Giving to Agnes Scott
Make a gift to Agnes Scott from your IRA by January 31 and
receive special tax advantages for 2012 or 2013!
NEWS: Charitable IRA Rollover
Provision is Back for 2013
Last week, Congress reestablished the
Charitable IRA Rollover tax provision for 2013. This allows individuals 70 ½
years or older to make distributions of up to $100,000 from their IRA accounts
directly to Agnes Scott College, without recognizing the distribution as
income.
And if you act now, you can still
make an IRA charitable rollover gift for 2012:
- Make a gift directly from your
IRA by January 31, 2013, and you can apply it to either your 2012 or 2013
tax filing. The funds from your IRA must
be directly transferred to Agnes Scott (rather than withdrawn and
subsequently given to Agnes Scott).
- If you took a distribution from
an IRA in December 2012, you may make a cash gift of
all or part of it by January 31, 2013, and apply it to your 2012 tax
filing.
- You
can also make an IRA Charitable Rollover gift at any time in 2013. The tax provision is effective through
December 31, 2013.
Please consult with your financial
adviser before acting upon this unique opportunity.
Take advantage of this opportunity
today and make a difference at Agnes Scott!
Charitable IRA rollovers may be used
as outright gifts or pledge payments to any fund at Agnes Scott College,
including The Fund for Agnes Scott. Distributions must be made directly from
IRA trustee/administrator to a qualifying public charity (you cannot receive
the distribution prior to making your gift.) No charitable deduction is allowed
(but the distribution is excluded from your income.)
How do you make a gift? Contact
your plan administrator to request a distribution from your IRA account to
Agnes Scott College under the Charitable IRA Rollover Provision.
Questions? Contact:
Michelle Staes, J.D., director of
capital gifts and planned giving, at 404.471.5475 or mstaes@agnesscott.edu
Lee Davis, director, The Fund for
Agnes Scott, at 404.471.5448 or ldavis@agnesscott.edu
Agnes Scott
maintains a commitment to academic excellence that reflects the joy of
learning. This commitment can be sustained only through the generosity of our
alumnae, parents and friends. Your support is essential to the college's
ability to attract talented students, recruit and retain superlative
teacher-scholars and remain one of the nation’s premier liberal arts colleges.