Schepens Eye Research Institute - Click to return to home page

Limited Time Incentives for Charitable Gifts from IRAs

However, this provision is only available for IRA distributions that are completed by December 31, 2007.

The new law may be most beneficial to donors who:

  • Do not itemize their deductions and wish to make a charitable gift below the standard deduction amount

  • Are forced to reduce their itemized deductions because their Adjusted Gross Income is too high

  • Make gifts that are capped by the ceiling of 50% of Adjusted Gross Income on charitable deductions

  • Live in states that do not offer a state charitable deduction

  • Are required to take minimum withdrawals from their IRA, but don’t need the additional income

If you would like more information about how you can make a gift to Schepens from your IRA, please contact the Development Office at (877) 724-3736.