Have you thought of having your IRA lend money to your father? If so know that this is a prohibited transaction.
In 2013, a woman attempted to roll over her IRA assets into a new retirement account (probably a self-directed IRA).
The assets of the IRA consisted of cash and two promissory notes, one of which was received in exchange for a $40,000 loan made by the IRA to the woman’s father in 2005.
On audit, IRS claimed that the woman had a taxable payout from a failed rollover.
But the loan to the dad was a prohibited transaction that terminated the IRA in 2005, so there couldn’t have been a taxable IRA payout in 2013
Marks, TC Memo. 2018-49