Charitable Rollover from an IRA
A gift to RESULTS Educational Fund from your Individual Retirement Account (IRA) is an impactful way to support RESULTS’ mission while also realizing tax and financial benefits for yourself. Many Americans over the age of 70½ can distribute up to $100,000 in a calendar year from an IRA to charities like RESULTS Educational Fund tax-free.
If you would like to make a qualified charitable distribution through your IRA, please contact your IRA custodian or financial advisor to initiate a gift. RESULTS staff are happy to provide support at any stage of the process. We can be reached at [email protected] or (202) 783-4800 ext. 2.
RESULTS Educational Fund is a tax-exempt organization (Federal Tax ID #95-3747267), and donations are tax-deductible. RESULTS, Inc. is a 501(c)(4), and gifts are not tax-deductible. Certain restrictions may apply when making this type of gift. RESULTS Educational Fund is not a legal or tax advisor. Please consult your tax advisor to discuss your particular situation, including any impact of your state’s tax laws.
“My tax preparer told me I could contribute to nonprofits [by making a Qualified Charitable Distribution] from my IRA as a way to reduce my tax burden. I arranged to contribute from my [IRA] to the four organizations I gave the most money to on a yearly basis. The process of getting the necessary information for the person who handles my investments required a few phone calls, but that was more than worth it given the tax savings. And as a result of those savings, I was able to increase the amount I gave to each organization. We contribute because I have never seen a nonprofit that could improve and save so many people’s lives with more efficient use of funding than RESULTS.”