Planned Giving

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Make a Gift From My IRA

Search IRA Rollover Custodians:

IRA Charitable Rollover

You may be looking for a way to make a big difference to support or enhance the park you love. If you are 70½ or older, an IRA charitable rollover is a way you can help continue supporting the park and benefit this year. An IRA charitable rollover is a way you can help continue our work and benefit this year.

Flowchart: Donor directs IRA custodian to make an IRA charitable rollover gift to .

Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $105,000 from your IRA to the Oglebay Foundation
  • May satisfy your required minimum distribution (RMD) for the year
  • Reduce your taxable income, even if you do not itemize deductions
  • Make a gift that is not subject to the deduction limits on charitable gifts
  • Help maintain, support and grow the resources of Oglebay and Wheeling Park

How an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA to support the Oglebay Foundation.
  2. Your IRA funds will be directly transferred to the Oglebay Foundation to ensure the park you know and love is here for generations.
  3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
  4. Please contact us if you wish for your gift to be used for a specific purpose.

Gifts from your IRA

If you are 70½ or older, you can use your IRA to fulfill your charitable goals. You can use the "Make a Gift From My IRA" tool to contact your IRA custodian and make a qualified charitable distribution. We will acknowledge your generous gifts as a qualified charitable distribution, which may satisfy your RMD, if applicable.

Contact us

If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.

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