IRA Charitable Rollover
You may be looking for a way to make a big impact on our mission. Donors 70 ½ or older with a traditional IRA are eligible to make a tax-free donation to the TKE Foundation directly from their IRA account. If you are 72 or older and have to take a Required Minimum Distribution (RMD), these gifts can count toward your RMD while being tax-beneficial.
Flowchart: Donor directs IRA custodian to make an IRA charitable rollover gift to the TKE Foundation.
Benefits of an IRA charitable rollover
- Avoid taxes on transfers of up to $105,000 from your IRA to our organization
- Make a gift that is not subject to the deduction limits on charitable gifts
- Help to further our work and mission
How an IRA charitable rollover gift works
- Contact your IRA plan administrator or use our online Qualified Charitable Distribution tool to start your gift.
- 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 tax deduction.
- Please contact us 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.
