IRA Charitable Rollover

You can support KGOU through your IRA distribution!

Individual Retirement Account holders age 70 ½ or older may transfer up to $100,000 annually from their IRA directly to charity without first having to recognize the distribution as income.

If you’re 70 ½ or older, this type of gift would be free of Federal income tax and qualify for your required minimum distribution (RMD), up to a maximum amount of $100,000.

The rollover lowers your taxable income, lowers your taxes…and provides vital support to KGOU.

When discussing your plans this year with your financial professional, consider making KGOU/University of Oklahoma a beneficiary of your IRA rollover.

IRA gifts must be received by December 31 to qualify for the current tax year.

Contact Development Director Jolly Brown at (405) 325-1601 or development@kgou.org for more information.

Distributions may be made to:

KGOU/OU Foundation
860 Van Vleet Oval
Norman, OK 73019

EIN: 73-6091755

To understand the full implications and benefits of such a gift, we encourage you to contact your tax or financial advisor to discuss your particular situation. To make a gift, we suggest you initially contact your IRA administrator.