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. Please contact us in advance if you wish to give a gift through your IRA via a Qualified Charitable Distribution. Special arrangements for this type of gift are required.
You may be looking for a way to make a big difference to help strengthen our community. 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 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
- 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 us.
- Your IRA funds will be directly transferred to our organization 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 contact us. We would be happy to assist you and answer any questions you might have.
Gift acceptance is governed by United Way of Lincoln and Lancaster County's Board and donors are encouraged to reach out to staff to discuss their planned gift before making arrangements.
