Giving from the USA: Individual Retirement Account

IRAs can be made much more tax efficient by naming the BSUF as a beneficiary with an expression of preference for the University of Leicester. This relieves the Estate of (a) the Distribution and Income Taxes which are levied by most State governments; and (b) of part of the regular Estate tax.

Those over age 70½ may find it advantageous to have contributions made from their IRA directly to a charity without paying taxes on the amount withdrawn. The rules are complex, and individuals should consult their own professional advisers for guidance.

To contact BSUF regarding an IRA, please email