Making an IRA charitable rollover gift

Those with significant assets in an IRA or those who don't deduct charitable gifts benefit the most from an IRA rollover. Charitable IRA rollover distributions count toward required minimum distributions. 

Your IRA may be used as a convenient, tax-free way to make gifts up to $100,000 per year to Best Friends Animal Society or other qualified charitable organizations, while satisfying IRA required minimum distributions. 

Every gift, no matter how large or small, helps save the lives of homeless pets. When you make a contribution to Best Friends from your IRA, you'll be supporting lifesaving adoption programs, no-kill initiatives, and more. You'll be helping to Save Them All.

Please talk with your tax adviser or other financial professionals to determine whether an IRA charitable rollover could benefit you. 

Here are some key features of a qualified charitable distribution:

• You must be at least 70 ½ years old.  
• You may transfer up to $100,000 per year directly from your traditional or Roth IRA to Best Friends or other qualified charitable organizations.  
• Married couples can each gift up to $100,000 per year from their IRA if they each meet the requirements above. 
• You may not receive any goods or services in return for your IRA rollover gift.  
• New legislation effective in 2023 makes it possible to use qualified charitable distributions to fund life-income gifts like charitable gift annuities and charitable remainder trusts.   

Legal name: Best Friends Animal Society   
Tax ID number: 23-7147797   
Address: 5001 Angel Canyon Road, Kanab, UT 84741