Charitable giving is one of the hallmarks of the holiday season. Here are a few ways to give generously and save substantial tax dollars.

GIVE APPRECIATED STOCK

A gift of publicly-traded securities could be right for you if:

  • Substantial gains in the stock market over the last 10 months make giving appreciated securities to Sigma Chi Foundation especially tax-smart this year.
  • You would receive an income tax charitable deduction equal to their full market value and avoid capital gains tax on the securities that you contribute. 

Click here for more information on publicly-traded securities.

USE YOUR IRA RETIREMENT PLAN

An IRA charitable rollover gift could be right for you if:

  • If you are 70 ½ or older, you can make a tax-free gift of up to $100,000 to Sigma Chi Foundation directly from your IRA account. 
  • Your gift is not included in taxable income from your IRA, but it does count toward your required minimum distribution.

Click here for more information on the IRA charitable rollover.

Gifts to Sigma Chi Foundation support academic scholarships and educational initiatives for our Brothers as we continue to build leaders of good character and impact lives in the face of a challenging world.

Interested in making a gift to Sigma Chi Foundation? Download our wire transfer instructions or provide your plan administrator with this sample letter to begin an IRA rollover. Already have or are considering putting Sigma Chi in your estate plans?  Please contact John Price, Director of Legacy Giving, OKLAHOMA STATE 1991, at (847) 425-4476 or john.price@sigmachi.org.