IRA Charitable Gift

Charitable IRA Rollover

If you are 70½ or older and own an IRA or Roth IRA, a charitable rollover may be right for you. You can make a big difference at PBA and reap the advantages of making a gift from your traditional or Roth IRA, known as a Qualified Charitable Distribution or Charitable Rollover.

Benefits of a Charitable Rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to PBA
  • Satisfy your required minimum distribution (RMD) for the year
  • Reduce your taxable income, even if you do not itemize deductions
  • Make a gift that is not subject to the deduction limits on charitable gifts
  • Make an impactful gift to support the programming and mission of PBA

How to support PBA with a Charitable Rollover

  • Contact your IRA plan administrator to make a gift from your IRA to PBA
  • Request that your IRA manager include your contact information with the check. Your IRA manager cannot identify your gift to PBA without your permission.
  • Your charitable IRA rollover gift should be transferred to PBA directly. Our formal business name and mailing address is included below:

Atlanta Educational Telecommunications Collaborative, Inc.
Attn: Amanda La Kier
740 Bismark Road, NE, Atlanta, GA 30324

EIN: 58-2126423

  • Please let us know to expect your charitable rollover gift by contacting Elizabeth Spears at (678) 686-0308 or espears@pba.org. Include the name of your IRA provider, the amount of your gift and any special instructions you may have.

Note

  • Charitable Rollover does not qualify as a charitable deduction.
  • The only benefits permissible from a charitable rollover gift are those that would not reduce the tax deduction for which the donor would have otherwise qualified (No thank you gifts with a fair market value).
  • It is the donor’s responsibility to ensure the charitable rollover comply with IRS rules.
  • A charitable rollover gift may count towards giving circle membership such as the PBA Cornerstone Society.
  • Consult with your tax professional to decide if a charitable rollover gift is right for you.

Contact Us

If you have any questions about supporting PBA with a charitable rollover gift, please contact Elizabeth Spears at 678-686-0308 or espears@pba.org.