IRA charitable rollover gifts
Thank you for your interest in supporting Loyola University Chicago through an IRA Qualified Charitable Distribution.
If you own an Individual Retirement Account (IRA) and are over the age of 70 ½, you can donate a total of up to $100,000 per year to charitable organizations like Loyola University of Chicago and receive tax benefits regardless of whether you itemize deductions on your income tax returns. You can direct your gift to provide scholarship or program support. It is important to work with your retirement fund custodian to make sure that the Qualified Charitable Distribution transfers directly to Loyola.
Please use this IRA Qualified Charitable Distribution Information sheet as a guide to request that your IRA custodian send your distribution directly to us. Contact our Office of Gift Planning for more information at 312-915-6804 or toll free at 1-800-424-1513.