IRA Charitable Rollover
Rollover your IRA for good.
You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.
Benefits of an IRA charitable rollover include
- 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 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.
- Please contact us if you wish for your gift to be used for a specific purpose.
If you have any questions about an IRA charitable rollover gift, please contact Cheryl Wendt, Vice President and Chief Development Officer at Cheryl_Wendt@lcfs.org or 708-907-1061.
“Giving through my IRA was simple. After consulting with Frank, we called my financial manager and told him that we wanted to use my required minimum distribution to support the causes we care about. Once I filled out the forms, they prepared the checks and sent them to me to mail out.”
Pam Kaji
LCFS Supporter
