IRA Charitable Rollover

An IRA charitable rollover allows individual 70 ½  and older to reduce their taxable income by making a gift directly from their IRA.

The benefits of an IRA Rollover is that it avoids taxes on transfers of up to $100,000 from your IRA to Mount Pisgah, satisfies your required minimum distribution (RMD) for the year, it reduces your taxable income (even if you do not itemize deductions), and allows you to make a gift that is not subject to the deduction limits on charitable gifts. 

If you would like to make an IRA charitable rollover, contact your IRA plan administrator to make a gift from your IRA to the school. Your IRA funds will be directly transferred to our organization.  You can designate your IRA charitable rollover to be used for a specific purpose. Please note, IRA charitable rollover gifts do not qualify for a charitable deduction.