Give From Your IRA

Make a Direct Gift

If you are age 70 and a half or older, you can make a tax-free gift directly from your IRA to the Boise State University Foundation. This type of gift, called a Qualified Charitable Distribution (QCD), is a simple way to support the causes you care about while saving on taxes.

Benefits:

• Avoid paying income tax on the amount given.
• Count it toward your Required Minimum Distribution (RMD) if you are 73 or older.
• Make an immediate difference in our mission.

How to Do It:

1. Contact your IRA administrator.
2. Request that a Qualified Charitable Distribution be sent directly to the Boise State University Foundation at 1173 W. University Dr., Boise, ID 83706. EIN #82-6010706.
3. Let us know once your gift is on the way so we can thank you and ensure it’s used exactly how you intend.

Name a Beneficiary

Another simple and tax-smart way to give is by naming the Boise State University Foundation as a beneficiary to your IRA.

Unlike individuals, charities do not pay income tax on funds received from an IRA. This means 100% of your gift can go directly toward the mission you care about — while your heirs can inherit other assets that are less heavily taxed.

Benefits:

• IRA assets left to family are typically taxed as income when withdrawn.
• IRA assets left to charity are received completely tax-free.
• You can easily make or change this gift by updating your IRA beneficiary form — no attorney needed.

How to Do It:

1. Ask your IRA provider for a Beneficiary Designation Form.
2. List the Boise State University Foundation, 1173 W. University Dr., Boise, ID 83706, EIN #82-6010706, as a full or partial beneficiary.
3. Let us know when you have named the Boise State University Foundation as a beneficiary. Your commitment inspires others and helps us plan for the future.