Skip To Main Content

Search trigger

Close trigger

Breadcrumb

Sticky Banner

Mobile Banner Container

Search trigger

IRA Charitable Rollover

Reduce your taxes, increase your impact: the impact of an IRA Charitable Rollover at La Salle

If you are 70½ years of age or older and have a traditional individual retirement account (IRA), you can make an immediate impact at La Salle College High School with an IRA Charitable Rollover Gift. Owners of traditional IRAs have the opportunity to make qualified charitable distributions of up to $100,000 in the calendar year.
 
With an IRA Charitable Rollover, you can:

  • Make a gift to La Salle College High School directly from your IRA.
  • Satisfy all or part of your annual required minimum distribution (RMD) from your IRA, and exclude part or all of that distribution from your Federal taxable gross income.
  • Impact today’s Explorers by renewing or increasing your annual gift through your IRA Charitable Rollover.

For your gift to qualify:

  • You must be 70½ years of age or older at the time of your gift.
  • The transfer must be made from your IRA directly to La Salle College High School.
  • Your total annual IRA Charitable IRA Charitable Rollover gift(s) cannot exceed $100,000 in the calendar year of the gift(s).
  • Your gift must be outright. Gifts from an IRA to donor-advised funds or life-income vehicles such as charitable gift annuities or charitable remainder trusts do not qualify as IRA Charitable Rollover gifts.

Making your gift is easy! Before December 31:

  • Contact your IRA custodian.
  • Ask that your distribution or a portion of your distribution be a charitable rollover to La Salle College High School.
  • To ensure prompt and accurate credit for your gift, please ask them to include your name, address, and how you would like your gift allocated after the transfer.

 

Distributions can be mailed to:

La Salle College High School
Attn: Office of Institutional Advancement
8605 Cheltenham Ave.
Wyndmoor, PA 19038

For instructions and account numbers for stock/securities or cash wire transfers, questions about an IRA charitable rollover, or ways to make La Salle College High School a beneficiary of your IRA through a bequest, please contact allisonj@lschs.org or (215) 402-4813.

Visit www.lschs.org/support for more ways to support La Salle College High School.