Make a tax-wise gift through your IRA

A Qualified Charitable Distribution (QCD), sometimes called an IRA charitable rollover, allows eligible individuals to transfer funds directly from an Individual Retirement Account (IRA) to a qualified charitable organization, such as Anderson University.

Because the gift goes directly from your IRA to Anderson University, the distribution is generally excluded from your taxable income. For many donors, this can be a tax-efficient way to support the causes they care about.

You may qualify if:

• You are 70½ years of age or older.
• You have a traditional IRA.
• The gift is transferred directly from your IRA custodian to Anderson University.

• May avoid taxes on transfers from your IRA to Anderson University.
• May satisfy your Required Minimum Distribution (RMD), if one applies.
• May reduce your taxable income, even if you do not itemize deductions.
• Allows you to further the work and mission of Anderson University without using other assets.
• Can make an immediate impact on current students.

This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor. 

Making a charitable gift from an IRA is easy.

1. Contact your IRA administrator or financial institution.
2. Request a Qualified Charitable Distribution payable to Anderson University. Your IRA custodian may have a standard form* to order a charitable IRA rollover. This is information that will need to be included: 
   1. Your Individual Retirement Account #
   2. Contribution Amount
   3. Payable to Anderson University
   4. Anderson University Tax ID number: 35-0867954  
   5. Mailed to Anderson University, Attn: Office of Advancement, 1100 E. 5th St., Anderson, IN 46012
3. Let us know your gift is on the way and tell us how you’d like it designated.

*If your IRA custodian does not have a specific form, you may download this sample.