Return to FAQs

One of our church members wants to make a donation directly from his IRA account to the church. We heard this law expired on December 31, 2009. Can the member make this type of a donation now?

Perhaps. The 2010 Tax Relief Act extends the provisions for charitable distributions retroactive to January 1, 2010, through December 31, 2011. If the church member is 70½ or older on the date of the distribution from the IRA, he may exclude from gross income up to $100,000 of gifts made directly by the IRA trustee to the church for each tax year (beginning in 2010 and 2011).

Dan Busby is a certified public accountant, president of the Evangelical Council for Financial Accountability (ECFA), and the author of the Zondervan Clergy Tax & Financial Guide.