IRA Charitable Rollover The IRA Charitable Rollover act has been made permanent!Individuals age 70 1/2 or older can make a rollover gift of up to $111,000 from their IRA to qualified charities such as Wilson CollegeBenefits of an IRA Charitable Rollover:Avoid taxes on transfers of up to $111,000 from your IRA to Wilson CollegeSatisfy your required minimum distribution (RMD) for the yearReduce your taxable income, even if you do not itemize deductionsHelp further the work and mission of Wilson College*This is not intended to be legal or tax advice. We encourage you to consult your own legal or tax advisor. How an IRA Charitable Rollover gift works:Contact your IRA plan administrator to make a gift (check payable to Wilson College) directly from your IRA to Wilson College. Wilson College's Tax ID is 23-1352692.Your IRA funds will be transferred to Wilson College to help continue our important workPlease note that IRA charitable rollover gifts do not qualify for a charitable deductionContact us if you plan on making a gift this way so we can ensure proper designationClick here to download a sample letter for your IRA plan administratorFor questions about making an IRA Charitable Rollover gift, please contact the Office of Institutional Advancement at 717-262-2010 or advancement@wilson.edu.
