In This Issue—Summer 2025

• Spike and Judy Gummere Make Transformative $5 Million Gift
• How You Can Help Your Loved Ones and Charity by Blending Gifts
• What Are Your Financial and Charitable Priorities?
• Creating an Endowment Equivalent
• Rollover! Good IRA

Rollover! Good IRA

Direct gifts to Lake Forest College from your IRA can:

1. Be an easy way to make a gift from one of your major assets. 
2. Be excluded from your gross income: a tax-free rollover. 
3. Count toward your required minimum distribution, which begins at 73. 

For your gift to qualify:

• You must be 70½ or older at the time of your gift. 
• The transfer must go directly from your IRA to us. 
• Your total rollovers for an outright gift in any year cannot exceed $108,000 but can be done year after year. 
• Your total rollovers for a life-income gift cannot exceed $54,000 and can only be done in one tax year.