IRA Charitable Rollover
Congress has reauthorized and made permanent the IRA charitable rollover. If you are 70 1/2 or older, you can make a charitable gift up to $100,000 from your IRA. Your gift will qualify for your required minimum distribution and you will not have to pay federal income tax on the amount given directly from your IRA to charity.
Please consider a gift to your Parish, Catholic school, the Catholic Foundation, Bishop’s Appeal Endowment, or other diocesan ministry.
For more information please contact your IRA administrator or tax adviser. You may also call Cindi Brawner at the Catholic Foundation: 920-272-8173.