IRA Rollover Gifts
Donors age 70 ½ or older may roll traditional IRA funds to and
Hope Media Group tax-free up to $105,000 (indexed for 2024.) The IRA Qualified Charitable Distribution, also known as an IRA Charitable Rollover, is a tax-free direct transfer of IRA funds to Hope Media Group.
Benefits of an IRA Rollover Gift
Your IRA Qualified Charitable Distribution gift:
- Is tax-free when given directly from your IRA to Hope Media Group
- Can satisfy all or part of your annual IRA required minimum distribution for ages 72+
- Couples who each have an IRA may give up to $105,000 (indexed for 2024) from each IRA
How to make an IRA Rollover gift
- Contact your IRA custodian and let them know you wish to make a Qualified Charitable Distribution from your IRA. The gift needs to be made payable to Hope Media Group.
- Have your custodian mail the check to:
Hope Media Group
1722 Treble Dr
Humble, TX 77338 - Please let us know about your IRA Qualified Charitable Distribution, as some IRA custodians do not always inform us who the gift is from.
- We will send you an acknowledgement that we received your gift within 2-3 weeks after receiving it.
If you’re not in a position to consider an IRA Qualified Charitable Distribution during your lifetime, leaving IRA/retirement plan assets to Hope Media Group at the end of your life can shelter those assets from erosion due to income taxes and/or estate taxes. Simply name
Hope Media Group as a beneficiary of all or a percentage of your IRA/retirement plan by requesting and filling out a Beneficiary Designation Form through your IRA custodian.
Contact Us
Please contact us if you have any questions about making an IRA Qualified Charitable Distribution gift to Hope Media Group.
Email: futurehope@hopemediagroup.com
Phone: 1-833-876-4673
