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IRA Charitable Rollover

You have worked hard and saved for your retirement, and your hard work has paid off. Now use your savings to create your legacy by making an IRA Charitable Rollover Gift.

If you are 70½ or older you can use your individual retirement accounty (IRA) to support your favorite charity. Making an IRA charitable rollover gift to the Huron Community Foundation will lower income and taxes from your IRA required minimum distribution this year.

The donation can be part of the Huron Community Foundation general endowment, or you can set up a donor advised fund where you, your family, or someone you choose can decide how the earnings on your investment will be used to make Huron a better place, year-after-year, for decades to come.

Benefits of an IRA Charitable Rollover

Avoid taxes on transfers of up to $100,000 from your IRA to our organization
Satisfy your required minimum distribution (RMD) for the year
Reduce your taxable income, even if you do not itemize deductions
Make a gift that is not subject to the deduction limits on charitable gifts
Help further the work and mission of our organization

How an IRA Charitable Rollover Gift Works

Contact your IRA plan administrator to make a gift from your IRA to us.
Your IRA funds will be directly transferred to our organization to help continue our important work.
Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
Please contact us if you wish for your gift to be used for a specific purpose.

Contact Us

If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have. Email the Huron Community Foundation at hcf@huronsd.com or call Foundation President Steve Gohn at (605) 354-1118.