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IRA Charitable Rollover

You may be looking for a way to make a big difference to help further the mission of Illinois State University. If you are 70½ or older, an IRA charitable rollover is a way you can help continue our work.

Flowchart: Donor directs IRA custodian to make an IRA charitable rollover gift to Illinois State University Foundation.

Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to Illinois State University Foundation
  • Make a gift that is not subject to the deduction limits on charitable gifts
  • Help further the work and mission of Illinois State University Foundation

How an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA to Illinois State University Foundation.
  2. Your IRA funds will be directly transferred to our organization to help continue our important work.
  3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.
  4. Please contact us if you wish for your gift to be used for a specific purpose.

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.

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