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.

TAGS: Charitable IRA rollover

About the author

Gift Planning

giftplanning@duke.edu

Duke University’s Office of Gift Planning specializes in charitable gift planning for estates, charitable trusts and annuities, and other complex current and future gift plans.

For more information, please contact the Duke University Office of Gift Planning at 919-681-0464 or giftplanning@duke.edu.