Give from Your IRA

Giving from your IRA can have many advantages over simply giving cash. If you are 70½ or older and have a traditional IRA, you are eligible to give directly from your IRA!

 

Benefits of an IRA Rollover Gift

  • Rollover up to $100,000
  • Satisfy your required minimum distribution (RMD) for the year
  • Reduce your taxable income, even if you do not itemize deductions
  • Your gift isn’t subject to the deduction limits on charitable gifts (30% – 60% of AGI)

 

How to make an IRA Rollover Gift

  1. Contact your IRA custodian and let them know you want to make a Qualified Charitable Distribution (QCD) from your IRA. The gift needs to be made payable to The Navigators.
  2. Have your custodian mail the check to:

The Navigators
Attn: Gift Planning Team
3820 North 30th Street
Colorado Springs, CO 80934

  1. Please contact us to notify us of the gift, as some IRA custodians do not always tell us who the gift is from.
  2. Please let us AND your custodian know if you wish for your gift to be designated for a specific purpose or Navigator staff. Many custodians send a check without any indication of who or what it should go to.
  3. We will send you an acknowledgment that we have received your gift within 2-3 weeks after receiving it.

 

Contact us

If you have any questions about an IRA charitable rollover gift, please send us an e-mail at mylegacy@navigators.org or give us a call at 1-888-283-0157. We would be happy to assist you and answer any questions you might have.