IRA Charitable Rollover

IRA Charitable Giving

Who ignites a student's faith?

You do.

“Every student, employee, and alumnus of Briar Cliff University carries the teachings of this simple, humble, saint from Assisi in their souls, from their actions, words, and general thoughtfulness I can feel the gentle touch of God.” Grace McElroy, alumnae.

Who influences the moral compass of the next generation?

You do.

“At Briar Cliff, I grew in ways I would’ve never imagined. I discovered who I am and what my true potential is. At the heart of my BCU experience are the Franciscan values incorporated into our daily lives, teaching what matters most. My success is not measured by what I have or don’t have, but by personal strength and depth of character. No matter where I go or what I do, my journey will bear this definition of success as demonstrated in my Briar Cliff education.” Jenna Ritcher, alumnae.

This is the chance to change someone’s life. Will you help us?

Consider a gift from your IRA this year.

Give a gift that matters.

At BCU, we enroll over 1,300 students. Each student is on a journey, a journey that begins with an affordable education. Your donation helps make their aspirations a reality. Make a charitable rollover with your IRA to fund a Briar Cliff student’s dream. It’s a tax-free way to make a charitable gift.

What is an IRA?

An Individual Retirement Account is an account set aside with funds to be used after reitrement.

Why should I have one?

Many financial institutions that offer IRAs provide tax advantages for people who have them.

IRA Charitable Rollovers Explained

The Protecting Americans from Tax Hikes (PATH) Act of 2015, which was passed by Congress and signed into law by the President on December 18, 2015, made permanent what is popularly known as the Individual Retirement Account (IRA) charitable rollover. This means that charitably- minded taxpayers age 70 ½ or older can transfer up to $100,000
annually from their IRA accounts directly to a charity without first having to recognize the distribution as income.

Simply put, you can use your IRA to transfer up to $100,000 each year to a charity without being taxed.

Consider a Gift to Briar Cliff for your IRA

A gift to Briar Cliff fuels the dreams of our students. With your support, we can develop the next generation of teachers who share the Catholic Franciscan values we hold dear, cultivate health care professionals with unprecedented compassion, foster faculty who inspire learners and shape business executives with a commitment to volunteerism. Your gift to Briar Cliff is not only an investment to a Briar Cliff education, but also an investment in the future of our world.

Ask Yourself
  • Do you want to change a student's life?
  • Does your IRA constitute the largest share of your available assets?
  • Are you required to take an annual minimal distribution from your IRA?
Do You Qualify to Make an IRA Charitable Rollover?
  • Are you 70 1/2 years or older?
  • Will your gift be made directly from your IRA to Briar Cliff University? (Gifts from 401(k), 403(b) and 457 are not permitted.)
  • Will your gift total less than $100,000 per taxpayer for the year?
  • Will you gift be outright? Meaning you will not receive any material benefits in return. (Transfering gifts for annuity, charitable remainder trust, and pooled income fund is not permitted.)


How Can Your Gift Change Someone's Life?
  • Area of Greatest Need: You can choose to donate to the ever-changing needs of Briar Cliff University students. The area of impact ensures that the University is able to respond and meet the students exactly where they are.
  • Endowed Scholarship: You can establish a scholarship that will help a student who is struggling financially but has the ambition to continue to chase his/her dream.
  • Endowment for a field of interest: You can restrict your gift for a specific area or department that shares your passion, such as the arts, sciences, mission work, athletics, etc.

If you answered yes to any of these questions, you are ready to complete your IRA charitable rollover and change the life of a student at Briar Cliff University!

The qualified distribution described above applies to a traditional IRA. Distributions from employer-sponsored retirement plans, including simple IRA plans and simplified employee pension (SEP) plans, are not eligible for the tax-free rollover. The gift is not included in taxable income, and no charitable deduction is allowed.


For more information on making a difference, call us at 712-279-5300.