Charitable IRA Rollover — Turn your Savings into Lifesaving

If you make a contribution to Pet Alliance of Greater Orlando through your IRA, you’ll be saving the lives of homeless pets and you’ll get great benefits, too!

A charitable IRA rollover is a wonderful option for people 70 ½ years of age and older. That’s because it allows you to make a gift to the animals — from $100 to $100,000 — and the distribution won’t count as taxable income. An IRA rollover is also a great option if you don’t normally itemize your charitable deductions. It is possible to give individual retirement account (IRA) assets to charity, free from federal tax, annually.

Commonly Asked Questions​

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What’s a charitable IRA rollover?

A charitable IRA rollover is a direct contribution made from your traditional or Roth IRA to a public charity like Pet Alliance of Greater Orlando. Your contribution is excluded from your taxable income and can’t exceed $100,000 per year.

Is my IRA rollover gift deductible?

No. The transfer generates neither taxable income nor a tax deduction. You will not pay any income tax on the gift either, so you benefit even if you do not itemize your deductions.

Who benefits most from an IRA rollover?

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.

When do I need to make my gift?

We must receive your gift by Dec. 31 for your donation to qualify this year. If you have check-writing privileges on your IRA account, please mail your check by Dec. 20 in order to give us time to process your gift before the end of the year. Otherwise, please contact your financial advisor to find out how to make a gift via your IRA.

If you have additional questions about making a charitable IRA Rollover or planned giving, please contact Cathy Rodgers at crodgers@petallianceorlando.org.

Looking for more planned giving options? Check out the following resources:

Additional ways to give:

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Pet Alliance’s Downtown Orlando cat shelter is closed Saturday, November 2.