Why do donors want to give IRA assets to charitable organizations like the Student Center?
After decades of deliberate saving and favorable investment returns, some retirees have more money in their IRAs than theyll ever need. For larger estates, a good portion of IRA wealth goes to estate taxes and income taxes of non-spousal beneficiaries; heirs may receive only 25 percent to 30 percent of IRA assets passed on to them through estates. Instead, IRA holders may choose to leave their IRAs to qualified charitable organizationschoosing charity over taxes. Which donors stand to benefit most from giving their IRAs to charity? Because charitable IRA transfers are not included in taxable income and not available for itemized charitable deductions, these special rules may benefit many different types of individuals: Financially comfortableIndividuals or couples who receive the Minimum Required Distribution from their IRAand have other forms of income to pay living expensesmay find that transferring their Minimum Required Distributions to the Nebraska Community Foundation or an affil
