Anne Hausle Ahl Madeline Ahmadidarani Tom Allen Anonymous Edwin A. Assenheimer Yvonne K. Ast Douglas N. Axman Patricia G. P. Baldwin Judith E. Battison Neal M. Belitsky Christine A. Bevilacqua Nicholas E. Billotti Paul J. Bodekor Steve and Donna Cravens Brown Douglas J. Bull Robert D. Bunnell Bruce and Marilyn Hoover Burkey Sharon Weil Campbell Jeremiah J. Casey Edward J. Cavalier Dan Colacino Kevin A. Daly Edward H. Dawson Janet M. Day Joseph A. DiLorenzo Allene Doriski David J. Fraher Margaret M. Freeman Ellen M. Gauthier Scott Gay Thomas J. Gosdeck Daniel R. Gould Jim Graves Joan Dougherty Graves Phyllis E. Griswold Andrew J. Gronski Gary R. Hartranft June Evans Harvey Susan Hastings-Bishop Jan Vogler Hawkins David R. Heath Tom Howarth Ruth E. Hyde Dr. Jeanne M. Jacobson Len F. Jankiewicz Patrick Jeffers Steven H. Katz Martin M. Keibel Stu Krieger Carol A. Kuenzig David and Diane Rowlands Kvam Byron J. Lapham Al Laporta Linda Brooks Larsen Timothy and Lois Leahy Mike and Sharyn Christo Leahy Jane Laidlaw Lyth Annette Svet Mackin Suzanne Bruzdzinski Malpocher Barbara L. Marsh Mark F. Matt Monica Maxwell-Paegle, PhD Patrick M. McCormick Mary Kathleen Held McKerlie William G. McLean
Jane Hasenauer McManus Kathy Gregory Nash Rebecca Archer Neilans Peggy Brokenshire Nelson Susan Frank Nims Linda M. Olivieri Robert H. Olsen Patricia A. Pancoe Margaret Callahan Rappleye Carol Segelken Russell Henry Savage Joanne Tulli Setzer Alan L. Shobert Linda Doell Siconolfi Laurie Silverman Smith David L. Stoloff Linda A. Stone Terence P. Sweeney Paul J. Tatar Dave Turkow Peter and Kathleen Villa Janet Hiller Watson David T. Wells Robert P. Williams Donna Martin Willome 1974 $8,845 Raised 7% Participation Anonymous William S. Baker Terry P. Baker James D. Bell Robert G. Bertram Maureen A. Browne Sylvia Bell Burke John and Bettie Wagner Burtch Elizabeth Herron Cahaney Jeff and Sue Hurley Crane Winifred Cripps Mary H. D’Aloisio Linda Dapcic-Angst James A. Davidson David C. DeFelice Joan M. Di Risio Sue Fundermark Eddy Antoine N. Elhage Deborah Thompson Elliott Michael W. Fichtner David A. Foxen Mary Keller Gaffey Carol Hinckley Gerbing Barbara Brew Herl Nancy A. Hewitt Kim R. Houserman Jan-Lauritzen Hoyt Michael Hrycelak Paul Giannone and Kathleen Huntley Maureen McCarthy Kaus Uadajane Ketcham Roberta L. Klein Teresa M. Knapp James J. Knittel Timothy J. Kreutter Kenneth W. Kuhn John J. Lawrence Mark C. Leader Bill Leavey
Jean Palmer Levitt Barbara J. Lippa Paul E. Marcero Richard J. McDougall James P. McElheny Betty Turchyn Oberst Mickey J. Orr Mark A. Palmer Paul R. Pape Preston E. Pierce Dawn R. Post Paul J. Purfield Margaret Rich Ann Mulroy Riemer Lawrence E. Rowles Bonnie Barthelman Sale Joanne Sciurba Joan C. Sitterly Michael G. Smith Alexa St Julian Jack Stewart Theodore E. Stovall Paul and Sue Mitchell Strickler Denise Le Fevre Sullivan MJ Vrooman Charles E. Wallace John W. Willits Andrea Josephs Yizar 1975 $10,421 Raised 7% Participation Carol Corcoran Achilles Cynthia Young Acklin Cathy Stempel Appleby Susan Gunwaldsen Barra Lana J. Barron Bonnie L. Bower, DDS Regina M. Boyce Wendy Kessler Bryant Vivian Zakielarz Cantor David P. Caron Cynthia Crofts Chambers Mavis Chaskin-Mott Angelina Fiorito Colavito Rick Darcangelo David M. Dinse Robert J. Dittmer Susan Manogue Donk David J. Dowd Eileen A. Doyle Denise J. Dukat David B. Farber Donald A. Golden David J. Gordon Richard D. Hall Karen E. Hirsch Daniel B. Karin Edward and Barbara Filkens King Russell E. Kohnken Kathleen A. Krebs Nancy Wohlers Lee Glenn R. Levitt Robert M. Lewis Millie Loeb and Steven Roffwarg Margie Lovett-Scott Susan Huff Maas
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Charitable IRA Legislation is Passed The charitable IRA legislation is back for a repeat performance — don’t miss this second-chance opportunity to make tax-free gifts from your IRA. When the economic stimulus package was approved last fall, it included an extension of the IRA Charitable Rollover. Retroactive to the beginning of this year, this important giving option affords individuals who meet the qualifications to make tax-free gifts to charitable organizations for both the 2008 and 2009 tax years. This is good news for individuals aged 70½ or older with individual retirement accounts. Thanks to the extended charitable IRA legislation, you can once again make outright gifts using IRA funds without tax complications. If you are required to receive minimum distributions from your IRA and you do not need the money for personal use, consider using those funds as a charitable gift. While you cannot claim a charitable deduction for the IRA gifts, you will not pay income tax on the amount.
You may contribute funds this way if: • You are 70½ or older • Your IRA gifts total $100,000 or less each year in 2008 and 2009 • You transfer funds directly from an IRA • You transfer the gifts outright to one or more public charities (This excludes gifts made to charitable trusts, donor advised funds, and supporting organizations.).
The Benefits: • In most cases, the transfer counts toward your minimum required distributions. • The gift generates neither taxable income nor a tax deduction, so even those who do not itemize their tax returns receive the benefit. • You may transfer up to $100,000 directly from your IRA in 2008 and 2009. • The distributions may be in addition to or fulfill any charitable giving you have already planned.
The Next Step: Be sure to contact your tax professional or IRA administrator if you are considering a gift under this law. Also feel free to call Brad Schreiber at (585) 395-5161 or giving@brockport.edu with any questions or to make your donation. To learn more about the charitable IRA legislation, visit http://www.brockport.edu/giving/ira_rollover.html