Charitable IRA Rollovers

Did you know that you can make a tax-free charitable gift to ABS directly from your IRA?

That’s right – since you don’t report this as income, there is no tax! The amount goes against your taxable income, so you can use this gift to stay in a lower tax bracket.

To Qualify:

  • You must be 70 ½ years old or older by the end of the year.
  • Your gift must go directly from your IRA to ABS.
  • Your gift must be less than or equal to $100,000 for individuals or $200,000 for a married couple.
  • The transfer must be executed by December 31, 2016.

To make a gift, simply contact your IRA provider and use ABS’s tax-ID number: 68-0211969.

Thank you for your consideration, and if you have any questions, please reach out to Garrett Shatzer, Development Director, at (415) 621-7900 ext. 207 or send an email message.