If you are a donor age 70 1/2 or older, you are once again able to transfer up to $100,000 from your IRA to a qualified charity without paying income tax on that money. Recognizing issues with the late extension, Congress provided two special rules.
1) Qualified distributions on or before February 1, 2013, can be counted for the 2012 tax year.
2) A taxpayer who took a distribution from an IRA in December 2012, can make a contribution to a qualified charity before February 1, 2013, as a direct transfer.
The mission of University Advancement is to build and maintain a donor base that will make a difference in the lives of students, faculty, and staff today and for the future. This enables the university to fulfill its educational mission by augmenting current budgets and building on the university's endowments.
The University Advancement staff is here to help you support the University through a variety of ways to give. Here are some examples:
Besides having many ways to give, there are also special times or efforts for you to give to such as the Candlelight Ball, Capital Campaigns, and biannual Phonathon.
You also can give to specific efforts or areas of the University. The Woodward Library Society, APSU Foundation, Govs and Lady Govs Athletics and the General Scholarship Fund are just a few of the many ways to provide financial support to specific areas.