No expiration date on Charitable IRA Rollover tax benefits

Aug 4, 2016

 

In December 2015, Congress made some popular charitable giving tax incentives permanent--including the charitable IRA rollover incentive. Now donors can now plan their giving through IRA rollovers any time of the year. 

The charitable IRA rollover, or qualified charitable distribution (QCD), is a provision allowing certain donors to exclude from taxable income -- yet count toward their required minimum distribution -- certain transfers of Individual Retirement Account (IRA) assets that are made directly to public charities, including Northwest Public Radio through the WSU Foundation. Donors age 70-1/2 or older can use this popular option to support charities with tax-wise gifts of up to $100,000. Rollovers can count toward your minimum required distribution.

When you talk to your financial advisor or IRA agency to request a charitable rollover, the following information may be helpful. Charitable contributions to Northwest Public Radio are directed to

Washington State University Foundation
PO Box 641925
Pullman, WA 99164-1925

Phone: 509-335-6686 or 800-GIV-2-WSU (448-2978)
Fax: 509-335-4788

IRS Tax ID: 91-1075542
Established 1979

To ensure quick processing of your IRA contribution, simply give Northwest Public Radio and/or the WSU Foundation a note or call indicating that your Charitable IRA Rollover is to be used for Northwest Public Radio.

For more information, contact

Sandi Billings | Major Gifts Officer | Northwest Public Radio & Television
The Edward R. Murrow College of Communication at Washington State University
PO Box 642530 | Pullman, Washington 99164-2530
office: 509-335-3600 | cell: 208-310-9150
sandi.billings@wsu.edu | nwpr.org | nwptv.org