Donate from your IRA for tax benefits
For those that are over 70 ½ years, using a traditional IRA to make a charitable donation is a smart and effective way to help wildlife while also lowering your tax bill.
- Up to $105,000 per person can be donated to a qualified charity like Wildlife SOS without incurring income tax – even if you don’t itemize your deductions.
- What’s more, if you’ve reached the age where you need to take required minimum distributions (RMDs) from your traditional IRAs, you can avoid paying taxes on them by donating that money directly to Wildlife SOS, a qualified 501c(3).
Simply contact your plan administrator and tell them you would like to make a charitable donation from your IRA.
The registered charity of Wildlife SOS in the USA accepts IRA donations. Wildlife SOS India is unable to accept IRA donations.
Designate Wildlife SOS as a beneficiary
Another way to donate IRA assets is by naming Wildlife SOS as the designated beneficiary—or one of them—of the IRA. By naming us as a beneficiary, Wildlife SOS will receive a percentage of the remaining assets as set by you. Our tax ID is 20-3274638 and address is 406E 300S #302, Salt Lake City, UT 84111. Click here to learn more about including Wildlife SOS as a beneficiary in your will or contact Lavanya at lavanya@wildlifesos.org.
Need a receipt for your Qualified Charitable Donation?
If you’ve already made an IRA distribution to Wildlife SOS and haven’t received a tax receipt, please email lavanya@wildlifesos.org with detailed information on your donation (amount, financial institution where IRA is held) and your contact information (name, address and email)
