As you consider your charitable giving prior to the end of the year, remember that gifts made now could generate income tax deductions that may help reduce your tax bill for 2023. Here’s how to complete your 2023 gift to The University of Alabama School of Law by year-end.
IMPORTANT: Credit card gifts mailed to The University of Alabama School of Law must be received by Tuesday, December 19, 2023 at 12 p.m. CST in order to be processed. You may also make your gift online anytime via the UA School of Law giving website at http://give.ua.edu. If you have any questions, please call our office at (205) 348-5752.
Mailed via USPS
Mailed via Other Delivery
Gifts may be mailed to the following address:
The University of Alabama School of Law
Office of Advancement
Box 870382
Tuscaloosa, AL 35487
Online gifts via credit card
The most convenient and expedient way to ensure that your year-end gift to The University of Alabama School of Law is received on time is to make it online via the UA giving website. Please consider time zone differences when making your online contribution on December 31. You may give using any major credit card, and your receipt is automatically generated and delivered via email. Please visit UA’s online giving form to complete your gift.
Giving stock that is worth more than you paid for it may result in additional tax savings. Stock transfers initiated and received on or before the close of the market on December 29, 2023, will be credited for 2023. Please use the following information to initiate a stock transfer to the University of Alabama School of Law Foundation through Raymond James:
RJ Account number: 29436718
DTC number: 0725
Tax ID: 63-6063964 Law School Foundation
Broker Address: Raymond James, 2900 Highway 280, Suite 100, Birmingham, AL 35223
Broker Telephone: 205-802-4210
Our wire transfer instructions are as follows:
Bank: Cadence Bank
Birmingham, AL
Routing number: 062206295
Account Name: The University of Alabama
Account Number: 5500308191
Wire transfers must be received at UA’s bank on or before December 29, 2023, in order to be considered a 2023 contribution. Please contact UA at (205) 348-6718 and provide the name of who is making the wire transfer and reference the Law School Foundation.
The charitable IRA rollover, also called a qualified charitable distribution, was made permanent in 2015. Since 2006, many UA donors age 70 ½ or older have used this option to make qualifying charitable gifts that were excluded from taxable income and counted toward their required minimum distribution (RMD). To qualify, gifts must be transferred directly from the IRA provider to The University of Alabama School of Law and meet certain other requirements. This provision applies to people age 70 ½ or older at the time the transfer is completed. Please note that an individual taxpayer’s total charitable IRA rollover gifts cannot exceed $100,000 per tax year. We encourage you to check with your financial advisors about the best ways for you to take advantage of this opportunity as you consider gifts to the University and other charitable interests that are important to you.
It is simple to make a transfer. Contact your account administrator to request a check be delivered to the address below. Envelopes must be postmarked no later than December 31, 2023.
If you have IRA check writing abilities, your check must be deposited before December 31, 2023. Please ensure your check is received by our office no later than December 19, 2023.
The University of Alabama School of Law Foundation
Tax Identification #63-6063964
Attn: Law School Advancement Office
Box 870382
Tuscaloosa, Alabama 35487
For more information, please contact one of our Development Officers, Caroline Strawbridge at cstrawbridge@law.ua.edu or Jason Wear at jwear@law.ua.edu, or by calling 205-348-5752.
This information should not be construed as investment, tax or legal advice. Before making your charitable gift, please consult with your financial, legal and other advisors.
