If you are 70 ½ or older, you may be looking for a way to make a big difference to help further the mission of St. Vincent de Paul Georgia while lowering the income and taxes from your IRA withdrawals.  An IRA charitable rollover is a way you can help continue the good work of SVdP Georgia and personally benefit this year.

Congress has enacted a permanent IRA charitable rollover. As a result, you can make an IRA rollover gift this year and in future years.  Once a person turns 70 ½ they are required to take minimum distributions from an IRA.  The direct rollover contribution is a simple way to make contributions without impacting their reported taxable income. 

Benefits of an IRA Charitable Rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to an endowment fund at the Catholic Foundation
  • Satisfy your required minimum distribution (RMD) for the year
  • Reduce your taxable income, even if you do not itemize deductions
  • Make a gift that is not subject to the deduction limits on charitable gifts
  • Help further the work and mission of SVdP Georgia

How an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA to SVdP Georgia.
  2. Your IRA funds will be directly transferred to SVdP Georgia to help continue the important work of helping our neighbors in need.
  3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.

Please contact Nicholas Johnson at njohnson@svdpgeorgia.org if you wish for your gift to be used for a particular purpose