The IRA Charitable Rollover: An Incentive to Give

December 22, 2017

In December, 2015, congressional legislation permanently extended the IRA Charitable Rollover, allowing IRA owners ages 70½ and older to provide significant support to a qualified charitable organization while reducing their taxable income. By allowing such donors to transfer up to $100,000 in IRA distributions directly to a qualified charitable organization, the IRA distributions are not included in the IRA owner’s income and therefore are not taxed.

If you are interested in supporting Longyear, a qualified 501 (c)(3) tax-exempt organization, with a IRA charitable rollover gift, or if you have questions or would like additional information about this unique giving opportunity, please contact Ryan Siewert at 617.278.9000, ext. 250, or by email at rsiewert@longyear.org.

We have drafted a sample letter of instruction that you may wish to share with your IRA custodian. Download sample letter here (PDF).

Thank you, in advance, for considering how you might support Longyear with an IRA Charitable Rollover of any amount. 

If you don’t meet the guidelines for an IRA charitable rollover donation and would still like to support Longyear, please consider a gift to our Annual Appeal. Click here to read a message from Longyear’s Board Chairman.

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