Charitable IRA Rollover

Now it's easier than ever to make the gift of a lifetime.

IRAs can qualify for tax-free charitable distributions.

The Communities of Coastal Georgia Foundation can help turn your individual retirement accounts (IRAs) into tax-saving charitable gifts. Extended tax benefits allow more people to experience the joy of giving during their lifetimes.

You can give more for less.
Thanks to new legislation, American seniors can make the gift of a lifetime by giving their IRAs to charity without federal tax penalty. So your retirement funds can go further than ever before.

You can make a difference.
The Foundation can help you connect to the causes you care about most. You can set up a charitable fund in your name or make an unrestricted gift. Giving is one of life’s pleasures; we can help you enjoy it today.

To learn more, please contact Foundation President and CEO, Paul White, pwhite@coastalgeorgiafoundation.org or (912) 268-4442.

You can give more for less.
Charitable IRA

For years, estate planners have recommended that retirement assets may be the most tax-effective asset in larger estates to distribute to charity. These assets are not only vulnerable to heavy taxation as part of an estate, but also can be taxed again as income in respect to a decedent on the tax returns of heirs.

Until recent legislation, there was a disincentive for retirees to give IRAs to charity during their lifetimes because withdrawals from IRAs were subject to income tax—even those given to charity.

Annually, retirement assets may become a preferred charitable gift for seniors. IRA distributions to charities can receive special tax advantages. Americans age 70½ and up can make tax-free IRA contributions to public charities such as the Coastal Georgia Foundation.

Frequently Asked Questions