The American Taxpayer Relief Act of 2012 has had a beneficial impact on charitable giving, including gifts toward education at Calvin Theological Seminary (CTS).
The law provides an IRA rollover extension, allowing United States taxpayers over 70½ years of age to make tax-free charitable gifts from their IRAs to the seminary through the end of 2013.
In light of this, a small group of CTS friends is offering a match incentive.
Qualifying donors can give a year-end gift to the seminary through their IRA and have the donation matched dollar for dollar, up to $110,000 in total matches.
One of the donors stated, “Considering the cost of education, living expenses, and investment of time, we are honored to do all we can to assist young people as well as the seminary.”
Learn more by contacting CTS director of development Robert Knoor at 616-957-6039 or rknoor@calvinseminary.edu.
