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IRA / Retirement Account

Gifting out of your Individual Retirement Account (IRA) is a way you can help increase gospel access around the world through The Alliance. As an added benefit, if you are 70½ or older, you can make gifts directly from your IRA to The Alliance as a way to lower the income and taxes from your IRA withdrawals.

IRA Charitable Rollover
IRA (Custodian)
The Alliance
Charity image

Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to The Alliance.
  • Make a gift that is not subject to the deduction limits on charitable gifts.
  • Help increase gospel access around the world through The Alliance.

How do I get Started?

  1. Contact your IRA custodian to tell them you intend to make a "qualified charitable distribution." Many custodians will provide you with a form that they will ask you to use to complete your gift. If your custodian does not have a form and they ask for written instructions, please contact us. We can provide you with a sample letter that you can use.
  2. Complete your custodian form or letter and mail it back to your IRA custodian.
  3. Once your IRA custodians receives your instructions, your gift will be directly transferred to us.
  4. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
  5. Please contact us if you wish for your gift to be used for a specific purpose.

Helpful Hints

  • 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.
  • Be Direct. In order to avoid taxes on distributions to charity, your custodian will need to transfer your gift to us directly.
  • 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.

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.

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