Charitable IRA Rollover: How to Complete Your Gift
- Choose the IRA from which you’d like to make your gift.
- Select the amount of gift you would like to make.
- Contact the IRA administrator for the forms necessary to transact your gift. Or use the following sample letter to send to your IRA administrator.
Name of IRA administrator
City, State ZIP
RE: Request for direct charitable distribution from my IRA
Dear IRA Administrator:
Please accept this letter as my request to make a qualified charitable distribution from my individual retirement account number [insert number here] as provided by the Pension Protection Act of 2006 and as extended through 2011. Please issue a direct transfer of funds in the amount of $_______ payable to People for the Ethical Treatment of Animals, Inc. (which is a qualified public charity and is not a donor advised fund or supporting organization under IRC 509(a)(3) at the following address:
501 Front St.
Norfolk, VA 23510
Attn: Tim Enstice
In your documentation to the above named charitable organization, please clearly indicate my name and address as the donor of record in connection with this transfer, and copy me on the transmittal at the address below. It is my intention that this gift complies with IRC 408(d)(8). It is also my intention to have this transfer qualify during the 2011 tax year. Therefore, it must be postmarked no later than Dec. 31, 2011.
If you have any questions or concerns regarding this request, I can be reached at [insert your telephone number and/or email address]. Thank you for your prompt attention to and assistance in this matter.
City, State ZIP
Your phone number
- Let us know of your IRA gift. Please contact Tim Enstice at 757-962-8213 or firstname.lastname@example.org.