IRA Charitable Rollover Details. A donor age 72 or older can transfer up to $100,000 from their IRA to a qualified charity. You will be able to specify that you wish for your donation to benefit Santa Sophia Parish, Academy, and/ or Preschool when completing the form. A married couple who are both 72 or older at time of the transfer can each transfer $100,000 from their IRA’s for a total of $200,000.
An IRA Charitable Rollover is a tax-exempt distribution from the IRA. The amount transferred can be used to meet your required minimum distribution (RMD).
Click any of the buttons below to download IRA Charitable Rollover Instructions and Form