How this gift works
- You confirm with your IRA administrator that the account is a traditional IRA rather than a workplace retirement plan.
- You instruct the administrator in writing to transfer a set amount directly to William Jewell College. The funds must never pass through your own account.
- You ask that your name and address travel with the check or transfer so the gift can be credited to you.
- You tell William Jewell College the distribution is on its way, and allow time before year end for it to be received and clear.
Potential benefits
- Keep the Distribution Out of Your Taxable Income
- Use a Gift to Meet a Distribution You Have to Take Anyway
- Benefit Whether or Not You Itemize
- Give From the Account That Is Taxed Hardest
Your next steps
-
Check That Your Account Qualifies
The gift must come from an eligible IRA: a traditional IRA, an inherited IRA, or an inactive SEP or SIMPLE IRA. Eligible funds in a 401(k), 403(b), or active SEP or SIMPLE plan generally must be rolled into an IRA first, subject to your plan's rules.
-
Ask Your Administrator for a Qualified Charitable Distribution
Request a qualified charitable distribution payable directly to William Jewell College, with your name and address included with the payment. Our EIN and mailing address are listed at the bottom of this page. Many administrators have a simple online form.
-
Tell Us It Is Coming
Let William Jewell College know the amount and your administrator's name, so we can identify your gift, thank you, and send your acknowledgment.
Planning details online
For technical information and additional planning considerations on the complete gift-plan page:
Read the fine print
jewell.planyourgift.org/gift-plans/ira-charitable-rollover