IRA Charitable Rollover

You may be looking for a way to make a big difference to help further our mission. If you are 70 1/2 or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can benefit this year while helping Dallas Int’l.

Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to our organization
  • 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
  • Help further the work and mission of our organization

How an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA to us.
  2. Your IRA funds will be directly transferred to our organization to help continue our important work.
  3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
  4. Please contact us if you wish to discuss your gift designation.

Certain restrictions and requirements* must be followed when making this type of gift. If you have questions about making this type of gift to Dallas Int’l, please contact The Wycliffe Foundation** at or at (800) 681-5103. Before proceeding, you should also consult with your tax advisor to discuss your situation including any impact of your state’s tax laws.

*For example, the following transfers will not qualify: distributions to private foundations, to donor advised funds, for life income gifts (e.g., charitable remainder trusts), and for any purpose that entitles you to receive a benefit, such as preferred seating at athletic events or tickets to a dinner.

**The Wycliffe Foundation is a support organization for the partner organizations of Wycliffe USA: Dallas International University, Wycliffe Bible Translators, Seed Company, JAARS, and SIL.

Sample form letters

  1. Sample Letter to Charity – letter may be opened as a fillable Adobe PDF form after download
  2. Sample Letter to Plan Administrators – letter may be opened as a fillable Adobe PDF form after download