The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 restores provisions through 2011 that allow individuals at least 70 ½ to request their IRA administrators make distributions directly to their favorite charities. The principal rules for direct transfers from a traditional IRA to a qualified public charity are:  a) the IRA owner must be 70½ or older and b) the transfer is for no more than $100,000 for the year. The transfer does qualify toward the required minimum distribution. Such gifts must be to a public charity (Wider Church Ministries and the Division of Overseas Ministries both qualify) and can be either unrestricted in nature, or for a specific purpose within Global Ministries.  IRA gifts are transferred from the IRA administrator or trustee to the charitable organization.

For more information from our denominational development offices: http://www.christianchurchfoundation.org/UserFiles/Files/2011charitableIRAextension.pdf or http://www.ucc.org/giving/pdf/irarollover.pdf. Please contact gifts@dom.disciples.org or cornaccp@ucc.org for specific questions about giving from your IRA to WCM or DOM for the work of Global Ministries in 2011.