Gift from an IRA

Did you know you can make a gift directly from your IRA to The National Shrine of Mary, Mother of the Church?

Traditional IRA

If you are 72 years old and have a traditional IRA, the United States government requires you to take a distribution from your IRA, known as a Required Minimum Distribution, or RMD. Distribution rates vary. Many investment websites have calculators so you can estimate the amount you will be required to take as a distribution during the calendar year.

If you do not need your distribution, one way you can avoid paying the taxes owed is by having your IRA account’s custodian send your distribution directly to The National Shrine of Mary, Mother of the Church. You can support The National Shrine of Mary, Mother of the Church in maintaining and enhancing the outdoor spiritual experiences and programs for visitors and pilgrims.

IRA charitable rollover

If you are not yet 72 years old, but at least 70-1/2, you can make a “rollover gift” directly from your IRA to The National Shrine of Mary, Mother of the Church up to $105,000. An IRA rollover gift also allows you to give from “pre-tax” assets.

Whether your gift is an RMD or the rollover, thank you for your generous gift! Call your IRA custodian and tell them you want to make a “qualified charitable distribution,” or contact Terri Lynn, Director of Development, at tlynn@mmocs.org and she would be happy to assist you in making a gift that will help meet your goals and the mission of The National Shrine of Mary, Mother of the Church.

As each one has received a gift, use it to serve one another as good stewards of God’s varied grace.

1 Peter 4:10