Individual Retirement Accounts

The Tax Relief Extension Act of 2015, which is now permanent, reinstated the ability to transfer up to $100,000 tax free from your IRA directly to Colorado College. Below are the rules:

  • You are 70 1/2 or older on the day of the gift;
  • You transfer up to $100,000 directly from your IRA to one or more qualified charities in the tax year;
  • You do not receive any goods or services in exchange for the rollover gift; and
  • You make the gift by December 2018 to qualify for this year's credit.

Contact us for sample IRA letters that you can send to your financial provider to request a charitable distribution from your IRA as well as a letter to CC notifying us of your intent and the source of your gift. Some IRA checks have no name listed, so please make sure to notify us if you are sending an IRA gift.

To wire transfer funds to Colorado College, call (800) 782-6306, option 1, for instructions. Please let us know of any transfer so we can be sure to thank you!

Plan ahead: this legislation has no expiration, so you will be able to make gifts directly from your IRA.

Visit the Gift Planning website to learn more.

If you have questions, please contact Preston Briggs at or call (719) 389-6785.

Report an issue - Last updated: 10/05/2022