Charitable Rollover

Give a tax-wise gift up to $100,000 per year or $200,000 as a married couple in IRA assets directly to your favorite Kingdom causes.

Convenient. An easy way to give to Mission India.

Tax-wise. Distributions made directly to charity are not treated as taxable income. This is advantageous even if you don’t itemize deductions on your tax returns!

Promises kept. Gifts from your IRA can be used to fulfill any charitable giving pledges previously made.

Impactful. Gifts are tax-free to Mission India. The entirety of your gift will go toward ministry!

You can give from your IRA to ministry without any federal tax liability, as long as the gifts are qualified charitable distributions (QCDs). Distributions qualify for all or part of your required minimum distribution (RMD).

• IRA holders must be age 70 ½ or older at the time of the gift.
• Give up to $105,000* per year, per person.
• Gifts must be outright gifts made directly to a charitable organization.
• Distributions to donor-advised funds, charitable trusts or charitable gift annuities are not permissible.
• Distributions may only be made from traditional IRAs or Roth IRAs; other retirement accounts are not eligible.
• You can give a one-time qualified charitable distribution (or multiple QCDs within a single year) totaling no more than $53,000 to fund a life income gift.

*As of January 2024. Indexed for inflation annually.

IRA charitable rollovers must be requested by the donor directly from his/her IRA administrator.

Mission India contact for transfer: Jenny Borgia
Email: jenny.borgia@missionindia.org
Phone: 616-453-8855

This information is not intended as tax, legal or financial advice. Gift results may vary. Consult your financial advisor and legal counsel for information and advice specific to your situation.