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IRA/Retirement Account
MAKE A CHARITABLE IRA ROLLOVER GIFT TODAY
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If you are 70 1/2 or older, you can make gifts directly from your Individual Retirement Account (IRA) to Pierced Ministries & Rehab Services, Inc. without paying income tax on the withdrawal.
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You must be age 70 1/2 or older at the time the gift is made.​
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You must request from the IRA plan custodian a direct transfer of funds to Pierced Ministries & Rehab Services, Inc. for the gift to be tax-free (also known as a Qualified Charitable Distribution).
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Gifts can be used to satisfy your IRA required minimum distribution once they begin.
Each person may give up to $100,000 annually.
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Please note: Funds held in 401(k), 403(b), or tax-deferred annuity plans are not eligible but may be rolled over into a Standard IRA, then used to make tax-free gifts to the ministry. Gifts from SEP-IRA and SIMPLE IRA may qualify but should be discussed with your professional tax advisor.
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When instructing your IRA plan custodian to make a gift, please request that your name and address as the donor be included with the check, or contact us in advance to provide this information, so we may credit it to your account accurately.
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The information on this website is not intended as legal or tax advice. For such advice, please consult an independent attorney or tax advisor.
Contact
Pierced Ministries & Rehab Services, Inc.
PO Box 4669
High Point, NC 27263
Office: 336-307-3899
Fax: 336-905-7136
TAX ID NUMBER: 26-1715884