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IRA Rollover

A qualified charitable distribution, also known as an IRA charitable rollover gift, allows individuals 70½ or older to make an outright gift of up to $100,000 annually from an IRA directly to Make-A-Wish Illinois (the distribution is not subject to tax).

Recap of Charitable IRA Rollover Rules

  • The IRA account holder must be age 70½ or older at the time the distribution is made to Make-A-Wish Illinois
  • Distributions are limited to $100,000 per individual per year and must be transferred directly from the IRA custodian to Make-A-Wish Illinois
  • Distributions can only be directed from a traditional or Roth IRA
  • The distribution must be an outright gift to Make-A-Wish Illinois

Benefits of Charitable IRA Rollover

  • Satisfies all or part of annual required minimum distributions (RMD) and provides a charitable giving strategy for donors who do not need the additional income
  • The rollover amount is a tax-exempt distribution and not subject to income tax
  • Maximizes giving by allowing donors to give outside of the charitable deduction limit
  • Provides value for those who do not itemize
  • May be used to fulfill any outstanding pledges

You should work closely with your IRA custodian to request a direct distribution to Make-A-Wish.

Contact Susan M. Zellner, Individual Giving Director, at 312.602.9429 or with questions and to notify us of your planned gift.

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Make-A-Wish® Illinois
640 North LaSalle Drive
Suite 280
Chicago, IL 60654
(312) 602-9474
Toll Free (800) 978-9474