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IRA Rollover

Support The Cleveland Orchestra with an IRA Distribution

As of December 17, 2014, Congress reinstated the IRA Charitable Rollover for the remainder of 2014. This means that donors age 70 1/2 and older can make a qualified distribution of $100,000 from their IRA through December 31, 2014. This distribution will not be treated as taxable income for 2014.

For eligible tax years, a direct transfer from your IRA to The Cleveland Orchestra can be a great way to make a tax-wise gift.

Please contact Elizabeth Arnett, Manager of Individual and Leadership Giving, for information on how you can make a direct transfer from your IRA to The Cleveland Orchestra.

Phone: 216-231-7522


Or, provide your financial advisor/institution with the following information:

  • Make checks payable to:

                 Musical Arts Association
                 11001 Euclid Avenue
                 Cleveland, OH 44106

  • Musical Arts Association Federal Tax ID Number: 34-0714468

Notify Elizabeth Arnett with the following information:

  • Individual Retirement Account Number
  • Amount of donation
  • The fund to which the donation should be applied (ex: 2014-15 Annual Fund)
  • Contact information for desired recipient of acknowledgment

Please consult with your financial advisor to determine your best gift option.

A qualified transfer will count toward your required minimum distribution and be excluded from your gross income. 

To qualify for these benefits:

  • Your gift must be made directly from your IRA to The Cleveland Orchestra.
  • You must be 70-and-one-half years old or older at the time of the gift.
  • You may transfer up to a total of $100,000.
  • The gift must be outright and cannot be used to create a gift annuity or charitable trust.