRA Charitable Rollover
If you are 70½ or older and looking for a way to help us further our mission, an IRA charitable rollover may be right for you. It is a way you can help continue our work and benefit this year.
IRA Charitable Rollover
IRA (Custodian)
CFHOC
Benefits of an IRA rollover
- Avoid taxes on transfers of up to $100,000 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
How it works
- Contact your IRA plan administrator to make a gift from your IRA to the Community Foundation—your IRA funds will be directly transferred to our organization to help continue our important work
- Contact us if you would like your gift to be used for a specific purpose
- Please note that IRA charitable rollover gifts do not qualify for a charitable deduction
