Reduce Your Taxes

Did you know that you can reduce your taxes by making a gift from your IRA to charity?

An IRA rollover is a simple and easy way for you to use your IRA to help us fulfill our mission.

Congress has reauthorized the IRA charitable rollover. This means that if you are 70½ or tax tipsolder you can make a charitable gift of up to $100,000 from your IRA. Your gift will qualify for your required minimum distribution and you will not have to pay federal income tax on the amount given from your IRA to charity.

To make an IRA rollover gift, simply contact your custodian and request that an amount be transferred to us. Your gift could be $1,000, $10,000, $50,000 or even $100,000. 

Contact us to learn more about how you can redirect unneeded IRA income to charity, help further our mission and enjoy valuable tax savings this year. Call 732-922-9802 x2128 or e-mail Foundation@UMCommunities.org to learn more.