Make the Gift of a Lifetime: IRA Charitable Rollover Opportunity

For donors aged 70½ and older, there is now an opportunity to turn your individual retirement account (IRA) assets into a charitable force for good in our community, while avoiding federal income tax.

A Giving Opportunity with Major Impact: You can transfer up to $100,000 annually from your IRA directly to a qualified nonprofit, like ours, without triggering federal income tax. This allows you to give more while preserving your retirement savings.

Who Is Eligible? Individuals aged 70½ and older are eligible to make tax-free donations of up to $100,000 from their IRA to charity.

Why Choose an IRA Charitable Rollover?

• Immediate Impact: Make a significant gift now and see the benefits in action.
• Tax Efficiency: Reduce your taxable income while contributing to the community.
• Legacy Building: Support the causes that matter most to you during your lifetime.

An IRA charitable rollover is a great opportunity to experience the joy of giving now, instead of through a future bequest, while strengthening the community you love.

We’re Here to Help: At the Community Foundation of Monroe County, we are committed to helping donors create impactful gifts for the causes that matter most. If you’re interested in learning more about how an IRA charitable rollover can become your gift of a lifetime, please reach out to us at 734-242-1976 or info@cfmonroe.org.