Gift Planning

“IRA Rollover” Gifts for Donors Aged 70½ or Older

Gifts from Retirement Plans During Life Age 70½+ Diagram


How It Works

  1. You are 70½ or older and instruct your plan administrator to make a direct transfer of up to $100,000 to the U of I Foundation
  2. Plan administrator makes transfer as directed to the U of I Foundation


  • Your gift is transferred directly to the U of I Foundation; since you do not receive the funds, they are not included in your gross income*
  • Your gift will count towards your minimum distribution requirement
  • You support the programs that are important to you at the U of I Foundation

*No income-tax deduction is allowed for the transfer.

Next Steps



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