IRA Charitable Rollover Gift

If you are 70 ½ or older, you can donate up to $111,000 tax-free from your traditional or Roth IRA directly to JUF or Jewish Federation.

You can use an IRA charitable rollover, or qualified charitable distribution (QCD) for gifts to:

• JUF Annual Campaign
  • A gift to the JUF Annual Campaign is an unrestricted gift to the Jewish United Fund of Metropolitan Chicago
• Jewish Federation through The Centennial Campaign
  • Create a Campaign Continuity Fund or Lion of Judah Endowment
  • The Legacy Fund
  • Capital Projects
  • Jewish Day School Guaranty Trust Fund

How it Works

• By using your IRA charitable rollover to make a gift, the distribution is not treated as taxable and you would not receive a charitable deduction for the distribution amount.
• Taxable assets will be removed from your estate;
• Gifts qualify for IRA required minimum distributions; and
• Distributions may not be made to a donor advised fund or supporting foundation.
• You may also make a one-time election of up to $55,000 for a charitable gift annuity or charitable remainder trust.

Your financial advisor and tax professional can help make sure your giving strategy aligns with your retirement goals as well as any changes to tax rules.

It is recommended that you contact your plan administrator to make a gift directly to us. They may have a form available online. Or you may use the forms provided below:

It is important to notify us when you request an IRA charitable rollover so that your gift can be identified when it arrives. Many financial institutions do not include the donor’s name on the distribution. Filling out the the form on this page will help us identify and acknowledge your gift correctly.

If you have any questions about an IRA charitable rollover, please contact us at 312-357-4853 or email [email protected].

IRA Gift Notification Form

Use this form to notify JUF/JF of an incoming IRA gift.