The VAF is qualified to accept charitable IRA rollovers from donors aged 70½ or older with qualifying IRAs. Additionally, the donor cannot receive benefits for this type of gift.
If you are sending payment directly from your IRA, according to IRS regulations, the payment must be a deductible gift in order to be eligible for QCD treatment.
Gifts where the donor receives a benefit in return, including gifts that give the donor the right to purchase tickets to home games at the University of Virginia, are not deductible per IRS Regulations Code Section 170(l). The VAF recommends that you consult your tax advisor.
To initiate, please contact your IRA administrator.