Here's what you need to know:

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• You must be 70 1/2 or older to make a gift.

• The gift must be transferred directly from your IRA to the Arizona Educational Foundation.

• Your total charitable contributions from your IRA cannot exceed $100,000 per taxpayer for the year.

• You won't receive any material benefits in return for your gift.

• Gifts cannot be made to donor advised funds, supporting organizations, or private foundations.

• The gift is not taxable income, so no charitable deduction is allowed.

• Gifts must be made specifically from an IRA; transfers from other retirement plans like 401(k), 402(b), and 457 plans are not permitted.

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Ready to make a difference? Here's what to do next:

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• Contact your IRA administrator and instruct them to transfer funds directly to the Arizona Educational Foundation.

• Reach out to Catherine Sebesta at 928-699-2622 or email giving@azfoundation.org for any questions and instructions on completing your gift.