Use your IRA now to fund a gift annuity and support UMW in the future If you are 70½ or older, you have an opportunity this year to transfer up to $53,000 from your traditional IRA to fund a charitable gift annuity. This giving option allows you to satisfy a portion of your required minimum […]
Scholarship offers essential support to French and international business major As a child, Hadley Mantia began learning simple French phrases from her grandmother, a long-time French teacher in Kentucky. “I just loved hearing my dad’s mom speak the language,” says Hadley. “I thought it was the coolest thing on the planet.” Hadley enhanced her vocabulary […]
In this issue: Meet scholarship recipient Adelaide “Ada” Gill ’26. Ada is majoring in chemistry and participating in campus activities while exploring her career options. Learn about a new scholarship for students interested in, but not majoring in, theatre. This scholarship is being funded by Heritage Society members Daniel and Diana Hamilton Cowell ’66. Discover […]
Put your intentions in writing If you are considering a bequest to the University of Mary Washington Foundation (Taxpayer Identification Number: 54-0169627), please include the following language: “I hereby give and bequeath the specific amount of $________ (or ____ percent of my estate) unto the University of Mary Washington Foundation, Inc., 1119 Hanover Street, Fredericksburg, […]
Plan now to optimize charitable giving and reduce taxes Fall is the season when retirees with IRAs are considering how to manage required minimum distributions (RMDs). This age-related requirement means you have to take a distribution, even if you would prefer not to withdraw money, even if the economy has not been kind to your […]
