IRA Charitable Distribution
You may be looking for a way to make a big difference to help McPherson College students. If you are 70½ or older, an IRA charitable distribution is a way you can help continue our work and benefit this year.
IRA Charitable Distribution
IRA (Custodian)
MC
Benefits of an IRA charitable distribution
- Avoid paying income taxes on transfers of up to $100,000 from your IRA to McPherson College
- Satisfy your required minimum distribution (RMD) for the year
- Make a gift that is not subject to the deduction limits on charitable gifts
- Reduce your taxable income, even if you do not itemize deductions
- Help further the work and mission of McPherson College
How an IRA charitable distribution gift works
- Contact your IRA plan administrator to make a gift from your IRA to us.
- Your IRA funds will be directly transferred to McPherson College to help continue our important work.
- Please note that IRA charitable distribution gifts do not qualify for a charitable deduction.
- 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 distribution gift, please contact us. We would be happy to assist you and answer any questions you might have.