Start with the plain guide. Open the deeper layers when you want the ecosystem around it.
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StewardNGO / Nonprofit
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First readWhat to know+
Topic: Giving money from an IRA to charity without paying income taxWho qualifies: People age 70½ or older with an IRA accountLimit: Up to $100,000 per year, tax-freeSteps: Contact Catholic Charities at jmcgarry@catholiccharities.org or 713.874.6681 to set it upSource: Catholic Charities of the Archdiocese of Galveston-Houston
Next rungHow to step in+
Good first step: Act Catholic Charities of the Archdiocese of Galveston-Houston
Call 713.874.6681 or email jmcgarry@catholiccharities.org and say: 'I would like to make a Qualified Charitable Distribution from my IRA. Can you help me get started?'
Time and placeWhere this sits+
Our MoneyCatholic Charities of the Archdiocese of Galveston-Houston
If you are 70½ or older, you may be able to give directly from your Individual Retirement Account (IRA) to a charity — without paying income tax on that withdrawal. Catholic Charities of the Archdiocese of Galveston-Houston accepts this type of gift, called an IRA Charitable Rollover.
You can transfer up to $100,000 per year directly from your IRA to a qualifying nonprofit. The money goes straight from your IRA to the charity — you never touch it — so it is not treated as taxable income. The rollover applies only to IRAs. It does not apply to a 401(k), 403(b), or other employer-sponsored retirement plans. Catholic Charities of the Archdiocese of Galveston-Houston is a tax-exempt 501(c)(3) organization, so it qualifies to receive this type of gift. Their Tax ID number is 74-1109733.
Start by calling or emailing Catholic Charities to let them know you plan to make a rollover gift — that way they can properly acknowledge it. Then contact the financial institution that holds your IRA. Ask them how to set up a direct charitable transfer. You can instruct them to send the distribution to Catholic Charities of the Archdiocese of Galveston-Houston at 2900 Louisiana St., Houston, Texas 77006. Because state tax rules vary, it is a good idea to check with your tax or financial advisor about how this gift works in your specific situation.
No fixed date
Not location-specific
Catholic Charities of the Archdiocese of Galveston-Houston serves neighbors across the Houston area. If you want to support their work in other ways, they also offer monthly giving options.
An IRA Charitable Rollover lets you support a cause you care about while keeping that money out of your taxable income. The transfer can also count toward your required minimum distribution (RMD) — the amount the IRS requires you to withdraw each year once you reach a certain age. That combination can make a real difference at tax time.
