Donate | Gifts from an IRA

Gifts from an IRA

Give a tax-free IRA gift

If you are 70½ years old or older, you can take advantage of a simple way to benefit Homeward Pet Adoption Center and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity such as Homeward Pet without having to pay income taxes on the money.

If you are married, and if you and your spouse are both over 70½, you may each give up to $100,000 to your favorite charitable organizations.

By making a gift from your IRA to Homeward Pet during your lifetime, you can see your philanthropic donation at work helping to fulfill our mission.

A tabby cat with closed eyes is resting comfortably inside a transparent, round bowl-shaped perch attached to a wooden surface. The cat looks relaxed and cozy, with its head and paw visible.
  • A gray tabby cat with orange eyes clings to a scratching post while gazing at a hanging brown ball toy.
  • A brown and white dog wearing a light blue harness stands outdoors on a leash, with sunlight highlighting its face and ears. The background is blurred greenery and a shaded path.

Other benefits of IRA gifts

  • You do not have to pay income taxes on distributions from your IRA to charities
  • You can satisfy your minimum required distribution for the year

How to get started on making your IRA charitable rollover gift

  • Contact your IRA plan administrator to make a gift from your IRA to us
  • Your IRA funds will be directly transferred to our organization to help continue our important work.
  • Please let us know if you wish for your gift to be used for a specific purpose.

Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.

If you have any questions about making a donation or need assistance completing your gift, please contact our Development Manager, Molly, at molly@homewardpet.org.

*Nothing on this website should be construed as legal advice. Please contact your attorney or financial advisor to determine what is best for your personal situation.