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MAXIMIZE your philanthropic goals

  • Make a difference in people's lives and always be remembered for your contribution.
  • Benefit yourself, your family and Rice University with your planned gift.
  • Help us fulfill Rice's mission of providing world-class education and research for years and generations to come.

Gift Planning

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Rice University

Make a Gift From My IRA

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IRA Charitable Rollover

If you are 70½ or older, you can contribute to Rice's mission this year by authorizing an IRA charitable rollover gift. An IRA charitable rollover gift is a way you can fulfill an outstanding pledge or make your annual gift tax-free (adjusted for tax-deductible contributions you may have made to your traditional IRA, if any, after age 70½).

IRA Charitable Rollover
IRA (Custodian)
Rice U
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Benefits of an IRA charitable rollover

  • Avoids taxes on transfers of up to $105,000 from your IRA to Rice.
  • Satisfies your required minimum distribution for the year (if you have one).
  • Reduces your taxable income, even if you do not itemize deductions.
  • Makes a gift that is not subject to the deduction limits on charitable gifts.
  • Helps further the work and mission of Rice University, while saving other tax-favored, non-retirement assets to pass to beneficiaries.

How an IRA charitable rollover gift works

Once you've contacted your IRA plan administrator to make a gift from your IRA to Rice, your IRA funds will be directly transferred to the university to help continue our important work. You can also designate your gift to be used for a specific purpose. Please note that IRA charitable rollover gifts do not qualify for a charitable deduction. Per the Internal Revenue Code, to qualify for tax-free treatment, you may not receive any goods or services (for example, parking, gala tickets, improved seating, etc.) in return for your IRA distribution.

Please let us know to expect the distribution and provide us with the name of your IRA provider, the amount of your gift and its intended purpose by contacting Stephanie Dugan at 713-348-4624 or [email protected].

Instruct your IRA's provider to send a distribution directly to:

Rice University
Development and Alumni Relations - MS 81
Attn: Stephanie Dugan
P.O. Box 1892
Houston, Texas, 77251-1892

Contact us

If you have any questions about an IRA charitable rollover gift, please contact us. We would be happy to assist you and answer any questions you might have.

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