IRA Rollovers

If you are 70 1/2 or older, you are eligible to take advantage of this giving method, which has the added benefit of reducing the taxable income.

Benefits of giving via IRA rollover:

  • Give up to $100,000 from your IRA tax-free
  • This gift satisfies your Required Minimum Distribution (RMD) for the year, in most cases
  • IRA rollovers are not subject to deduction limits on charitable giving
  • Reduces your taxable income, regardless of whether or not you itemize deductions

How to give via IRA rollover

  • Call or email your IRA plan administrator and notify them that you’d like to make a gift from your IRA.
  • Your administrator will take care of having the funds sent to the American Brain Foundation.
  • Notify the American Brain Foundation that you have decided to make this gift. Then we will confirm with you when it has been received.

If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you may have.