You know better than to sow seeds on the walking path, or on rocky ground, or among thorns. You look for the rich soil. That’s Ancilla College. Please give now.
For almost a century, Ancilla College has worked hand-in-hand and side-by-side the Poor Handmaids of Jesus Christ to teach men and women to pursue their educational dreams.
In just the last 10 years, your gifts have helped Ancilla College students earn 890 associate degrees: nurses, teachers, entrepreneurs and law enforcement professionals — who would not have been able to afford a high-quality education without your support. Even with our fair cost, the lowest private tuition in Indiana, the majority of Ancilla College students depend on scholarships, grants and awards to make higher education possible. If you have already made a recent or year-end gift to Ancilla, we thank you! You are making a difference in the lives of our students. You may wish to forward this blog to a family member, friend or co-worker and invite them to consider making a year-end gift. Please give.
*Special tax-free IRA gifts
For those aged 70½ or older, it is once again possible to make tax-favored charitable gifts from traditional and Roth IRA accounts.
On Dec. 18, President Obama signed into law legislation retroactively extending the charitable IRA rollover for 2015 and makes this provision permanent for future years. A total of up to $100,000 can be transferred directly from traditional or Roth IRAs to Ancilla College free from federal income tax each year. There may also be state income tax savings. Amounts given in this way count toward required IRA minimum withdrawal amounts for the year of the gift.
To make such gifts, it is important to not withdraw funds prior to a gift, but have the gift amount distributed directly from an IRA to one or more qualified charities. For those with check writing privileges on their accounts, this may be the most efficient way to make gifts directly from an IRA.
Check with us, your IRA administrator or your tax adviser for more information.
Contact Vice President of Development Todd Zeltwanger for more information at (574)936.8898 x 345 or Development and Alumni Relations Manager Emily Hutsell at x 355.