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IRA to Gift Annuity Rollover

You may be looking for a way to help further our mission and enhance your income. If you are 70½ or older, you can make a one-time IRA rollover to fund a charitable gift annuity and receive fixed payments for life.

Benefits of an IRA to gift annuity rollover

  • Reduce your taxes with a one-time transfer of up to $55,000 from your IRA to a Gift Annuity
  • Receive lifetime fixed payments for you and, if you choose, for your spouse
  • Potentially reduce your required minimum distribution (RMD) this year
  • Help further the work and mission of McCallum Theatre

How an IRA rollover to gift annuity works

  1. Contact us about creating an IRA rollover to gift annuity with McCallum Theatre.
  2. Contact your IRA plan administrator to make a one-time qualified charitable distribution (QCD) of up to $55,000 from your IRA to McCallum Theatre.
  3. We will use your IRA gift to fund your gift annuity payments.
  4. Please note that IRA gifts do not qualify for a charitable deduction.
  5. After you receive payments for life, there will be a future gift to us.
  6. Please contact us if you wish your future gift to be used for a specific purpose.

Contact us

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

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McCallum Theatre Legacy Society

The McCallum Theatre Legacy Society recognizes and honors individuals who have generously included the Theatre in their future or planned giving. These distinguished members go above and beyond by supporting the McCallum's artistic and educational programming today while securing its legacy for tomorrow.

If you have included the McCallum Theatre in your estate plans, we invite you to join the Legacy Society. As a valued member, you will enjoy exclusive donor amenities, including:

  • An invitation to an exclusive Legacy Society event.
  • Access to special events, donor receptions, and performances.
  • Recognition of your generosity with a name listing in the Theatre's Fall, Winter, and Spring program books.

Your thoughtful planning ensures the McCallum Theatre remains a vibrant cultural hub for generations to come. To learn more or to share your intentions, please contact Thomas M. Head, Associate Vice President - Development, at 760-776-6164 or email [email protected]. Thank you for your lasting impact!

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