‘Tis the Season — For Good Stewardship – Asbury University
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December 6, 2016

WILMORE, Ky. — As 2016 draws to a close, and with the stock market at all-time highs, Asbury University’s donors have great opportunities to support “Ignited: The Campaign for Asbury University.” Thanks to the IRS’s favorable tax treatment, donors can maximize the impact of their year-end philanthropy by gifting appreciated securities or initiating a rollover from their IRA.

Learn more about giving appreciated securities and IRA charitable rollovers.

When donors give appreciated securities to a non-profit institution like Asbury, they can avoid paying capital gains taxes on the increased value of the security in addition to receiving a charitable income tax deduction for the full market value of the security.

Additionally, donors who own an IRA and who are older than 70½ can take advantage of rollover incentives. Donors can transfer up to $100,000 from their IRA to Asbury without claiming increased income or paying additional tax. IRA rollovers also lower donors’ taxable income, which can offer significant tax benefits. To take advantage of IRA transfers for 2016, transfers need to be complete by December 31, 2016.

To discuss gift options, contact Asbury’s Planned Giving Office at (859) 858-3511, ext. 2707, or email plannedgiving@asbury.edu.

“These incentives provide an outstanding opportunity to practice good stewardship,” said Charlie Shepard ’99, vice president for Institutional Advancement at Asbury. “We can’t know what the future will bring, but we do know that the current environment is highly advantageous for these types of gifts, and we encourage donors to talk to their financial advisors about how they can be the best stewards of their resources.”

To learn more about “Ignited: The Campaign for Asbury University,” visit: asbury.edu/Ignited.