You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work and benefit this year.
Certain restrictions and requirements* must be followed when making this type of gift. If you have questions, please call the Office of Gift Planning at Baylor University at 254-710-2561. Before proceeding, you should also consult with your tax advisor to discuss your situation including any impact of your state's tax laws.
*For example, the following transfers will not qualify: distributions to private foundations, to donor advised funds, for life income gifts (e.g., charitable remainder trusts), and for any purpose that entitles you to receive a benefit, such as preferred seating at athletic events or tickets to a dinner.
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.