IRA Charitable Rollovers

IRA donation are possible towards GIST researchGive Through Your IRA

If you are 70.5 years or older and have an Individual Retirement Account, please consider making a tax-free donation to The Life Raft Group directly from your IRA.

Donating From Your IRA

  • The Protecting Americans from Tax Hikes Act of 2015 permanently extends the IRA Rollover Provision. This provision allows donors of age 70.5 or older to make tax-free distributions of up to $100,000 from individual retirement accounts to a qualified charitable organization, such as The Life Raft Group
  • A contribution can be transferred directly from your IRA to the charity of your choice. The amount of your contribution, up to $100,000, is excluded from your charitable income. Please note you will not be able to double dip and claim a tax deduction for the donation.
    • Only the IRA custodian can transfer gift amounts to a qualified organization. If IRA owners withdraw funds and contribute to a charity separately, amounts withdrawn will be taxable to the donor.

The Life Raft Group does not provide tax, legal or accounting advice. This material was prepared for informational purposes only and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

How to Make an IRA Donation to The Life Raft Group

  • To donate, contact your IRA administrator with your instructions and provide the following information:
    Amount of your donation, payable to The Life Raft Group
  • Tax ID number (82-0547746)
  • Our address:
    Attn: Diana Nieves, Chief Development & Involvement Officer
    The Life Raft Group
    155 US Highway 46, Suite 202
    Wayne, NJ 07470

Please contact Diana Nieves at dnieves@liferaftgroup.org with any questions.