How to Donate from Your IRA
“When I began feeling a strong connection to Meher Mount, I decided to start a monthly donation as a way to enhance that feeling and keep the energy flowing.” - A Monthly Donor
Donate directly from your IRA & save on taxes
You can easily set up a monthly donation sent directly from your IRA retirement account to Meher Mount.
As long as your gift is made directly from your plan, your qualified charitable distribution (QCD) will not be subject to federal income tax (state tax laws can vary) and will count toward your required minimum distribution (RMD).
In addition, you must be 70½ years and older. The limit is $100,000 per donor, per year.
Each account management firm has its own system, but this is the process most firms use.
Contact your retirement fund administrator and request a disbursement form.
Fill out the form provided designating Meher Mount as the donation recipient.
Legal Name: Meher Mount Corporation
Address: 9902 Sulphur Mountain Road
Ojai, CA 93023-9374
Tax ID: 77-0236525
Telephone: 805-640-0000
Under payment details, check the portion allowing for “recurring partial cash distribution” indicating a start date and frequency.
Then authorize your plan to send a check directly to Meher Mount.
Some plan administrators do not provide the donor’s name with account distributions. Send an email or call Meher Mount at 805-640-000 with your name, the name of your financial institution and the amount of your gift. You will be notified when your recurring gift starts.
“I used to only think of donations at the end of the year as the tax-deadline approached. It was kind of stressful for me, deciding which organizations I wanted to support and how much to send. Now, I spread it over 12 months and that way I find it so much easier to meet my giving goals.” — A Monthly Donor