If interested in making a 2008 gift from an IRA, you should
contact your IRA trustee or custodian as soon as possible.
Transfers must be completed by December 31, 2008.
Only the IRA trustee can transfer the gift amounts to St.
John’s. It must be a direct transfer from the financial institution
to St. John’s. Otherwise, if you withdraw the funds and contribute
to St. John’s separately, the amounts withdrawn will be included in
your gross income.
Distribution checks should be issued to St. John’s University,
not to the account owner, with notification to the charity. Please
download these forms which will assist you in communicating the
information to St. John’s and to your financial institution:
Sample
Letter to St. John's University
Sample
Letter to your financial institution