Planned Giving

IRA Rollover

The IRA charitable rollover is a terrific way to make a tax-free gift to US Sailing.

A donation transferred directly from your IRA to the US Sailing Association is not considered federally taxable income for you, but it does count toward your required minimum distribution.

Do I qualify?

  • If you are 70 ½ years or over at the time of the gift, yes.
  • If your gift is sent directly from your IRA to the US Sailing Association, yes.
  • If your gift comes from a traditional IRA or Roth IRA account, yes.
  • If your gift does not exceed $100,000 ($200,000 for a couple) annually, yes.

It’s easy to set-up.  Just send a letter, sample can be downloaded below, to your IRA administrator to make an IRA charitable rollover gift. To comply with IRS regulations and ensure that your gift meets qualified charitable distribution requirements, please direct it to the US Sailing Association.

For more information, please contact us:  info@ussailingfoundation.org or (401-342-7900)

 

Sample Letter for IRA Administrator