Planned Giving

IRA Charitable Rollover

Donors over the age of 70½ can make tax-exempt distributions to BAM from an IRA.

Thank you for your interest in making a gift to BAM. If you are over the age of 70½, it’s important to know that you can use your IRA to make charitable gifts.

Through the IRA Charitable Rollover provision, made permanent in 2015, you can donate up to $100,000 to BAM per year, directly from your account. Keep in mind this contribution will count toward your required minimum distribution (RMD), but will not be considered taxable income. Please contact your financial advisor to confirm your eligibility, and be sure to let us know if you are planning to make a gift.

For more information on this simple and mutually beneficial gift option, watch the short video above from beloved former BAM Trustee Henry Christensen III.

Thank you in advance for your generosity.

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