IRA Charitable Rollover
Support Brite and save taxes through an IRA charitable rollover
As you make your year-end giving plans, please consider making a gift to Brite Divinity School from your IRA. The IRA charitable rollover allows individuals 70 ½ or older the opportunity to make a tax-free gift from their IRA.
You may transfer up to $100,000 from your IRA directly to Brite Divinity School.
If you have not yet taken your required minimum distribution for the year, your gift can satisfy part or all of that requirement.
You pay no income tax on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your tax deductions.
Your gift must be completed by December 31st.