If you are age 70½ or older, you may give up to $100,000 directly from your IRA to qualified charities without paying federal income tax on the distribution.
If you’d like to make a gift to benefit the House of Hope, or if you’re fulfilling an existing pledge, you may choose to make a qualified charitable distribution from your IRA.
Making an IRA gift
Contact your IRA plan administrator and request a direct qualified charitable distribution from the IRA account to The House of Hope Presbyterian Church, a 501(c)(3) organization, with tax ID number 41-0694740.
Mail the check to:
The House of Hope Presbyterian Church
Attn: Michelle Freyholtz
797 Summit Avenue
St. Paul, MN 55105
Notifying the House of Hope
Please contact Michelle Freyholtz at (651) 223-7556 or email MichelleF@hohchurch.org to inform us of the gift and to let us know how you would like your gift designated.
To qualify as a charitable distribution in the current tax year, it must be completed by December 31. If you are using an IRA checkbook, be aware that the date of gift is established when the IRA administrator transfers the funds after the charity deposits the check, not when the check is postmarked or delivered. The time it takes the IRA administrator to transfer the funds varies.
This information is provided as an educational service to our donors. It is not legal or tax advice. Please consult your own professional advisors on how any charitable gift may affect your own tax situation.