IRA Charitable Rollover

You can support KGOU through your IRA distribution!

Individual Retirement Account holders age 73 or older may transfer up to $111,000 annually from their IRA directly to charity without first having to recognize the distribution as income.

If you’re 73 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 $111,000.

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.