A donor age 70 1/2 or older may donate up to $100,000 per year directly from an IRA to the “University of Georgia Foundation.” The amount donated counts towards the minimum required distribution (assuming you are required to take one).
If you are interested in learning more about opportunities for supporting the university through a planned gift, reach out today or give us a call at 706-542-8140. We’re always happy to help answer any questions you may have.
This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.