Giving through an IRA Distribution

IRA Charitable Distribution: 

Under The Protecting Americans from Tax Hikes Act of 2015, Americans over the age of 70½ may distribute up to $100,000 in a calendar year from an IRA to American Players Theatre or other qualified charities free of federal income tax.  

Guidelines  

  • You must be 70½ or older.  
  • You may distribute any amount up to $100,000 in a calendar year to charity, as long as it is completed by December 31 of the year in which you intend to make the charitable distribution.  
  • Your IRA administrator must make the distribution directly to the charity. For a sample letter of instruction to your IRA administrator requesting a distribution to APT click HERE. 

Before proceeding, you should consult with your tax advisor to discuss your particular situation, including any impact of your state's tax laws. All IRA charitable distributions are restricted from receiving benefits such as complimentary tickets. Gifts may be sent to American Players Theatre, PO Box 819, Spring Green, WI 53588.