You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help fund our mission at SMG and benefit yourself.
Benefits of an IRA charitable rollover
Avoid taxes on transfers of up to $105,000 from your IRA to our organization
May 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 St. Maria Goretti
How an IRA charitable rollover gift works
Contact your IRA plan administrator to send us a gift from your IRA.
Your IRA funds will be directly transferred to OLMC.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
You can designate your desired fund in the memo of the gift.