RedeemTV is a ministry of Christian History Institute, a 501(c)(3) tax-exempt organization
RedeemTV, a ministry of Christian History Institute (CHI), is already registered with most donor-advised funds (DAFs). To donate, simply enter our Employer Identification Number (EIN): 22-2437121. If CHI is not yet listed in your DAF, you can request to add CHI as a new charity. Here is the information you will need for setup:
Donating stocks is a smart way to increase the impact of your contribution compared to selling them and donating cash. Publicly traded stocks, mutual funds, ETFs, and bonds can all be donated to non-profits like RedeemTV.
By donating stocks directly, you avoid capital gains tax (if the stock has been owned for over a year) and still receive a tax deduction. To donate, use your broker's transfer form and direct the donation to our Charles Schwab account (#4363-8303, DTC #0164). Please notify us at donorservices@redeemtv.com so we can properly acknowledge your gift.
Why consider a charitable rollover? By using an IRA Charitable Rollover for donations, you can give more while avoiding federal income tax on the donated funds and reducing income taxed at higher rates. Meanwhile, you can cover living expenses by selling other appreciated assets, which are taxed at lower rates. This strategy also benefits your heirs since appreciated assets receive a step-up in basis, unlike IRA assets, which maintain high tax rates when inherited.
The IRA charitable rollover is also advantageous if you take the standard deduction, as it provides the tax benefits of a charitable gift without needing to itemize, allowing you to enjoy both the standard deduction and the rollover benefits.
Owners of traditional or inherited IRAs who are at least 70 1/2 years of age (on the date of distribution) are among those who may request their IRA custodian to distribute directly from their IRA to a charity in an amount up to $105,000 (for 2024 tax year) per year and exclude the contributed amount from their gross income for federal tax purposes. This amount can be counted toward your annual Required Minimum Distribution.
Charitable Gift Annuities and deferred Charitable Gift Annuities provide a fixed income stream for donors while supporting organizations like RedeemTV. We partner with the National Christian Foundation to manage these annuities. For more information contact Bill Curtis at donorservices@redeemtv.com or 484-993-6102.
Including a gift in your will or trust sets an example of generosity for your loved ones and helps sustain your favorite ministries beyond your lifetime!