IRA Charitable Rollover
Gifts should be designated to Worcester County Horticultural Society, owner and operator of New England Botanic Garden. Our Tax ID # is 04-1988945
Did you know you can make a tax-smart gift from your IRA at age 70½?
If you are 70½ or older, you have a unique opportunity to make a meaningful impact-while also lowering your taxable income. By making a gift directly from your IRA, you can support the work you care about without increasing your taxable income.
This kind of gift, often called an IRA charitable rollover, comes with several benefits:
- You can give up to $111,000 directly from your IRA—tax-free
- It can count toward your required minimum distribution (RMD)
- You can enjoy a lower adjusted gross income, even if you don't itemize deductions
- Your gift is not subject to charitable deduction limits
- Most importantly, it helps further our mission and serve our community
IRA charitable rollover video
How an IRA charitable rollover gift works
- Contact your IRA plan administrator to make a gift from your IRA to us.
- Your IRA funds will be directly transferred to our organization to help continue our important work.
- Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
- Let us know if you wish for your gift to be used for a specific purpose.
Contact us
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 might have.
