Resources
Contact Gift Planning
Bequest Language
Disclaimer
Gift Agreements
Glossary
Personalized Gift Calculation
1-800-558-8311
IU Foundation
Post Office Box 500
Bloomington, IN 47402
IRA "Rollover" Keeps on Rolling
The Emergency Economic Stabilization Act of 2008 has been extended until the end of 2009. If you are 70½ or older, you can use your IRA funds to make charitable gifts without it counting as a tax distribution.
The Charitable Remainder Unitrust
How Does It Work
- Create trust agreement outlining terms of the trust
- Transfer cash or other property to trustee
- Trustee invests and manages trust assets
- Trustee makes payments to income beneficiaries
- Remainder to Indiana University for purposes you specify
Benefits
- Income to one or more beneficiaries that will vary annually with the value of the trust
- Federal income-tax deduction for the charitable remainder value of your gift
- No capital-gain tax when trust property is sold
- Trust remainder will provide generous support for Indiana University
