How It Works
- Contact your IRA administrator to initiate the tax-free transfer.
- Donors can give up to $105,000 annually for an individual (or $210,000 for spouses with separate accounts).
Benefits
- Gifts count toward the required minimum distribution for donors aged 73 and older.
- Withdrawals for qualified charitable deductions are not subject to income tax or annual charitable deduction limitations.
- IRA gifts may be used to fulfill multiyear gift pledges.
- IRA gifts may also be used—up to $53,000 for a single donor—to fund a charitable gift annuity.
- Your gift can be used to support any School or initiative or to create an endowed scholarship or another permanent fund—contact us to discuss details!