DONATIONS 

For Your Information:

On August 17, 2006, President Bush signed into law pension reform legislation that includes a package of charitable giving incentives and safeguard measures. See below for information on how these changes will affect what you can claim as a deduction for your charitable contributions and what your responsibilities are as a donor.

Note: The following information is intended to provide general guidance about the new law and is not a substitute for professional counsel. Consult your tax or legal advisor for professional guidance.

IRA Rollover: Effective immediately, taxpayers who are 70 1/2 and older may make contributions totaling up to $100,000 directly to a public charity from a traditional Individual Retirement Account or Roth IRA without having to count the donation as taxable income. Under prior law, taxpayers were required to include all withdrawals from traditional IRAs or other retirement accounts in their taxable income. Contributions to supporting organizations, donor-advised funds, and to private foundations, except in narrow circumstances, do not qualify for the new enhanced deduction. Regulations are still being developed to detail the exact procedures that banks and other institutions holding IRAs must follow in administering the contributions, as well as the substantiation that charities will need to provide donors to acknowledge receipt of the contribution.

The provision is only in effect until December 31, 2007. Interested taxpayers should consult their tax advisors for more information.

Judson College Annual Fund

Purpose: The Annual Fund helps provide Judson women an opportunity to build successful lives in an atmosphere that fosters scholastic excellence, Christian leadership, and civic, social and career achievement. The Annual Fund closes the gap between tuition income and actual costs, keeping tuition and fees economically feasible.

The Annual Fund encourages the Judson Family of alumnae and friends to participate in the giving of both large and small gifts at levels consistent with their interests. Monthly contributions are accepted and encouraged, In-Kind gifts are appreciated and needed; all gifts are essential to the continued building of the lives of successful Judson women. Gifts can be made in monthly payments, one-time payments, stocks, property, etc.

Please click the link below to make a donation
on our secure server.