ACT NOW: Use your IRA required minimum distribution to make a tax-free gift to Duke
With a charitable IRA rollover, you may be able to make a tax-wise gift to Duke to support students, schools or programs that you care about most.
When you make a gift through a charitable IRA rollover, you can:
- Count the gift toward your annual IRA required minimum distribution.
- Reduce your taxable income.
- Use tax-deferred assets to support the Duke Annual Fund.
- Create or add to a permanent endowment in your name or in memory of a loved one.
IRA owners age 70 ½ or older can direct a tax-free transfer of up to $100,000 each year from their IRA to a public charity like Duke University.
Duke’s charitable planning experts in the Office of Gift Planning are available to work with you and your financial advisors to develop a gift plan that meets your personal and philanthropic goals.
For more information about charitable IRA rollovers, visit our website or contact us today.
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