“IRA Rollover” Gifts for Donors Aged 70½ or Older

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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 Allegheny
  2. Plan administrator makes transfer as directed to Allegheny

Benefits

  • Your gift is transferred directly to Allegheny; 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 Allegheny

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

More Information

Contact Us

Melissa Mencotti
Director of Gift Planning
814-332-6519
giftplan@allegheny.edu

 

Allegheny College
520 North Main Street
Meadville, PA 16335

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