Support Salem State

Gift and Estate Planning

Timely Information: Thanks to the extension of the Emergency Economic Stabilization Act of 2008, if you are at least 70-1/2 years old in 2011, you can make an outright gift of up to $100,000 from your IRA account to a qualified charity without paying any income tax on the withdrawal. This opportunity expires at the end of 2011. Taxpayers who make IRA charitable rollover gifts in January 2012 may also be eligible to count those gifts towards the 2011 tax year.

You can also give an asset to Salem State, and receive a lifetime income for yourself and any beneficiaries you name in addition to income tax and capital gains tax benefits.

To learn more about how you or a family member can take advantage of this opportunity, please contact:
Eileen M. O'Brien '01, '09G
Assistant Vice President
Alumni Affairs and Annual Giving
eobrien@salemstate.edu
978.542.7529

Michael McCarthy
Director, Major Gifts
Leadership and Major Gifts
mccarthy2@salemstate.edu
978.542.7596

Michael Randall
Director, Major Gifts
Leadership and Major Gifts
mrandall@salemstate.edu
978.542.2345