Make a Charitable Contribution Through Your IRA

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Make a Charitable Contribution Through Your IRA

When you make a contribution to the Historical Society of Pennsylvania directly from your IRA, you make a statement about your love for history while making a tax-efficient gift. 

As you may know, the IRA Rollover Law has been permanently extended. This means you can make a distribution to HSP from your IRA without paying income taxes on the contribution; however, the contribution does not qualify as a charitable gift for tax purposes. There are specific requirements:

  • You must be at least 70 ½ years old
  • You must decline goods or services
  • Your rollover may not exceed $100,000

 

To make a gift, please send a letter to your IRA administrator requesting a direct charitable distribution to the Historical Society of Pennsylvania in the amount you wish to donate. The letter should include the HSP’s Tax ID number: 23-1352322.

For assistance, please call 215-982-2423 or email lzimmerman@hsp.org.