Delivering Food, Shelter, and Hope to the Poorest of the Poor.

IRA Charitable Rollover Makes a Comeback

At least for tax year 2014, the very popular IRA Charitable Rollover is back.

Donors to Cross Catholic Outreach, who are 70½ or older, are once again eligible to move up to $100,000 from their IRAs directly to qualified charities without having to pay income taxes on the money.

Many who give to our great mission are delighted, and they’re not alone. “Few tax provisions are as popular as this,” The Wall Street Journal reported last year. “Readers have been asking if Congress would restore the benefit.”

Under the provisions of the IRA Charitable Rollover, donors to qualifying charities do not get deductions, but they don’t have to declare the distributions from their IRAs as income.

This can be very beneficial for some donors because the amount of the donation never shows up as part of the income that is counted in calculating such taxes as Social Security and Medicare.

Gifts for 2014

Under the restoration of the IRA Charitable Rollover, qualified donors must make distributions directly from their IRAs to Cross Catholic Outreach. For details on how to accomplish this, contact William Fenton by email or call him directly at 954-657-9039.

Cross Catholic Outreach

2700 N. Military Trail, Suite 240

PO Box 273908

Boca Raton, Florida 33427-3908


Cross Catholic Outreach is a 501c3

CCO Background Stats 2016