Give Through Your IRA
Owners of Individual Retirement Accounts (IRAs) may begin making Qualified Charitable Deductions (QCDs) directly from their IRAs at age 70 1/2, and receive special tax advantages for QCDs when they must begin taking Required Minimum Distributions, now at age 73. From then on, a permanent tax provision allows gifts to Agnes Scott and other qualified charities made directly from your IRA to be subtracted from your Required Minimum Distributions, so the gift amount does not count as revenue on your taxes. Because this type of gift reduces your taxable income, it offers tax benefits even if you do not itemize your deductions.
Please provide the information below to your IRA administrator to make a Qualified Charitable Distribution (QCD) to Agnes Scott College. Agnes Scott will provide you with a letter recognizing your qualified charitable distribution to include in your tax filings.
Legal organization name: Agnes Scott College
Federal ID #: 58-0566116
Address:
Agnes Scott College
Office of Development
141 East College Avenue
Decatur, GA 30030-3770