Text Resize
Print This
Email This
Request Illustration
Download Brochure

An Easy Way to Help Our Work with Your IRA

An Easy Way to Help Our Work with Your IRA

Daniel was a retired businessman who volunteered for our organization. When we decided to add a new program, he was excited to help in a significant way.

Daniel: I really wanted to make a larger gift than normal, but I had questions about the best way to fund my gift. I was also concerned about conserving my cash resources for the future.

Daniel learned about the possibility of using his IRA to make a gift for this program. Because Daniel was already over 70 ½, he could take advantage of the IRA rollover option this year and make the gift to us directly from his IRA.

Daniel: I knew that I didn't really need all the income from my IRA this year. I had enough income from sales of my investments to cover my living expenses.

Daniel decided to rollover $50,000 from his IRA to our organization. He was able to continue to make his normal charitable contributions in addition to the IRA gift without exceeding Federal limits.

Daniel: I was thrilled to discover that I could transfer money from my IRA to charity without paying any federal income tax. The fact that my gift qualified for my required minimum distribution amount was an added bonus!

*Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization.


Print This
Email This
Request Illustration
Download Brochure
scriptsknown


Loyola Institute for Spirituality
Loyola Institute for Spirituality (LIS), founded in 1997, is located in Orange, CA. LIS provides many programs and services for individuals, parishes, and dioceses throughout Southern California and beyond.