IRA Charitable Rollover
An IRA charitable rollover allows individuals 70½ and older to reduce their taxable income by making a gift directly from their IRA.
You may be looking for a way to make a big difference to help elevate Missouri State University. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue our work and benefit this year.
Benefits of an IRA charitable rollover
- Avoid taxes on transfers of up to $111,000 from your IRA to the Missouri State University Foundation
- Satisfy your required minimum distribution (RMD) for the year if you have reached the age of 73 ½ and qualify.
- Reduce your taxable income, even if you do not itemize deductions
- Make a gift that is not subject to the deduction limits on charitable gifts
- Help further the work and mission of Missouri State University Foundation
IRA charitable rollover video
How an IRA charitable rollover gift works
- Contact your IRA plan administrator to make a gift from your IRA to Missouri State University Foundation.
- Your IRA funds will be directly transferred to the Missouri State University Foundation to benefits students, faculty and programs of your choice at the university.
- Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
- Please contact us if you make this type of gift so your generosity can be directed to the area of the university that matters most to you.
Contact us
If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.
