A qualified charitable distribution, also known as an IRA charitable rollover gift, allows individuals 70½ or older to make an outright gift of up to $100,000 annually from an IRA directly to Make-A-Wish Illinois (the distribution is not subject to tax). If you have not yet taken your required minimum distribution, the direct IRA distribution can satisfy all or part of that requirement. Contact your IRA custodian to complete the gift.

Recap of Charitable IRA Rollover Rules

• The IRA account holder must be age 70½ or older at the time the distribution is made to Make-A-Wish Illinois 
• Distributions are limited to $100,000 per individual per year and must be transferred directly from the IRA custodian to Make-A-Wish Illinois 
• Distributions can only be directed from a traditional or Roth IRA 
• The distribution must be an outright gift to Make-A-Wish Illinois 

Benefits of Charitable IRA Rollover

• Satisfies all or part of annual required minimum distributions (RMD) and provides a charitable giving strategy for donors who do not need the additional income 
• The rollover amount is a tax-exempt distribution and not subject to income tax 
• Maximizes giving by allowing donors to give outside of the charitable deduction limit 
• Provides value for those who do not itemize 
• May be used to fulfill any outstanding pledges 
• You should work closely with your IRA custodian to request a direct distribution to Make-A-Wish. 

Contact us at 312.602.9474 or gifts@illinois.wish.org with questions and to notify us of your planned gift.