IRA Charitable Rollover

Overview
Brick Campaign
IRA Gifts
Matching Gifts
Recognition Societies
Named Endowments

Reduce your taxable income by making an IRA charitable rollover gift to the EWU Foundation.

For questions or to explore more tax-wise charitable giving options, please contact the EWU Office of Gift Planning: 509.359.6703, csusemie@ewu.edu or visit www.ewulegacy.org.

EWU Foundation Federal Tax ID #: 91-1019819

How it Works

How it Works

Charitable distributions from IRAs may be transferred directly from a traditional IRA to a public charity (such as EWU Foundation) with the following stipulations:

  • Donor must be 70 ½ or older to make a Qualified Charitable Distribution (QCD) to a pubic charity (EWU Foundation).
  • Donor must be 73 or older to direct their required minimum distribution (RMD) to charity (EWU Foundation). Note: The SECURE Act increased the age for RMD distribution to 73.
  • Charitable distributions are limited to $100,000 per taxpayer per year.
  • Distribution must be made payable to charity (EWU Foundation) by December 31 of the applicable tax year.
  • Charitable rollover gifts may fulfill a pledge to the EWU Foundation.
  • No goods, services or benefits may be provided for charitable rollover gifts.

Get Started

Contact your IRA plan administrator

Contact your IRA plan administrator

Request either a QCD (if 70 ½ or older) or RMD (if 72 or older) be made directly to EWU Foundation by December 31 of the applicable tax year.

Request check

Request check

Request a check payable to EWU Foundation. Mail to: EWU Foundation, 102 Hargreaves Hall, 616 Study Ln, Cheney, WA 99004. Enclosed documentation should include the type of distribution (QCD or RMD) and your name as the donor making this charitable gift.

Notify the EWU Foundation

Notify the EWU Foundation

Notify us of your expected gift to ensure your IRA charitable rollover gift is properly receipted and directed to the fund of your choosing at EWU (e.g., specific scholarship fund, program, etc.).

Contact

  • John Drexel, Director of Advancement Services, 509.359.6890, jdrexel1@ewu.edu
  • Courtney Susemiehl, Senior Director of Gift Planning, 509.359.6703, csusemie@ewu.edu
Please consult your financial advisor to determine whether an IRA charitable rollover gift is the best option for your situation.

EWU Foundation

102 Hargreaves Hall
616 Study Lane
Cheney, WA 99004

509.359.6252

More Info

All gifts to EWU Foundation are tax-deductible to the full extent allowable by law. Always consult your tax advisor for advice and possible tax benefits.

*An Advancement Fee of up to 5% will apply to your donation. This fee provides essential operational support for the EWU Foundation. Please visit Foundation Fees Policy for more information.

EWU Foundation Logo