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 rollovers

About the author

Brandy Chieco

Brandy oversees marketing and communications, events and special initiatives for the Office of Gift Planning. She works closely with donors who are featured in Duke Magazine, the Blueprints blog and other publications. She also works closely with development teams, schools and alumni volunteers as part of our comprehensive reunion efforts. Prior to joining the team, Brandy worked in marketing, human resources and banking. She received her B.A. degree in English from the University of North Carolina at Greensboro. When she is not in the office, Brandy enjoys local theatre, exploring the diverse Durham food scene and spending quality time with her husband and son.