Use Your IRA to Support Adoption
If you’re age 70½ or older, you can make a powerful, tax-efficient gift through an IRA charitable rollover, also known as a Qualified Charitable Distribution (QCD). By donating directly from your IRA to Lifetime Adoption Foundation, a 501(c)(3) nonprofit (Tax ID #68-0418994), you can support adoption while potentially lowering your taxable income.
What Is an IRA Charitable Rollover?
An IRA charitable rollover (or Qualified Charitable Distribution) allows you to transfer funds directly from your IRA to a qualified nonprofit organization which ultimately lowers your taxable income for the year.
This giving strategy is ideal for donors who want to:
- Support a nonprofit adoption foundation
- Reduce taxable income
- Fulfill required minimum distributions (RMDs)
Benefits of a Qualified Charitable Distribution (QCD)
Making a QCD to a 501(c)(3) nonprofit like Lifetime Adoption Foundation offers several advantages:
- Tax-free charitable giving from your IRA (up to IRS limits)
- Lowers your adjusted gross income (AGI)
- Satisfies your Required Minimum Distribution (RMD)
- Supports a trusted adoption charity nonprofit that helps birth moms and families
Why Donate to an Adoption Charity Through Your IRA?
When you choose a QCD adoption charity, your gift helps:
- Create loving, stable homes for children
- Offer support and counseling for birth mothers
- Provide adoption grants for waiting families
- Fund ethical, domestic adoption services
Giving through an IRA donation to a nonprofit allows you to make a larger impact without affecting your current cash flow.
How to Donate from Your IRA to a 501(c)(3) Nonprofit
Follow these simple steps to complete your IRA charitable rollover donation:
1. Contact Your IRA Administrator
Request a Qualified Charitable Distribution (QCD) or IRA direct transfer to a nonprofit.
2. Provide Our Nonprofit Information
Legal Name: Lifetime Adoption Foundation
Tax ID (EIN): 68-0418994
Nonprofit Status: 501(c)(3) adoption charity
3. Choose Your Donation Amount
You may transfer up to the IRS annual limit (commonly $100,000 per individual; subject to current IRS rules).
4. Notify Us of Your Gift
Let us know your IRA donation to Lifetime Adoption Foundation so we can acknowledge your gift and ensure proper designation.
Important IRA Giving Guidelines
- Your IRA charitable rollover must be paid directly to the nonprofit
- QCDs apply to traditional IRAs (not typically 401(k)s or other plans)
- You must be 70½ or older at the time of the gift
- Consult your tax advisor or financial planner before making an IRA donation
Make a Lasting Impact Through an IRA Donation
An IRA charitable rollover to an adoption nonprofit is more than a tax strategy, it’s a way to change lives. Your gift helps build families, support birth mothers, and give children the opportunity to grow up in loving homes.
Questions About IRA Giving?
If you’d like help making a Qualified Charitable Distribution to Lifetime Adoption Foundation, please contact us at [email protected] or call us at 530-271-1756.
Alone, we can do so little: together, we can do so much.