The Nature Conservancy. Protecting nature. Preserving life.™

Important Reminders:

• Whatever your charitable intentions, do not incur additional tax penalties by making a withdrawal from your retirement plan before you are vested and the plan is ready to make distributions to you.
• Be sure to consult carefully with your plan administrator and your financial advisors before making any lifetime gift from your retirement plan.
   

Gift Examples: 

Example 1 illustrates an outright gift from an IRA by a donor over age 70½:
You are 75 years old and your adjusted gross income will total $200,000 this year. Earlier in the year you contributed $100,000 to The Nature Conservancy, so you have reached the limit (50% of adjusted gross income) on charitable gifts you can deduct this year.

You want to provide additional support for a The Nature Conservancy program, so you direct a $100,000 payment from your IRA to us.

Summary of the costs/benefits:

Example 2 illustrates the costs and benefits of a withdrawal from an IRA by a donor younger than 70½:
You are 65 years old. You withdraw $100,000 from an IRA and contribute it to The Nature Conservancy.

Summary of the costs/benefits:

 Is this gift for you?

Make a lifetime gift from a retirement account, after careful review, if...

• You are over age 70½.
• You want to make a significant outright gift to support one of our programs now.
• Your other charitable contributions for the year have reached your percentage-deduction limitation.

Or...

• You are under age 70½, and your tax liability for the year will be low.
• Your other disposable assets are limited.

In both cases...

• You have adequate (or surplus) retirement savings.
   

Return to IRA Gift Overview.