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Giving Resources

2019 Year-end Charitable Giving Tips and Reminders

Many of us consider charitable gifts at year-end as part of our annual philanthropic and financial planning. We may wish to share our good fortune and make a difference while at the same time maximizing the tax benefits of our giving before the end of the calendar year.

SUNY Potsdam is pleased to share 13 tips and reminders to make your year-end giving process an enjoyable one as we approach December 31. Learn More

The Tax Cuts and Jobs Act of 2017 and Charitable Giving

The Tax Cuts and Jobs Act of 2017 (TCJA) may impact how we make gifts to charity. While some rules have changed, there are still many tax-efficient ways to support SUNY Potsdam students and programs.

Find out more about what has, and has not, changed, and how you can still support Potsdam in tax-advantaged ways. Learn More

IRA Qualified Charitable Distributions

Do you want to reduce your tax burden, while at the same time benefiting students and programs at SUNY Potsdam?

If you are 70½ or older, you can make a gift distribution directly to Potsdam from your IRA up to $100,000 each year without the distribution being included as taxable income, but allowing it to count towards the annual required minimum distribution (RMD).

Making an IRA Qualified Charitable Distribution to SUNY Potsdam is simple! Learn More

The SECURE Act and Charitable Giving

On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. The provisions of the law took effect on January 1, 2020.

For individuals who turn 70½ after December 31, 2019, the Required Minimum Distribution (RMD) age of 70½ is increased to age 72. Those who reached age 70½ on or before December 31, 2019 must start their RMDs. But while the age to begin RMDs has increased to 72, the minimum age to begin making qualified charitable distributions (QCD)* remains at 70½ for everyone. Learn More

Donor - Advised Funds (DAFs)

A donor-advised fund is a giving vehicle administered by a public charity to manage charitable donations. A donor opens an account in the fund and contributes cash, securities or other assets. The donor surrenders ownership of the donated assets, but retains certain advisory privileges which may include how the account is invested and how grants are made from the fund to charities.  Learn More