IRA Charitable Rollover provision


President Obama is expected soon to sign back into law the reauthorization of the IRA Charitable Rollover provision, as provided in the Tax Increase Prevention Act of 2014 recently passed by Congress, which allows individuals who have reached age 70½ to donate up to $100,000 to public charities directly from their IRA, without treating the distribution as taxable income.

The IRA Charitable Rollover Extension enables you to contribute IRA funds without paying any income tax on withdrawals if:

  • You are over the age of 70 ½;
  • The charitable contribution is made directly from your traditional or Roth IRA;
  • You transfer up to $100,000 from your IRA to a qualified public charity;
  • You receive no goods or services from the charity in exchange for the gifts.


The IRA Charitable Rollover will once again expire on December 31, 2014, so this charitable giving opportunity will only be available for a very limited time.

To learn more about directing a distribution from your IRA to New York Public Radio, please contact Dina Vaz, Associate Director of Legacy Giving at (646) 829-4492 or