An owner of an IRA who is at least 70 1/2 years old may make distributions directly from his or her IRA to 501(c)(3) designated tax-exempt organizations. Magdalene's is such an organization. The distribution may be used toward meeting any Required Minimum Distributions and will not be considered taxable income. Contact us for more information. Of course, all donors should consult their tax and/or financial advisor regarding any specifics relating to their personal tax situation.