The IRA Charitable Rollover

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Make a lasting impact on literacy and learning in your community. The IRA Charitable Rollover allows individual 70½ and older to make direct, tax-free transfers to Carnegie Library of Pittsburgh. It’s an easy, tax-smart way to support the library services you love.

If you turned 70½ by the end of 2019 or 72 as of January 1, 2020:

    • Your gift counts toward your Required Minimum Distribution (RMD)
    • Your gift transfers tax-free and can lower your adjusted gross income
    • The transfer process is simple
    • It’s easy to make recurring gifts
    • Transfer your gift directly from a traditional or Roth IRA to the Library
    • Make your gift by December 31 to qualify for the tax year
    • You can name Carnegie Library of Pittsburgh as a beneficiary and make a gift to benefit future Library users

Legal Name/Address: Carnegie Library of Pittsburgh

Organization Type: 501 (c)(3) charitable organization

EIN/Federal Tax ID: 25-0965281

The SECURE Act, in effect as of January 1, 2020, changes rules on funding retirement savings. The CARES Act makes additional changes for the year 2020. The newest Covid relief bill does not waive RMDs in 2021. We encourage you to contact your IRA custodian or financial advisor in order to learn more about the current rules and their impact on your savings and philanthropy.

For more information about how your gift makes a difference to the Library and community, contact:

Anne Lee, Manager of Special Gifts and Planned Giving
Carnegie Library of Pittsburgh
Office of External & Government Relations
4400 Forbes Avenue
Pittsburgh, PA 15213-4007

Phone Number: 412.622.6276

Email: donors@carnegielibrary.org


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