IRA Charitable Rollover
The IRA Charitable Rollover provision is permanent, which allows donors to make tax-free distributions to an approved charitable organization, such as Holy Family, from their individual retirement account (IRA) with the following requirements.
- Donor must be 70 1/2 years of age or older at the time of the distribution to Holy Family;
- Gifts cannot exceed $100,000 per taxpayer per year;
- Transfers must be made directly from the IRA administrator to Holy Family Catholic Schools;
- Distributions can be made only from IRAs or Roth IRAs.
Take this opportunity to make a gift that can benefit both you and the students of Holy Family Catholic Schools. Leave a legacy for our students and receive welcome tax relief.
To make a gift from your IRA, follow these two simple steps:
Step #1: Contact Holy Family's Advancement Office at 563-582-5456 x 284 to inform us of the gift and to let us know where you would like your gift to be designated to.
Step #2: Contact your IRA plan administrator requesting that the distribution be made payable to Holy Family Catholic Schools.