Make a Gift From My IRA
Search IRA Rollover Custodians:
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Notify us of your IRA charitable rollover
If you check the box in this area, a module will open where you can enter your name and email to notify us of your IRA Rollover gift.
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Thank you for considering an IRA charitable rollover gift to us. The website link will take you to your IRA custodian's website, where you may be able to log in and make a gift to Fayetteville State University. Another option is to use the phone number to call your IRA custodian. They will assist you in making an IRA charitable rollover gift. If you would like to notify us of your generous IRA charitable rollover, please complete the Notify us of your IRA charitable rollover section. Please note this is a time sensitive transaction. If the IRA charitable rollover is intended to satisfy your required minimum distribution for the current year, verify with your custodian that this transaction will be completed prior to December 31. If the transaction is not completed prior to December 31, you may be subject to penalties if you have not satisfied your required minimum distribution. |
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| Thank you for considering a IRA gift to us. A sample letter is available to send to your DAF provider. You may save and print the PDF of your letter. If you have email contact information for your DAF provider, you may send a PDF copy of your DAF letter or you may copy and paste the text into an email. You will need to enter the amount of your recommended grant and your DAF account number on the letter before mailing. If you would like to notify us of your generous gift, please complete the Notify us of your DAF Gift section. | ||||||
Thank you for considering an IRA Rollover Charitable Gift to FSU in Support of Our Students' Success!
You may be looking for a way to make a big difference to help further our mission. If you are 70½ or older you may also We have provided information to assist you in making this important decision. We recommend discussing decisions related to your finances, investments, and charitable giving with a financial or legal professional.
What is an IRA Charitable Rollover?
In 2015 the U.S. Congress enacted a permanent extension of the IRA Charitable Rollover Provision. This enables IRA owners to use their IRA accounts to make charitable gifts that provide the giver with tax savings and income protection,
Tax Benefits
- Rolling over a portion or all your required minimum distribution to charity reduces your taxable income in 2017.
- IRA rollover gifts can be made over and above normal cash gift limit (50 percent of adjusted gross income).
Benefits To FSU Students - Your gift allows deserving high school seniors and adult learners to begin or continue their educational journey at Fayetteville State. Many of our students depend on financial assistance to enter college and stay in school to graduate. Scholarships make a huge impact on our students' success.
Criteria:
- Age requirement is 70.5 and older to receive federal income tax benefit from IRA charitable rollover gift;
- Gift must be made to a qualifying public charity such as Fayetteville State University to qualify as the giver's required minimum distribution;
- Maximum amount that can be donated through a qualified charitable distribution (QCD) is $105,000 per year per IRA owner;
- Funds must be directly transferred from the giver's IRA custodian to Fayetteville State University;
- Charitable Rollover Gifts can only be made from a IRA. Gifts from a 401 (k), 403 (b) and 457 plans are not permitted.
- Contact your IRA custodian for directions on completing your IRA rollover transfer.
- Contact FSU Director of Development and Gift Planning, Gary Melchiorre, to report your gift to Fayetteville State University. Our Advancement staff will assist you to fulfill your gift wishes. Campus Direct line: 910-672-2279 Email [email protected]
- Direct your IRA Charitable Rollover Gift to the following address: Fayetteville State University, Institutional Advancement, 1200 Murchison Road, Fayetteville, NC 28301.
- Visit FSU's Legacy Gift website at fsulegacy.org for additional information on giving strategies.
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