Tax Free Gift from your IRA to Sigma Tau Scholarships

Help Undergraduate Fijis with Tax-Free gifts from your IRA

If you're looking for the most tax-effective gift to make to the Sigma Tau Scholarship Fund, be aware that Congress recently extended a law that allows individuals older than 70 1/2 to make tax-free gifts using money transferred directly from your IRA.  You can transfer any amount up to $100,000 through the end of 2011.


How this benefits you?

• The gift generates neither taxable income nore a tax deduction, so you don't have to itemize to take advantage of this opportunity. 

• The transfer may count against your unsatisfied "required minimum distribution" from your IRA

• You can help worthy undergraduates to afford the increased tuition at University of Washington

You may make your check payable to:  Sigma Tau Educational Foundation and send it to:

Roger Collins  '79
c/o Sierra Construction Co., Inc.
19900 144th Ave NE
Woodinville, WA 98072

You can also make a contribution to the Educational Foundation at www.FijiSeattle.com  

NOTE:  The legislation does not permit direct transfers to charitable trusts, donor advised funds, charitable gift annuities, or supporting organizations.  In addition, this opportunity applies only to IRAs and not other types of retirement plans.