If you are over 70 1/2 years of age, the IRA charitable rollover is now a permanent way to reduce your taxable income, even if you do not itemize deductions.
- Contact your IRA plan administrator to make a gift from your IRA to Rise Up Industries.
- Your individual gifts to charities from traditional IRAs can be in any amount up to $100,000. If you are gifting cash, direct your IRA custodian to make your gift to:
Rise Up Industries
8530 Roland Acres Drive
Santee, CA 92071
Federal Tax ID# 80-0908912
Your IRA charitable rollover gift can satisfy your Required Minimum Distribution (RMD) in whole or in part. Although it avoids income tax on that amount of your RMD, it does not qualify for a further charitable tax deduction. Please contact us if you wish that your gift be used for a specific purpose.