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IRA Charitable Gifts

Making a Qualified Charitable Distribution (QCD) from a traditional or Roth IRA.

Making an IRA Charitable Gift to WPC
To Fulfill Your Annual Intention of Giving

Many WPC members have made outright contributions and planned gifts from their retirement assets, such as a 401(k), 403(b), traditional or Roth IRA.  If you are looking for an efficient and income-tax beneficial way to accomplish your generosity goals while also supporting the many, exciting ministries of Williamsburg Presbyterian Church, please consider a gift to WPC from your retirement assets.  Below are some frequently asked questions and answers about how to make gifts to WPC from your IRA.

What is an IRA Charitable Gift?

The IRA Charitable Gift is a qualified charitable distribution (a non-taxable distribution) from an Individual Retirement Account (IRA) owned by an individual who is age 70½ or older that is paid directly from your IRA to Williamsburg Presbyterian Church.

How much can I transfer through an IRA Charitable Gift?

You can transfer up to $100,000 annually (up to $200,000 for married couples) from your IRA to WPC.

Can an IRA Charitable Gift be used to satisfy my annual intention of giving?

Yes. You can honor your annual intention of giving to WPC through a qualified charitable distribution from your IRA.

Can an IRA Charitable Gift to WPC satisfy my required minimum distribution (RMD)?

Yes. If you are currently subject to the RMD, then a qualified charitable distribution can satisfy all or part of the required minimum distribution from your IRA.

Are there other tax advantages of gifting through an IRA Charitable Distribution?

Yes. Qualified charitable distributions are not subject to the percentage of AGI limitations for charitable contributions and are not reportable as income for federal income tax or for Social Security income purposes. The amounts withdrawn are not subject to state income taxes in most states. Amounts withdrawn from an IRA account are removed from your taxable estate.

Is an income tax deduction also available?

No. The gift would be excluded from income, so providing a deduction in addition to that exclusion would create an inappropriate double tax benefit.

Can other retirement plans, such as 401(k) and 403(b) accounts, be used?

No. However, it may be possible to make a tax-free transfer from other such accounts to an IRA, from which a qualified charitable distribution can then be made.

What is the process to make a qualified contribution to WPC through an IRA Charitable Gift?

Contact your IRA plan administrator directly and let them know of your interest in making a qualified charitable distribution to WPC.

OK, I am ready to make an IRA Charitable Gift to WPC.  What's Next?

Please contact our director of administration, Stephen Foster at 757-229-4235 or  to make arrangements for your gift.

Who should I contact if I still have questions about MAKING AN IRA Charitable Gift to WPC?

Please contact Allen Thomas at 610-517-1304 or  for further information.