A Tax-Smart Way to Give
If you are 70 ½ or older, an IRA charitable rollover (also called a Qualified Charitable Distribution or QCD) can reduce your tax burden while helping provide clean water, hunger relief, medical care, disaster response, child development, and other life-changing aid to people in need worldwide.
Benefits:
- Maximize your gift to Operation Blessing and Orphan’s Promise. Rather than writing a check from funds you use daily, gifting non-cash assets can make a bigger impact for both you and the ministry.
- It’s an easy gift to make through your IRA custodian.
- Reduce your taxable income, even if you do not itemize deductions.
- Avoid taxes on transfers of up to $111,000 annually from your IRA to Operation Blessing.
How Does It Work?
- Contact your IRA custodian to make a gift from your IRA to Operation Blessing or directly to Orphan’s Promise.
- Provide the custodian with the name and address of Operation Blessing and Orphan’s Promise and the amount you wish to distribute.
- Legal Name: Operation Blessing International Relief and Development Corporation
- Tax ID: 54-1382657
Your IRA funds will be directly transferred to Operation Blessing, most often by check. Contact our Planned Giving team to notify us of this gift so we can be on the lookout.
If you’re 70 ½ or older, learn how to make a tax-free gift directly from your IRA.
Download your free brochure here.
Address: Operation Blessing International Relief and Development Corporation
Planned Giving – CSB 112
977 Centerville Turnpike
Virginia Beach, VA 23463
Legal Name: Operation Blessing International Relief and Development Corporation
Tax ID: 54-138657
Disclaimer: Information contained herein was accurate at the time of posting. This site is informational and educational only. Every individual’s situation is unique. The information on this website does not provide and is not intended to provide estate planning, legal, or tax advice. For such advice, please consult your personal attorney, CPA, or other qualified professional advisor. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.