If you are 70½ or older, an IRA charitable rollover can help you lower the income taxes from your IRA withdrawals.
Avoid taxes on transfers of up to $100,000 from your IRA to Saint Meinrad
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
Contact your IRA plan administrator to make a gift from your IRA to us.
Your IRA funds will be directly transferred to Saint Meinrad to help us continue our work.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
Please contact us if you wish for your gift to be used for a specific purpose.