IRA Charitable Vehicles–including RMDs & Rollovers

Effectively managing your tax liabilities related to your Individual Retirement Accounts (IRAs) can be a powerful way to enhance your philanthropic legacy at Longwood University. We’re here to guide you every step of the way.

Considering Your Annual Required Minimum Distributions (RMDs)?

RMDs are a popular and effective way to fund Endowment Agreements or to make an immediate impact on Scholarships, Programs, or Athletics. To ensure we follow all IRS guidelines and direct your gift to your desired area of impact, please contact Drew Hudson at hudsonea@longwood.edu.

Benefits of an IRA Charitable Rollover:

• Avoid taxes on transfers made under current IRS guidelines
• Satisfy your Required Minimum Distribution (RMD) for the year
• Reduce taxable income, even if you do not itemize deductions
• Make a gift that is not subject to charitable deduction limits

How to Make an IRA Charitable Rollover Gift to Longwood

Contact your IRA plan administrator to request a direct transfer to Longwood University. Your IRA funds will be sent directly to us and can be designated to the area you care about most.

We would be honored to work with you to establish an Endowment Agreement, ensuring your legacy benefits Longwood students in perpetuity.

Contact us

If you have any questions about making an IRA charitable rollover gift, please contact us. We’re happy to help and work with you or your advisor to ensure your gift is made smoothly.