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Legacy Giving

Easy IRA Gift

Barbara had an IRA and was nearing the time to take her required payout for this year in the amount of $2,000. Since Barbara did not need the income, she decided to make her first major gift of $2,000 from her IRA to reflect her support for Ploughshares.

Barbara: My pension had benefited from the last stock market boom. I had more IRA income than I needed to cover my living expenses. I had always wanted to become more involved with Ploughshares. I have taught my students the importance of collaboration and mutual understanding among scientists around the world, who are working on solving some of our toughest challenges, like securing nuclear materials and participating in disarmament negotiations. As I retired, I wanted to make a significant investment in Ploughshares efforts to support these projects, like physicist David Albright's meetings with North Korean scientists, preparing them for the day when an agreement would be reached in solving the challenges of nuclear disarmament.

Barbara called our office and learned of a simple and easy method to make her first major gift to benefit Ploughshares. Now that she was over age 70½, she had the option of rolling over up to $100,000 from her IRA to charity without paying any taxes.

Barbara called her IRA custodian and requested a transfer of her $2,000 required distribution from her IRA directly to Ploughshares Fund.

Barbara: It was very easy to make an IRA charitable gift. The part I like best is that I could support Ploughshares important work with my required distribution. It was a win-win solution.
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Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since your IRA gift benefits under federal rules may be different from this person, you may want to contact us to discuss an IRA gift.

The 2010 IRA charitable rollover passed the House and awaits Senate approval. It is not currently available. Because it is very likely to pass this year, we ask you to continue to plan for a potential IRA charitable rollover in the fall of 2010. To learn more click here.

For more information please select one of the following options:

1. If you would like to receive more information on the benefits of an IRA gift click here.

2. To learn more about making an IRA gift, you may print a brochure. Click Here.