As summer turns into fall and the year winds toward its end, it is a good time to think of year-end plans. Congress has provided TWO important charitable giving incentives that can help provide support for favorite charities, including The Marshall University Foundation, Inc. while also saving taxes! It is a classic win-win scenario. Incentive One: IRA Charitable Rollover For those aged 70½ or older, it is possible to transfer up to $100,000 each year directly from IRA accounts to The Marshall University Foundation, Inc. These gifts count towards the minimum required distribution (MRD) from an IRA and ARE NOT reported as income on the income tax return (however, there is not an income tax charitable deduction for the gift). So those who have put off taking an MRD this year, may consider using it to make a charitable gift. Incentive Two: Gifts of Appreciated Stock Appreciated stock or mutual funds may be donated to The Marshall University Foundation, Inc. prior to year-end. An income tax charitable deduction is available for the value of the stock on the day it is received by the Foundation, and any capital gains tax that would have been due had the stock been sold would be avoided. The tax savings can be much larger than from a gift of cash. Supporters of Marshall University have taken advantage of the IRA Charitable Rollover and Gifts of Appreciated Stock to make an impact on the university and its students. IRA Charitable Rollovers and Gifts of Appreciated Stock have supported facilities, programs, scholarships, disaster relief funds and unrestricted support for the university. For more information on these giving options, including sample letters to request IRA Charitable Rollovers visit the Foundation webpage under Planned Giving. Or, please call us at 304.696.3388. We thank you for your generosity, and for all you do for Marshall University. Year-End Charitable Giving Incentives NON-PROFIT US POSTAGE PAID HUNTINGTON, WV PERMIT 206 RETURN SERVICE REQUESTED ONE JOHN MARSHALL DRIVE HUNTINGTON, WV 25755-6021