Gifts Through Your IRA

Supporting the Grand Canyon Trust through your IRA is a mutually beneficial way to give because it can help you lower your tax bill and have a lasting impact on the places you love. 

If you are 70 ½ or older, you can make a qualified charitable distribution from your IRA to a charity, and that distribution is tax-free. Once you turn 73, certain retirement accounts (such as a traditional IRA) generally require that you make a required minimum distribution or suffer financial penalty. Your IRA gift can satisfy part or all of your required minimum distribution.

The details

• Qualified charitable distributions transferred directly to the Trust from your IRA account will not be taxed.
• Individuals may transfer up to $111,000 (in 2026, and adjusted annually for inflation) without incurring income tax on the withdrawal.
• IRA gifts are not subject to the 60 percent annual charitable deduction limitation.
• IRA transfers can be one-time or recurring gifts.

Example

You are 75 years old, married, and plan on claiming the standard deductions ($24,800 in 2020) instead of itemizing tax deductions. You would like to donate to the Grand Canyon Trust, so you instruct your IRA administrator to make a direct distribution of $20,000 to the Trust. Your gift counts toward your annual IRA required minimum distribution, thus reducing your taxable income and helping us safeguard the Grand Canyon and the Colorado Plateau.

For more information about supporting the Trust through your IRA, please contact us at (928) 774-7488 or philanthropy@grandcanyontrust.org.

**Please note the Grand Canyon Trust cannot render tax or legal advice. We encourage you to consult with your professional advisor about your situation before making a charitable gift.