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Make a

lasting investment

in our future

  • Support a cause that's important to you with a planned gift
  • Put your assets to work with our tax-efficient charitable strategies
  • Take advantage of the many tax benefits of making a gift
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IRA charitable rollover

You may be looking for a way to make a big difference and support VCU. If you are 70½ or older you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can support VCU and benefit every year you do.

IRA Charitable Rollover
IRA (Custodian)
VCU
Charity image

Benefits of an IRA charitable rollover

  • Avoid taxes on transfers of up to $100,000 from your IRA to VCU*
  • Satisfy your required minimum distribution (RMD) of up to $100,000 for the year
  • Reduce your taxable income, even if you do not itemize deductions
  • Make a gift that is not subject to the 50% deduction limits on charitable gifts
  • Support something that is important to you at VCU

How an IRA charitable rollover gift works

  1. Contact your IRA plan administrator to make a gift from your IRA directly to VCU.
  2. Your IRA funds are directly transferred to VCU* to support an area that is important to you.
  3. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction because they are not included in your income.
  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.

*Or an affiliated foundation for the benefit of VCU.

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