Make your charitable donation using a debit card, credit card, or banking account via PayPal.
You may also make a charitable gift to IN Series by personal check mailed to:
The IN Series
1835 14th Street NW
Washington DC, 20009
If you are age 70 ½ or older, you can transfer up to $100,000 each year directly from your traditional IRA account to IN Series.
This smarter way to give may satisfy a portion or all of your annual required minimum distribution (RMD) and serve as a qualified charitable distribution for your IRA, which can save you on taxes even if you do not itemize.
Contact your plan custodian to complete the IRA transfer. Call Luz Segura at (202)204-7764 if you need help.
IN Series’ tax identification number (EIN) is 52-1193830.
Important notes on IRA Transfers:
This special way to give only applies to traditional or ROTH IRAs. Other retirement plans, such as the 401k, 403b and others do NOT qualify.
While The SECURE Act did change the required minimum distribution (RMD) age to 72 for those under 70 ½ as of December 31, 2019, it DOES NOT change the age eligibility for making a qualified charitable distribution (QCD) through an IRA. For those who are between 70 ½ and 72, the QCD amount simply would not offset this year’s RMD because none are owed yet.
In 2021, IRA owners aged 72 and older will resume their required minimum distribution (RMD) from IRAs. By exercising an IRA qualified charitable distribution (QCD), you may satisfy your RMD for the year and reduce reportable taxable income.
If your IRA custodian provides you with an IRA checkbook where you can directly write the check to IN Series, please consider mailing the check no later than December 10. Due to different IRS requirements for this type of transfer, we need additional time to process your generous gift.
If you would like to make a gift to IN Series by transferring stock, please provide the following information to our broker to initiate the transfer:
Please have your broker indicate your name and IN Series in the stock transfer notes.