Back to top
Back to top

IRA Charitable Rollover

Resource

Policy Issue: IRA Charitable Rollover

Publication date: 
05/2019

The Pension Protection Act of 2006 made the IRA Charitable Rollover permanent law, allowing taxpayers age 70 ½ or older to transfer up to $100,000 annually from their IRA accounts directly to charity without first having to recognize the distribution as income. See the Forum's position and resources on this issue.

News

10 Questions or Less for Paul Daugherty

Release Date: 
03/17/2015

Paul Daugherty is the President of Philanthropy West Virginia, the statewide professional association of private, family, corporate, community and public foundations.In this interview, Paul discusses philanthropy in West Virginia, Foundations on the Hill, throwing a good party, and the value of the Forum Network. Regarding this week's Foundation's on the Hill, Paul said, "With our Members of Congress our key issues are advocating on behalf of tax policies regarding the IRA Rollover Act becoming permanent in the tax code as well as the simplification of the excise tax on foundations. Those components are so important, especially to rural America, which we represent."

News

House of Representatives Passes "America Gives More Act"

Release Date: 
07/21/2014

Last week, the United States House of Representatives passed the bipartisan "American Gives More Act of 2014," a legislative package that makes the IRA charitable rollover permanent and simplifies the excise tax on private foundations, both positions supported by many regional associations.