IRA Charitable Rollover

Sally Wood

It brings me great joy to make significant charitable gifts while I’m at this stage of my life. I’m grateful this is possible through the IRA charitable rollover. I encourage others to support hope and healing in our community by designating a portion of your IRA required minimum distribution to the Des Moines Pastoral Counseling Center. It’s win-win, the satisfaction of helping others while also enjoying a greater tax benefit.

~ Sally Wood, retired insurance executive and Vice President, Board of Directors, Des Moines Pastoral Counseling Center

Support hope and healing in a big way

You may be looking for a way to make a big difference to help further support the Des Moines Pastoral Counseling Center. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help make an impact in your community and benefit this year.

Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to the Des Moines Pastoral Counseling Center
  • 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 50% deduction limits on charitable gifts
  • Help further the work and mission of the organizations that are important to you

How an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA to the Des Moines Pastoral Counseling Center.
  2. Your IRA funds will be directly transferred to the Des Moines Pastoral Counseling Center.
  3. You will receive an acknowledgment of receipt from the Des Moines Pastoral Counseling Center.
  4. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.

Contact us

If you have any questions about an IRA charitable rollover gift, please contact the Center’s Director of Development and Marketing, Terri Speirs, 515-251-6670, tspeirs@dmpcc.org.