Stock & IRA Gifts

IRA Distribution

On December 18, 2015, President Obama signed legislation passed by Congress which permanently authorizes the Charitable IRA Rollover retroactive to January 1, 2015.

Donors age seventy and a half years or older and older may transfer up to $100,000 from their IRA to a qualified public charity, such as NPCA. The transfer will be made free of federal income tax – and in some cases state income tax – while still meeting the donor’s required minimum distribution (RMD). The person wishing to make the rollover contribution must go through the IRA custodian who is administering the IRA. Most IRA custodians have forms on their websites that will permit the distribution to be made to the charity. Click here for more information.

Gift of Stock

To make a gift of stock, please instruct your broker to transfer the securities to:

PNC Investment

620 Liberty Avenue

Pittsburgh, PA 15222

Phone: 1-800-762-6111

Brokerage Clearing House: National Financial Service LLC

Account: National Peace Corps Association

Account Number: 097-148446

DTCC Number: 0226

Once the stock is received in the NPCA account, it will be liquidated.  You will receive a letter from NPCA acknowledging your donation and the value of the donation as it arrived in NPCA’s account.

Important:  please contact Kate Schwanhausser (phone: 202-293-7728, ext. 18; fax: 202-293-7554; or email operations@peacecorpsconnect.org) to indicate that you are making a gift of securities.  Follow these links to download the instructions and a sample letter to provide written authorization to your broker.