rollover provision set to expire Dec. 31
The Dec. 31 deadline is fast
approaching for alumni and friends who wish to take advantage of special
legislation passed by Congress earlier this year that makes it possible to
secure considerable tax benefits by making a gift to Berry through an IRA or
Since 2006, individuals ages 70½ and
older have been able to rollover up to $100,000 per taxpayer from their IRAs
directly to charity without having to claim the transferred assets as income on
their federal taxes.
This presents a tremendous opportunity
to secure important tax benefits while also building a legacy of support for
Berry students. If you are interested, please contact Helen Lansing, Berry’s
senior planned giving officer, at 877-461-0039 (toll free) or firstname.lastname@example.org.
NOTE: Donors who took
advantage of a special provision allowing for January rollover distributions
that counted toward the 2012 tax year are eligible to make a second
distribution this calendar year that applies to 2013. Contact Helen Lansing at
the phone number or email address above for more details.