A qualified charitable distribution, also known as an IRA charitable rollover gift, allows individuals 70 1/2 or older to make an outright gift of up to $100,000 annually from an IRA directly to Make-A-Wish Philadelphia, Delaware & Susquehanna Valley (the distribution is NOT subject to tax).

Recap of Rules

• The IRA account holder must be 70 1/2 or older at the time the distribution is made to Make-A-Wish Philadelphia, Delaware & Susquehanna Valley 
• Distributions are limited to $100,000 per individual per year and must be transferred from the IRA custodian to Make-A-Wish Philadelphia, Delaware & Susquehanna Valley 
• Distributions can only be directed from a traditional or Roth IRA
• The distribution must be an outright gift to Make-A-Wish Philadelphia, Delaware and Susquehanna Valley

Benefits

• Your gift will grant wishes today - see your impact in action
• 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 s 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

Contact

Joseph Lynch

Director of Major Gifts

[email protected] | 215.987.3140

The information on this page is intended to assist you in your tax, estate, and charitable planning. It is not intended as legal or tax advice. For such advice, please contact an attorney or financial advisor.