Giving to PLNU through Your IRA Rollover
Date:
Thursday, November 3, 2011
Did you know that you can make an IRA charitable rollover gift that qualifies for your 2011 required minimum distribution?
If you are 70 1/2 or older and plan to give to Point Loma Nazarene University, you are now able to make a tax-free gift by transferring up to $100,000 directly from your IRA to PLNU. The transfer qualifies for the required minimum distribution and would not count as taxable income. This IRA rollover provision is set to expire on December 31, 2011.
How to Make A Gift to PLNU
Contact your IRA custodian to transfer your desired gift amount to Point Loma Nazarene University, a charitable organization in San Diego, CA, Tax ID# 95-1644035. It is wise to consult tax professionals if you are contemplating a gift.
- IRA Rollover Transfer Instructions - PDF Download
If you need assistance, please feel free to call the PLNU Office of University Advancement at (619) 849-2302.
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