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Global Green can provide an opportunity for a charitable gift that makes a difference. If you are 70 years and 6 months old or older, the IRA charitable rollover is a great way for you to make a tax-exempt gift in support of our work at Global Green.
For people who are required to take a distribution from their retirement plans but do not need the additional income, this is a win-win. The IRA charitable rollover reduces your tax liability and allows you to make a meaningful gift to Global Green.
How it works:
The IRA charitable rollover allows donors to transfer up to $100,000 directly from their IRA to Global Green each calendar year.
An IRA charitable rollover gift is a tax-exempt distribution.
An IRA rollover gift can be used to meet all or part of an IRA required minimum distribution, which allow individuals to better manage their income, taxes, and charitable giving.