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Charitable IRA Rollover:

Turn Mandatory into Meaningful

Transfer funds directly from your IRA to Johns Hopkins

and make an immediate impact on

Rising to the Challenge:

The Campaign for Johns Hopkins.

Contribute your IRA

gift to any area of John Hopkins—supporting our

faculty and researchers in developing new knowledge;

investing in scholarships and fellowships to attract the

best students, regardless of their financial capacity; and

helping us take on global problems that touch us all

from crumbling cities to health care delivery, and more.

The charitable IRA rollover has

returned for good, thanks to legislation

signed in December 2015 that

made this popular giving opportunity

permanent. The rollover is a convenient,

tax-efficient way for donors who are

at least 70 ½ years old to support

Johns Hopkins. Read on for more

information about the charitable

IRA rollover and how to accomplish

your outright gift.

Consider this giving example:

Michael Brown, age 72, has a traditional

IRA, and his required minimum

distribution is approximately $30,000.

If he receives the distribution, it will

be taxable at his marginal tax rate of 35

percent. Through a charitable IRA

rollover, Michael can instruct his plan

administrator to transfer $30,000 to

Johns Hopkins as a charitable gift, and

the $30,000 will no longer be included

in Michael’s income. Michael can also

choose to direct a portion of the required

minimum distribution or a greater

amount not to exceed $100,000 to any

school or division of Johns Hopkins.

How It Works

If you are 70½ or older, you may

transfer up to $100,000 a year directly

from your IRA to a qualified charity,

such as Johns Hopkins. If your spouse

has a separate IRA, he or she can also

make a charitable IRA rollover gift.

The amount of the transfer will not

be included in your taxable income,

and the transferred amount can

count toward the IRA’s required

minimum distribution.