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Gift to Care Fund Through IRA
You may be looking for a way to make a big difference to help further our mission. 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
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Avoid taxes on transfers of up to $108,000 from your IRA to our organization
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May satisfy your required minimum distribution (RMD) for the year
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Reduce your taxable income, even if you do not itemize deductions
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Make a gift that is not subject to the deduction limits on charitable gifts
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Help further the work and mission of our organization​
How an IRA charitable rollover gift works:
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​​Contact your IRA plan administrator to make a gift from your IRA to us.
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Your IRA funds will be directly transferred to our organization to help continue our important work.
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Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
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Please contact Care Fund at info@thecarefund.org if you wish for your gift to be used for a specific purpose.
Gifts From Your IRA
​If you are 70½ or older, you can use your IRA to fulfill your charitable goals. You can use the "Make a Gift From My IRA" tool to contact your IRA custodian and make a qualified charitable distribution. We will acknowledge your generous gifts as a qualified charitable distribution, which may satisfy your RMD, if applicable.
Helpful Hints
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Start Early. It may take your IRA custodian a few weeks to process your gift. If you are thinking about making a gift at the end of the year, be sure to give your custodian enough time.
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Be Direct. In order to avoid taxes on distributions to charity, your custodian will need to transfer your gift to us directly.
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Don't Have an IRA? Rollover gifts can only be made from an IRA. If you don't have an IRA but you do have another retirement account, such as a 401(k) or 403(b), please contact us for ideas on what you can do to benefit from the IRA charitable rollover.
