Once you are 70 ½ or older you may make a charitable gift to Barnard directly from your (or your spouse’s) IRA (or Roth IRA).
To make a direct IRA gift to Barnard, instruct your IRA administrator to make the distribution check payable to BARNARD COLLEGE (not to you) and send it to:
ATTN: Audra Lewton, Planned Giving
New York, NY 10027
Barnard’s Taxpayer Identification Number (TIN) is 13-1628149.
Let us know your plans! This will help us ensure that your gift is credited properly and that the appropriate acknowledgment is sent for your records. Your gift can support the annual fund or any special purpose fund at Barnard.
An IRA distribution (or rollover) to a qualified charity, like Barnard, counts toward your required minimum distribution and is not treated as taxable income. There is no income tax deduction available, as the distribution (in most cases) is being made from assets that were never taxed. It is income-tax neutral.