Gifts Beyond Your CheckbookIRA Charitable Rollover (QCD)

Now is the Time to Make a Lasting Impact

Create the possibility to shape and advance a UIndy student's future by seeing your generosity in action. If you have an IRA and are 70½ or older, you may donate tax-free from your IRA in direct support of student scholarships as well as other university initiatives.

Benefits of an IRA Qualified Charitable Distribution

• Allows individuals 70½ and older to transfer up to $105,000 annually from an IRA directly to a qualified charity
• Satisfy your required minimum distribution (RMD) for the year
• Reduce your taxable income, even if you do not itemize deductions
• You pay no taxes on the transfer
• Your gift to the University of Indianapolis will make a meaningful impact upon the lives of our students

How an IRA Qualified Charitable Distribution Gift Works

1. Reach out to your IRA plan administrator or account custodian to make a gift from your IRA to UIndy. Your IRA funds will be directly transferred to the University of Indianapolis to help continue our important work.
2. You may designate your gift for a specific purpose. Please contact us to discuss your options.
3. To benefit this year, make your Qualified Charitable Distribution (QCD) gift before December 31st.

Next Steps:

1. Contact UIndy's Office of Gift Planning at 317-791-2553 or [email protected] for additional information on making a gift from your IRA or to speak with Darcy about which life income gift is right for you.
2. Seek the advice of your financial or legal advisor.

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