Support: IRA Charitable Rollover
 /  IRA Charitable Rollover

IRA Charitable Rollover

If you are 70 ½ or older, the IRA Charitable Rollover is a tax-wise way to support The Chester Charter School for the Arts. You may make outright gifts of up to $100,000 per year to The Chester Fund from your IRA and avoid federal income taxation on the distribution. For gifts to be counted toward the required minimum distribution for 2017, transfers must be made by December 31, 2017.

To execute an IRA Charitable Rollover, please contact your IRA administrator. S/he will have specific instructions for making your distribution. For a sample transfer request form, please click here. Please be sure to alert Alex Coll that your IRA gift is on the way so we can process it. Alex can be reached at 610-859-2988 or acoll@thechesterfund.org.

What are the benefits?

  • Transfer tax-free gifts from your IRA directly to The Chester Fund.
  • These gifts may be applied toward your annual Required Minimum Distribution.
  • Beneficial for individuals who do not itemize deductions on their income tax.
  • Withdrawals are not subject to annual charitable deduction limitations.
  • IRA gifts may be used to satisfy multi-year Campaign pledges.

Who Qualifies?

  • Donor must be age 70 ½ or older at the time of transfer.
  • The maximum amount a donor may transfer is $100,000.
  • The gift must be outright. Gifts to donor advised funds or to life income vehicles do not qualify.
  • The gift must be transferred directly from the IRA account by the IRA administrator to The Chester Fund. Donors with check-writing ability for their IRAs may use this feature to complete their gift.

Important: Be sure to check with your financial advisor to determine whether this provision is right for you. This information is not meant as tax or legal advice.


The Chester Fund for Education and the Arts supports The Chester Charter School for the Arts (CCSA), an arts-integrated, academically rigorous, non-profit public charter school in the Chester Upland School District.

EIN: 20-3297449

The Chester Charter School for the Arts prepares children to employ their intellectual and creative powers to enrich their community.

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